Surf Air

Santa Monica, United States Founded: 2012 • Age: 14 yrs
Private airline services are offered via a membership-based subscription model.
Annual revenue $119.4M Latest available
Total funding $24.8M 8 rounds
Employees 703 Tracked headcount
Investors 12 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Surf Air

Surf Air is a company based in Santa Monica (United States) founded in 2012. It operates as a On-Demand Services, AI-as-a-Service, and Mobility-as-a-Service. Surf Air has raised $24.78 million across 8 funding rounds from investors including Vebu, Anthem Venture Partners and Velos Partners. The company has 703 employees as of December 31, 2024. Surf Air has completed 2 acquisitions, including Fly Blackbird and iFly Rise. Surf Air offers products and services including Scheduled Regional Flights, Surf On Demand, SurfOS, and Electrification Technology. Surf Air operates in a competitive market with competitors including Wheels Up, VistaJet, Stratajet, XO and LYGG, among others.

  • Headquarter Santa Monica, United States
  • Employees 703 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
    Travel & Hospitality
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Surf Air Mobility Inc.
Operational Areas
Technology → Aviation & Specialized Tech Systems Unlock Sub-Sector Unlock Segment
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $119.42 M (USD)
    97.38
    as on Dec 31, 2024
  • Net Profit
    -$74.91 M (USD)
    70.12
    as on Dec 31, 2024
  • EBITDA
    -$51.91 M (USD)
    60.95
    as on Dec 31, 2024
  • Total Equity Funding
    $24.78 M (USD)

    in 8 rounds

  • Latest Funding Round
    $100 M (USD), Post-IPO

    Nov 14, 2025

  • Investors
    Vebu

    & 11 more

  • Employee Count
    703

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Surf Air

Surf Air is a publicly listed company on the NYSE with ticker symbol SRFM in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: SRFM · Sector: Transportation · USA

Products & Services of Surf Air

Surf Air offers a comprehensive portfolio of products and services, including Scheduled Regional Flights, Surf On Demand, SurfOS, and Electrification Technology.

Product name locked
Category locked
Primary

Scheduled flights are offered across U.S. regions daily.

Product name locked
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Customized private charter flights are booked on demand.

Product name locked
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AI-powered software is developed for air mobility operations.

Product name locked
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Electrified propulsion technology is developed for regional aircraft.

People of Surf Air

Headcount 50-200
Employee Profiles 10
Board Members and Advisors 3
Employee Profiles
People
Sudhin Shahani
Chairman And CEO
People
Rudd Davis
COO
People
Joshua Lowton
VP, Sales
People
Robert Neidle
Senior Tax Manager

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Board Members and Advisors
people
Karl-Thomas Neuman
Advisor
people
Fred Reid
Senior Advisor to the Founders
people
Carl Albert
Chairman

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Funding Insights of Surf Air

Surf Air has successfully raised a total of $24.78M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $100 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Surf Air

Surf Air has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Vebu, Anthem Venture Partners and Velos Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage tech startups in Southern California are invested in.
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Investments in US tech companies are made by Velos Partners.
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Early-stage venture capital investments are focused on US companies.
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Investor details for Surf Air

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Surf Air

Surf Air has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fly Blackbird and iFly Rise.

Investments
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Investment portfolio details for Surf Air

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
private air travelsharing membership service
Locked Locked 2014 Locked
A network of private flights is developed and managed.
Locked Locked 2009 Locked
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Complete acquisition details for Surf Air

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Surf Air

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Detailed financials for Surf Air

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  • Profit trends
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Surf Air Comparisons

Surf Air Primary company
Description
Private airline services are offered via a membership-based ...
Location
Santa Monica, United States
Founded Year
2012
Annual Revenue
$119.42 M (USD)
Net Profit
-$74.91 M (USD)
EBITDA
-$51.91 M (USD)
Employees
703
As of 2024
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Peer comparison for Surf Air

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Surf Air

Surf Air operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wheels Up, VistaJet, Stratajet, XO and LYGG, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Private jets are booked through an online membership platform.
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Unscheduled air transportation is provided for travelers and executives.
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Private jets are booked through an online marketplace for charters.
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Private jets are booked via web and mobile platform.
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An app-based platform for reserving private charter flights is offered.
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Detailed competitors of Surf Air

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Surf Air

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Complete news archive for Surf Air

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about Surf Air

Surf Air was founded in 2012.

Surf Air is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.

Surf Air is a funded company, having raised a total of $24.78M across 8 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Surf Air is 703.

Annual revenue of Surf Air is $119.42M as on Dec 31, 2024.

Surf Air Mobility is engaged in expanding regional air travel through electrification and software innovation. The company operates as one of the largest commuter airlines in the U.S., offering scheduled flights and on-demand charter services. Solutions like SurfOS, an AI-powered platform, are developed to enhance operational efficiency in the aviation sector. Additionally, electrification technology for aircraft such as the Cessna Caravan is being commercialized to reduce environmental impact and make flying more accessible. The focus remains on connecting regional airports and serving diverse U.S. regions.

Surf Air's top competitors include Wheels Up, VistaJet and XO.

Surf Air offers Scheduled Regional Flights, Surf On Demand, SurfOS, and Electrification Technology.

Yes, Surf Air is publicly traded on NYSE under the ticker symbol SRFM.

Surf Air has made 2 acquisitions, including Fly Blackbird, and iFly Rise.

Surf Air has 12 investors. Key investors include Vebu, Anthem Venture Partners, Velos Partners, PLUS Capital, and ff Venture Capital.

The ticker symbol of Surf Air is SRFM on NYSE.

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