About VerdeGo Aero
VerdeGo Aero is a Transportation, Automotive & Logistics company based in Daytona Beach (United States) founded in 2017 by Eric Bartsch and Erik Lindbergh. Power and propulsion technologies for electric aircraft are provided. It operates in the Transportation, Automotive & Logistics and Aerospace, Defense & Maritime sectors. VerdeGo Aero has raised $14.64 million across 6 funding rounds from investors including RTX, Hatter Angel Network and Seyer Industries. VerdeGo Aero offers products and services including VH-3 185 kW, VH-4T 400 kW, VH-5 Blended Turbofan, and Aircraft Integration. Its focus areas include Energy Tech, Electric Vehicles, Components and Powertrain Systems. Its competitors include ZeroAvia, Whisper Aero and H3X Technologies; 3 of its 3 listed competitors have raised funding.
Company details
VerdeGo Aero was founded in 2017 in Daytona Beach, United States, within the electric aviation sector. Hybrid-electric aircraft are developed by the company for applications including air taxis, air ambulances, and express cargo transportation. Dual tilt-wing configurations and eight independent rotors, each powered by an electric motor, are featured in its designs. Operations focus on advancing propulsion systems for sustainable flight.
- Headquarters Daytona Beach, United States
- Founders Eric Bartsch, Erik Lindbergh
- SectorsTransportation, Automotive & LogisticsAerospace, Defense & Maritime
- Email••••••••
- Website verdegoaero.com
- Social LinkedIn X Facebook
- Total Equity Funding$14.64M (USD)
in 6 rounds
- Latest Funding Round$2.03M (USD), Series B
Jun 2024
- InvestorsRTX
& 6 more
Products & Services of VerdeGo Aero
VerdeGo Aero offers a comprehensive portfolio of products and services, including VH-3 185 kW, VH-4T 400 kW, VH-5 Blended Turbofan, and Aircraft Integration.
Provides 185 kW hybrid power for enhanced aircraft performance.
Delivers 400 kW to boost range and efficiency in aviation.
Integrates turbofan technology for optimized aircraft propulsion.
Facilitates hybrid setup for various aircraft types and missions.
Funding Insights of VerdeGo Aero
VerdeGo Aero has successfully raised a total of $14.64M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $2.03 million completed in June 2024. 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.
- Total Funding $14.64M
- Total Rounds 6
- Last Round Series B — $2.03M
- First Round $90,000
(Aug 2017)
- Investors Count 7
All 6 funding rounds of VerdeGo Aero with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $2.03M | Series B | – | – | – |
| Sep 2022 | $265,000 | Series A | – | Hatter Angel Network | – |
| Jul 2022 | $12M | Series A | – | RTX | |
| May 2021 | $350,000 | Seed | – | – | – |
| Jun 2019 | $305,944 | Debt – Conventional | – | – | – |
| Aug 2017 | $90,000 | Debt – Conventional | – | – | – |
7 investors in total: 7 institutional.
Investors in VerdeGo Aero
VerdeGo Aero has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include RTX, Hatter Angel Network and Seyer Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
DiamondStream Partners is focused on investing in mobility transformation companies. | diamondstream.com | Seattle, United States | ||
Student-led initiative providing angel investments to privately held companies. | 2018 | hatterangelnetwork.com | Ponte Vedra Beach, United States | |
Defense and aerospace systems are manufactured and developed by RTX. | 1922 | rtx.com | United States | |
Seyer Industries is engaged in aerospace manufacturing and innovation. | 1957 | seyerind.com | St. Peters, United States | |
| avfuel.com | ||||
Investments are focused on innovative founders across multiple sectors. | standishspring.com | Duxbury, United States | ||
Private jet charter services are provided by Welojets globally. | welojets.com | Madrid, Spain |
Investor details for VerdeGo Aero
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People of VerdeGo Aero
8 people are tracked at VerdeGo Aero (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Eric Bartsch | Co-Founder & COO | Leadership |
Erik Lindbergh | Co-Founder & President | Leadership |
Matthew Thomas | Chief Financial Officer | Leadership |
Matt Kollar, MS, LSSGB, LBB | Director Of Operations And Human Resources | Leadership |
Dave Spitzer | Vice President of Product Development | Leadership |
David Eichstedt | Vice President Of Product Management | Leadership |
Steven Fox | Senior Engineering Manager | Team |
Lathia Buggs | HR Manager | Team |
Complete people profiles for VerdeGo Aero
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Timeline of VerdeGo Aero
3 dated milestones of VerdeGo Aero across 7 years, from founding to its latest funding, stage changes and deals.
- Founded VerdeGo Aero is founded.
- Funding First funding round of $90K.
- Funding Latest funding round, Series B, of $2.0M.
Competitors of VerdeGo Aero
VerdeGo Aero has 3 listed competitors in our database, 3 of them funded. They include ZeroAvia, Whisper Aero and H3X Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zeroavia.com | 2017 | San Carlos, United States | $348.16M | Hydrogen fuel cell-powered aviation powertrains are manufactured for emission reduction. | ||
| whisper.aero | 2020 | Crossville, United States | $39.5M | 53 | Electric aircraft, drones, and propulsion systems are designed and developed. | |
| h3x.tech | 2020 | Saint Louis Park, United States | $26.01M | Motor drives for electric aircraft propulsion are developed. |
Detailed competitors of VerdeGo Aero
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Web traffic of VerdeGo Aero
The website of VerdeGo Aero (verdegoaero.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▲ 11.3% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as VerdeGo Aero (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Verdego Aero
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Frequently Asked Questions about VerdeGo Aero
VerdeGo Aero was founded in 2017.
VerdeGo Aero is headquartered in Daytona Beach, United States. It is registered at Daytona Beach, Florida, United States.
VerdeGo Aero is a funded company, having raised a total of $14.64M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $90K, raised on Aug 2017.
VerdeGo Aero was founded in 2017 in Daytona Beach, United States, within the electric aviation sector. Hybrid-electric aircraft are developed by the company for applications including air taxis, air ambulances, and express cargo transportation. Dual tilt-wing configurations and eight independent rotors, each powered by an electric motor, are featured in its designs. Operations focus on advancing propulsion systems for sustainable flight.
VerdeGo Aero's top competitors include ZeroAvia, Whisper Aero and H3X Technologies.
VerdeGo Aero offers VH-3 185 kW, VH-4T 400 kW, VH-5 Blended Turbofan, and Aircraft Integration.
VerdeGo Aero has 7 investors. Key investors include RTX, Hatter Angel Network, Seyer Industries, DiamondStream Partners, and Avfuel.