About Volaris
Volaris is a company based in Mexico City (Mexico) founded in 1993 by Enrique Javier Beltranena Mejicano.. The company has 7,360 employees as of December 31, 2024. Volaris has completed 5 acquisitions, including Adapt IT, Exformatics and Gallery Systems.
- Headquarter Mexico City, Mexico
- Employees 7360 as on 31 Dec, 2024
- Founders Enrique Javier Beltranena Mejicano
- Stage Public
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Controladora Vuela Compania De Aviacion Sab De Cv Class A
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Annual Revenue
$2.78 B (USD)-0.39as on Dec 31, 2024
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Net Profit
$111.84 M (USD)1569.95as on Dec 31, 2024
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EBITDA
$706.74 M (USD)24.4as on Dec 31, 2024
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Latest Funding Round
$50 M (USD), Post-IPO
Jun 14, 2023
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Investors
Frontier Airlines
& 5 more
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Employee Count
7360
as on Dec 31, 2024
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Investments & Acquisitions
Adapt IT
& 4 more
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IPO & Listings of Volaris
Volaris is a publicly listed company on the BMV with ticker symbol VOLAR/A in Mexico, 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.
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Software Development Team
23 people
Leadership Team
18 people
Gerente Team
11 people
Human Resources and Administration
8 people
Finance and Accounting
7 people
Sales and Marketing
7 people
Especialista Team
5 people
Product Management Team
5 people
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Funding Insights of Volaris
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $50.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Post-IPO - Volaris | Valuation |
investors |
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| Jun, 1999 | Amount | Private Equity Round - Volaris | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Volaris
Volaris has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Frontier Airlines, Wizz Air and Indigo Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Business acquisitions are targeted by the private equity firm.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Volaris
Volaris has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Adapt IT, Exformatics and Gallery Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Diversified management consulting services are provided by Exformatics.
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2003 | ||||
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Provider of mobile device and wireless expense management services for enterprises
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1996 | ||||
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IT service suite solutions are provided to various clients.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Volaris
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Volaris Comparisons
Competitors of Volaris
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Volaris
Frequently Asked Questions about Volaris
When was Volaris founded?
Volaris was founded in 1993 and raised its 1st funding round 6 years after it was founded.
Where is Volaris located?
Volaris is headquartered in Mexico City, Mexico.
Who is the current CEO of Volaris?
Enrique Javier Beltranena Mejicano is the current CEO of Volaris. They have also founded this company.
How many employees does Volaris have?
As of Dec 31, 2024, the latest employee count at Volaris is 7,360.
What is the annual revenue of Volaris?
Annual revenue of Volaris is $2.78B as on Dec 31, 2024.
What does Volaris do?
Volaris was established in 1993 and is based in Mexico City, Mexico. Passenger airlines are operated by the company within the aviation sector, providing low-cost air transportation services. Routes are served primarily in Mexico, the United States, and other Latin American destinations. Leadership is held by founder and CEO Enrique Javier Beltranena Mejicano, overseeing daily operations and expansion efforts.
Is Volaris publicly traded?
Yes, Volaris is publicly traded on BMV under the ticker symbol VOLAR/A.
How many acquisitions has Volaris made?
Volaris has made 5 acquisitions, including Adapt IT, Exformatics, and Gallery Systems.
Who are Volaris's investors?
Volaris has 6 investors. Key investors include Frontier Airlines, Wizz Air, Indigo Partners, GenZero, and Cleanhill Partners.
What is Volaris's ticker symbol?
The ticker symbol of Volaris is VOLAR/A on BMV.