About Wheels Up
Wheels Up is a company based in New York (United States) founded in 2013 by Bill Allard and Justin Firestone. Wheels Up has raised $401.58 million across 8 funding rounds from investors including Fidelity Investments, Delta Air Lines and T. Rowe Price. The company has 1,870 employees as of December 31, 2024. Wheels Up has completed 7 acquisitions, including Air Partner, Alante Air and Avianis. Wheels Up operates in a competitive market with competitors including Surf Air, VistaJet, XO, Stratajet and LYGG, among others.
- Headquarter New York, United States
- Employees 1870 as on 31 Dec, 2024
- Founders Bill Allard, Justin Firestone
- Stage Public
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Sectors
TechnologyTravel & Hospitality
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Wheels Up Experience Inc.
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Annual Revenue
$792.1 M (USD)-36.8as on Dec 31, 2024
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Net Profit
-$339.64 M (USD)30.32as on Dec 31, 2024
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EBITDA
-$192.24 M (USD)3.61as on Dec 31, 2024
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Total Equity Funding
$401.58 M (USD)
in 8 rounds
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Latest Funding Round
Not available
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Investors
Fidelity Investments
& 7 more
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Employee Count
1870
as on Dec 31, 2024
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Investments & Acquisitions
Air Partner
& 6 more
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IPO & Listings of Wheels Up
Wheels Up is a publicly listed company on the NYSE with ticker symbol UP 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.
People of Wheels Up
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Sales and Marketing
41 people
Leadership Team
39 people
Software Development Team
9 people
Senior Team
8 people
Legal and Compliance
6 people
Maintenance Team
5 people
Human Resources and Administration
5 people
Account Team
5 people
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Funding Insights of Wheels Up
Wheels Up has successfully raised a total of $401.58M across 8 strategic funding rounds. 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 Wheels Up
Wheels Up has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Delta Air Lines and T. Rowe Price.
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Certares is engaged in investment management for long-term value.
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Venture capital investments are offered to startups by NEA.
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Airline services are provided by Delta to global destinations.
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Investor details for Wheels Up
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Wheels Up
Wheels Up has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Air Partner, Alante Air and Avianis.
Investment portfolio details for Wheels Up
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- Portfolio identities
- Transaction dates
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- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Private jet brokerage is facilitated through membership-based online access.
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Alternative risk transfer and capital solutions are provided to clients.
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Cloud-based SaaS suite for aviation management is offered.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for Wheels Up
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- Domains and locations
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Financial Statements - Wheels Up
Detailed financials for Wheels Up
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- Profit trends
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Wheels Up Comparisons
Peer comparison for Wheels Up
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Competitors of Wheels Up
Wheels Up 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 Surf Air, VistaJet, XO, Stratajet and LYGG, among others.
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Private airline services are offered via a membership-based subscription model.
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Unscheduled air transportation is provided for travelers and executives.
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Private jets are booked via web and mobile platform.
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Private jets are booked through an online marketplace for charters.
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An app-based platform for reserving private charter flights is offered.
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Detailed competitors of Wheels Up
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Wheels Up
Complete news archive for Wheels Up
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- Full article archive
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- Brand-specific news history
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Frequently Asked Questions about Wheels Up
Wheels Up was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Wheels Up is headquartered in New York, United States. It is registered at New York, New York, United States.
George Mattson is the current CEO of Wheels Up.
Wheels Up is a funded company, having raised a total of $401.58M across 8 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Wheels Up is 1,870.
Annual revenue of Wheels Up is $792.1M as on Dec 31, 2024.
Wheels Up was founded in 2013 in New York, United States, as an online platform focused on private aviation. Membership options for individuals and corporations are offered, enabling access to a dedicated fleet of aircraft. Bookings operate on a pay-as-you-fly model with guaranteed occupied pricing. Services are provided nationwide, supporting private jet travel arrangements.
Yes, Wheels Up is publicly traded on NYSE under the ticker symbol UP.
Wheels Up has made 7 acquisitions, including Air Partner, Alante Air, and Avianis.
Wheels Up has 8 investors. Key investors include Fidelity Investments, Delta Air Lines, T. Rowe Price, Franklin Templeton, and Knighthead Capital Management.
The ticker symbol of Wheels Up is UP on NYSE.
The valuation of Wheels Up is $1.1B as of May 2019.