Wisk

Mountain View, United States Founded: 2019 • Age: 7 yrs Acquired By Boeing
Autonomous electric eVTOL vehicles are developed for passenger air transport.
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About Wisk

Wisk is a company based in Mountain View (United States) founded in 2019 was acquired by Boeing in June 2023.. Wisk has raised $450 million across 1 funding round from investors including Boeing. Wisk has completed 2 acquisitions, including SkyGrid and Verocel. Wisk offers products and services including Generation 6 Aircraft. Wisk operates in a competitive market with competitors including Ehang, Joby Aviation, Archer, Odys Aviation and Lilium, among others.

  • Headquarter Mountain View, United States
  • Sectors
    Transportation, Automotive & Logistics
    Aerospace, Defense & Maritime
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wisk Aero Llc
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $450 M (USD)

    in 1 rounds

  • Latest Funding Round
    $450 M (USD), Series D

    Jan 24, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    SkyGrid

    & 1 more

  • Acquired by
    Boeing

    (Jun 08, 2023)

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Products & Services of Wisk

Wisk offers a comprehensive portfolio of products and services, including Generation 6 Aircraft. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Autonomous electric air taxi for safe passenger transport.

People of Wisk
Headcount 200-500
Employee Profiles 166
Employee Profiles
People
Steven Chan
Battery Test Technician
People
Sebastien Vigneron
SVP, Engineering & Programs
People
Michelle Campbell
Business Systems Manager
People
Brian Yutko
CEO

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Funding Insights of Wisk

Wisk has successfully raised a total of $450M through 1 strategic funding round. The most recent funding activity was a Series D round of $450 million completed in January 2022. 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
  • Total Rounds 1
  • Last Round Series D — $450.0M
  • First Round

    (24 Jan 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Series D - Wisk Valuation Boeing
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wisk

Wisk has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Boeing. 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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial jetliners, defense, space, and security systems are manufactured.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wisk

Wisk has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include SkyGrid and Verocel. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Airspace management systems for unmanned aircraft are provided by SkyGrid.
2005
Software verification services are provided for safety-critical industries.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Wisk

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wisk Comparisons

Employees
+
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Competitors of Wisk

Wisk 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 Ehang, Joby Aviation, Archer, Odys Aviation and Lilium, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Autonomous aerial vehicles are provided for consumer and commercial uses.
domain founded_year HQ Location
Joby Aviation is focused on electric aerial ridesharing solutions.
domain founded_year HQ Location
Electric vertical takeoff and landing aircraft are developed.
domain founded_year HQ Location
Designer and manufacturer of a VTOL aircraft
domain founded_year HQ Location
Sustainable high-speed regional air mobility solutions are provided by Lilium.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wisk

Frequently Asked Questions about Wisk

When was Wisk founded?

Wisk was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is Wisk located?

Wisk is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Who is the current CEO of Wisk?

Brian Yutko is the current CEO of Wisk.

Is Wisk a funded company?

Wisk is a funded company, having raised a total of $450M across 1 funding round to date. The company's 1st funding round was a Series D of $450M, raised on Jan 24, 2022.

What does Wisk do?

Wisk was founded in 2019 in Mountain View, United States, within the aerospace sector. Autonomous electric vertical take-off and landing vehicles are developed for urban air mobility. A four-seat eVTOL air taxi is produced, featuring all-electric propulsion for passenger transport, along with luggage accommodation and accessibility adaptations for individuals with disabilities. Operations emphasize reliable aerial services in metropolitan areas.

Who are the top competitors of Wisk?

Wisk's top competitors include Ehang, Archer and Joby Aviation.

What products or services does Wisk offer?

Wisk offers Generation 6 Aircraft.

How many acquisitions has Wisk made?

Wisk has made 2 acquisitions, including SkyGrid, and Verocel.

Who are Wisk's investors?

Wisk has 1 investor. Key investors include Boeing.

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