What is Surf Air?
Surf Air Mobility is a prominent Los Angeles-based regional air mobility platform, recognized as one of the largest commuter airlines in the U.S. by scheduled departures. The company offers scheduled commercial air service on a per-seat basis and operates an on-demand private charter marketplace. Its proprietary SurfOS, an AI-enabled operating system, is designed to optimize operations within the private aviation and air mobility industries, covering scheduling, dispatch reliability, cost management, and revenue distribution for both scheduled and charter flights. Furthermore, Surf Air Mobility is actively advancing aircraft electrification through hybrid-electric powertrain technology, with plans to be a launch operator for next-generation electric passenger aircraft in partnership with BETA Technologies. This integrated approach, combining software, electrification, and regional airline operations, positions Surf Air Mobility to transform the accessibility and efficiency of regional air travel.
How much funding has Surf Air raised?
Surf Air has raised a total of $337.1M across 8 funding rounds:
Private Equity
$3.8M
Private Equity
$5M
Series B
$8M
Debt
$65M
Debt
$350K
Private Equity
$200M
Other Financing Round
$50M
Share Placement
$5M
Private Equity (2012): $3.8M, investors not publicly disclosed
Private Equity (2012): $5M, investors not publicly disclosed
Series B (2014): $8M supported by Anthem Venture Partners, Base Ventures, Dennis Phelps, Wavemaker, VTF Capital, Baroda Ventures, ff Venture Capital, Velos Partners, Nala Investments, Structure Capital, and VegasTech Fund
Debt (2014): $65M featuring White Oak Global Advisors, LLC
Debt (2020): $350K backed by PPP
Private Equity (2020): $200M with participation from Global Emerging Markets Group
Other Financing Round (2024): $50M led by Comvest Partners
Share Placement (2025): $5M, investors not publicly disclosed
Key Investors in Surf Air
Anthem Venture Partners
Anthem Venture Partners is a venture capital firm that invests in early-stage companies. Their focus often includes technology and disruptive business models.
Wavemaker
Wavemaker is a venture capital firm specializing in early-stage investments across Enterprise, Deep Tech, and Sustainability sectors, particularly in Southeast Asia.
VTF Capital
VTF Capital is an investment firm that supports early-stage companies in commerce technology, digital brand, and pre-consumer logistics, offering capital and operational expertise.
What's next for Surf Air?
The recent major strategic investment signals a pivotal growth phase for Surf Air Mobility, likely enabling accelerated development of its electrification initiatives and expansion of its AI-driven operating system. This capital infusion is expected to bolster its efforts in transforming regional air travel, potentially leading to increased fleet modernization and broader service offerings. The company's focus on both software optimization and sustainable aviation technology positions it for significant advancements in the evolving air mobility landscape.
See full Surf Air company page
