Aero Raises $65M in Series B Financing

Aero

Aero, a San Francisco, CA-based air travel company, raised $65M in Series B funding.

The round was led by AlbaCore Capital Group, Expa, Keyframe Capital, and Capital One Ventures.

The company intends to use the funds to drive global market expansion and to further answer increased demand on existing routes.

Led by CEO Uma Subramanian, Aero offers premium seats on direct flights between private terminals using custom designed 16-seat aircraft. All flights in the US are public charters operated by the company’s wholly owned subsidiary USAC Airways 695 LLC (FAA Air Carrier Certificate 5U5A029Q), as direct air carrier. Aero acts as public charter operator and indirect air carrier under Part 380 of the U.S. Department of Transportation Public Charter Regulations.

Aero serves premium leisure travelers through private terminals, enriching the experience with personalized Concierge services – from booking to touchdown. With its fleet of black planes, the company offers guest experiences to curated destinations within the US and Europe.

Currently, the company offers flights to Aspen, Los Cabos and Sun Valley from private US terminals in Los Angeles (Van Nuys) and San Francisco (SFO), as well as Ibiza, Mykonos, and Nice from London’s Farnborough Airport.

FinSMEs

19/08/2022