United States · Funded startup

Who invested in Surf Air

7 rounds we have observed, with the 22 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Logistics

Raised 4 months ago

Funding summaryUpdated 26 Oct 2026

$153Mraised across 7 rounds since 2012, from 7 sources

$3.8MSeries A$7.0MSeries B$750KRound$8.0MSeries B$65MDebt$69MDebt
Latest round
Debt, $69MJul 2026
Investors
22
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20122014201620182020202220242026
?Seed$3.8MSeries A$750KRound$8.0MSeries B$69MDebt
First round
Seed
Apr 2012
Biggest round
$69M
Debt · Jul 2026
Usual gap between rounds
11 months
the median of 5

The rounds

  1. Jul 2026
    Debt$69M1 new2 returning

    Source recorded

  2. Aug 2014
  3. Aug 2014
    Debt$65M1 new
    • White Oak Global Advisors

    From a historical funding record

  4. May 2014
    Round$750K1 new

    From a historical funding record

  5. Jun 2013
    Series B$7.0M1 new1 returning

    Reported by pevc.dowjones.com

  6. Jun 2012
  7. Apr 2012
    SeedAmount undisclosed2 new

    From a historical funding record

Founders and team

From the SEC filings it signed: 2 on the team.

  • Heidi CraneExecutive Officeri
  • Sudhin ShahaniExecutive Officer, Directori

On the board, as filediDennis PhelpsJames BaileyJohn D'Agostino

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Base VenturesVC firm3rounds
IVPVC firm2rounds
Mucker CapitalVC firm2rounds
VegasTechFundPrivate equity2rounds
Structure CapitalVC firm2rounds
Velos PartnersVC firm2rounds
Jared LetoAngel2rounds
ff Venture CapitalVC firm1round
Siemer VenturesVC firm1round
TriplePoint CapitalVC firm1round
Baroda VenturesVC firm1round
Wavemaker PartnersVC firm1round
Gil ElbazAngel1round
Plus CapitalVC firm1round
MuckerLabVC firm1round
Eytan ElbazAngel1round
Jeff StibelAngel1round
Rick J. CarusoInvestment firm1round
Rick Carusono record of our own yet1round
White Oak Global Advisorsno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list Surf Air as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

VTF CapitalVC firmPer its own site
Partners for GrowthVC firmPer its own site
Lunch PartnersVC firmPer its own site
Urania VenturesVC firmPer its own site

Quick answers about Surf Air

Who invested in Surf Air?

Surf Air's investors include Base Ventures, New Enterprise Associates, IVP, Mucker Capital and VegasTechFund, and 17 more on record.

How much has Surf Air raised?

Surf Air has raised $153M across 7 rounds since 2012. One round did not disclose an amount, so the total is a floor.

When did Surf Air last raise?

Surf Air's most recent round was a Debt of $69M in Jul 2026.

What was Surf Air's biggest round?

Its most recent round, $69M in Jul 2026, is also its largest on record.

Who backed Surf Air first?

Surf Air's first round on record, in Apr 2012, was backed by Mucker Capital and Structure Capital.

What stage is Surf Air at?

Surf Air's latest named round is a Debt, in Jul 2026.

Where is Surf Air based?

Surf Air is based in the United States.

Companies like Surf Air

In the same sector, and raised in the last eighteen months.

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