# Wheels Up funding: rounds and investors

> Wheels Up has raised $579M across 6 rounds since 2013. Investors include Fidelity, Franklin Templeton and New Enterprise Associates.

Source: https://millionrounds.com/company/wheels-up (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Wheels Up*

6 rounds we have observed, with the 8 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.

Consumer Services Internet Logistics

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$579M** raised across 6 rounds since 2013, from 6 sources

**$115M** Growth **$118M** Round **$128M** Series D **$50M** Round **$168M** Debt

- **Latest round:** Debt, $168M May 2026
- **Step-up i:** 3.4×
- **Investors:** 8

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.

2015 2017 2019 2021 2023 2025

**?** Seed

**$115M** Growth

**$118M** Round

**$128M** Series D

**$50M** Round

**$168M** Debt

- **First round:** Seed
- **Biggest round:** $168M
- **Usual gap between rounds:** 22 months

## The rounds

- **May 2026** Debt **$168M** *3 returning* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Bank of America](https://millionrounds.com/fund/bank-of-america) Source recorded
- **Aug 2025** Round **$50M** *2 new* *3 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Fidelity](https://millionrounds.com/fund/fidelity) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Bank of America](https://millionrounds.com/fund/bank-of-america) Source recorded
- **Aug 2019** Series D **$128M** *1 new* *1 returning* [Fidelity](https://millionrounds.com/fund/fidelity) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Reported by FinSMEs
- **Oct 2017** Round **$118M** *1 returning* [Fidelity](https://millionrounds.com/fund/fidelity) Reported by FinSMEs
- **Sept 2015** Growth **$115M** *3 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Fidelity](https://millionrounds.com/fund/fidelity) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) From a historical funding record
- **Dec 2013** Seed **Amount undisclosed** *2 new* [Corigin Ventures](https://millionrounds.com/fund/corigin-ventures) [Krillion Ventures](https://millionrounds.com/fund/krillion-ventures) From a historical funding record

## 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.

**Seed** 2013 **Growth** 2015 **Round** 2017 **Series D** 2019 **Round** 2025 **Debt** 2026 [Fidelity](https://millionrounds.com/fund/fidelity) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Bank of America](https://millionrounds.com/fund/bank-of-america) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [Corigin Ventures](https://millionrounds.com/fund/corigin-ventures) [Krillion Ventures](https://millionrounds.com/fund/krillion-ventures)

## Everyone who backed them

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **4** rounds

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **3** rounds

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **2** rounds

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **2** rounds

[Bank of America](https://millionrounds.com/fund/bank-of-america) Company **2** rounds

[T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) Private equity **1** round

[Corigin Ventures](https://millionrounds.com/fund/corigin-ventures) VC firm **1** round

[Krillion Ventures](https://millionrounds.com/fund/krillion-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=wheels-up).

## Also claim to have backed them

These 6 firms list Wheels Up 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.

[Alpaca VC](https://millionrounds.com/fund/alpaca-vc) VC firm Per its own site

[Rosecliff Ventures](https://millionrounds.com/fund/rosecliff) VC firm Per its own site

[A-Rod Corp](https://millionrounds.com/fund/a-rod-corp) Family office Per its own site

[Kapital Partners](https://millionrounds.com/fund/kapital-partners) Family office Per its own site

[Montague Street Capital](https://millionrounds.com/fund/montague-street-capital) Family office Per its own site

[TRS Capital](https://millionrounds.com/fund/trs-capital) VC firm Per its own site

## Quick answers about Wheels Up

### Who invested in Wheels Up?

Wheels Up's investors include Fidelity, Franklin Templeton, New Enterprise Associates, Alumni Ventures and Bank of America, and 3 more on record.

### How much has Wheels Up raised?

Wheels Up has raised $579M across 6 rounds since 2013. One round did not disclose an amount, so the total is a floor.

### When did Wheels Up last raise?

Wheels Up's most recent round was a Debt of $168M in May 2026.

### What was Wheels Up's biggest round?

Its most recent round, $168M in May 2026, is also its largest on record.

### Who backed Wheels Up first?

Wheels Up's first round on record, in Dec 2013, was backed by Corigin Ventures and Krillion Ventures.

### What stage is Wheels Up at?

Wheels Up's latest named round is a Debt, in May 2026.

### Where is Wheels Up based?

Wheels Up is based in the United States.

## Companies like Wheels Up

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)[**Truck Parking Club** Oct 2026](https://millionrounds.com/company/truck-parking-club)[**Rosie** $7.0M · Oct 2026](https://millionrounds.com/company/rosie)

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