# Overair: Aviation & aerospace, Santa Ana, United States

> Overair: Overair is a leader in Advanced Air Mobility (AAM) and specializes in developing all-electric Vertical Takeoff and Landing (eVTOL) aircraft.

Source: https://millionrounds.com/startup/overair (Millionrounds; every figure on the page links to its filing or article)

United States · [Aviation & aerospace startup](https://millionrounds.com/companies)

# Overair

Overair is a leader in Advanced Air Mobility (AAM) and specializes in developing all-electric Vertical Takeoff and Landing (eVTOL) aircraft.

Funding reported Last round: Series B

Aviation & aerospace Santa Ana, United States

Company summary

- **Founded:** 2019 7 years old
- **Team:** 29 11 to 50 people
- **Funding reported:** $170M in dollars
- **Last round:** Series B Jun 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Overair has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Overair

Overair is a leader in Advanced Air Mobility (AAM) and specializes in developing all-electric Vertical Takeoff and Landing (eVTOL) aircraft.

Founded in 2020 in Santa Ana, California, the company emerged from Karem Aircraft, drawing on extensive military aircraft innovation. Overair's mission is to create emission-free and efficient aviation solutions, aiming for FAA certification by 2025. The company's flagship product, the Butterfly, is designed for versatility and quiet operation. It features electric propulsion, allowing for zero emissions during flight and the ability to operate in urban environments without long runways. The Butterfly can be configured for various uses, including passenger transport, cargo logistics, and medical services. Overair also focuses on aircraft development, vertiport infrastructure, and strategic collaborations with key partners in the aviation sector, such as JetSetGo and DFW International Airport.

## What company datasets say Overair raised

Funding, as reported

Reported in all **$170M** in dollars

Rounds **2**

Last round **Series B**

Last round size **$145M**

Last round date **Jun 2022**

Investors listed **2**

## The company, in detail

What they build

Known for

quiet operation proprietary propulsion system redundant aircraft systems on-demand transportation tilt-rotor design composite materials certifiable evtol platforms manufacturing high-tempo operations cargo transport evtol niche air transportation scalable aircraft design multi-mission capabilities aircraft safety standards butterfly aircraft

Built with from their website

Atlassian Atlassian Cloud Microsoft Exchange Microsoft 365 Apps & Services Ruby On Rails Ruby GitLab Zoom Meetings Microsoft Exchange Online VueJS

+3 more

Microsoft 365 Outlook Microsoft Email Providers

- **Sector:** Aviation & aerospace
- **Industry code:** NAICS 336411, SIC 3721
- **Region:** California
- **Revenue:** $5.0M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/overair)

## Aviation & aerospace in United States

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