When was Flytrex founded?

Flytrex was founded in 2013 and raised its 1st funding round 4 years after it was founded.

Where is Flytrex located?

Flytrex is headquartered in Tel Aviv, Israel.

Who is the current CEO of Flytrex?

Yariv Bash of Flytrex. They have also founded 1 company.

How many employees does Flytrex have?

As of Jul 31, 2026, the latest employee count at Flytrex is 96.

Is Flytrex a funded company?

Flytrex is a funded company, having raised a total of $60M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 03, 2017.

When was the latest funding round of Flytrex?

Flytrex's latest funding was a $***** Series C round on Nov 19, 2021, with participation from 6 investors. Its primary sector is Drones. In Israel, the Drones sector has seen $28M in funding in 2026 to date.

Where does Flytrex rank among its competitors?

Flytrex ranks 1st amongst 50 active competitors, of which 20 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Zipline, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of Flytrex?

Flytrex's top competitors include Zipline, Workhorse Group and Elroy Air. Among them, Zipline secured the most recent funding round in August, 2026.

Flytrex - 2026 Company Profile, Team, Funding & Competitors

Flytrex is a series C company based in Tel Aviv (Israel), founded in 2013 by Yariv Bash and Amit Regev. It operates as a Provider of cloud-based on-demand drone-based e-commerce delivery services. Flytrex has raised $60M in funding from investors like BRM, Benhamou Global Ventures and ARMADA Investment. The company has 50 active competitors, including 20 funded and 5 that have exited. Its top competitors include companies like Zipline, Workhorse Group and Elroy Air.

Company Details

Provider of cloud-based on-demand drone-based e-commerce delivery services. Its features including a wireless drop mechanism for parcel delivery, a fastened delivery box for secure transportation of packages, GPS, and sensor-based navigation. It enables retailers, e-commerce marketplaces, restaurants, and delivery companies to provide on-demand and suburban FMCG deliveries.

Website: www.flytrex.com/
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Email ID: *****@flytrex.com
Part Of

Key Metrics

Founded Year

2013

Location

Tel Aviv, Israel

Stage

Series C

Total Funding

$60M in 5 rounds

Latest Funding Round

Series C, Nov 19, 2021, $*****

Investors

BRM & 16 more

Ranked

1^st among 50 active competitors

Employee Count

96 as on Jul 31, 2026

Similar Companies

Workhorse Group & 136 more

View Flytrex's full profile

Flytrex has raised a total funding of $60M over 5 rounds. Its first funding round was on Jan 03, 2017. Its latest funding round was a Series C round on Nov 19, 2021 for $*****. 6 investors participated in its latest round. Flytrex has 14 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Flytrex:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 19, 2021	7533643	Series C	8949973	1188308	3840739	6689364
Mar 17, 2021	7018712	Series C	5366002	8575468	2029871	Benhamou Global Ventures & 1 more
Mar 17, 2021	7992575	Grant (prize money)	8597557	8298374	7463727	Israel Innovation Authority

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View details of Flytrex's funding rounds and investors

The founders of Flytrex are Yariv Bash and Amit Regev. Yariv Bash is the CEO of Flytrex.

Here are the details of Flytrex's key team members:

Yariv Bash: Co-Founder & CEO of Flytrex and founder of 1 other company.
Contact Info: 1 email address
Amit Regev: Co-Founder of Flytrex.
Contact Info: 1 email address

View details of Flytrex's Founder profiles and Board Members

Flytrex's employee count trend

Flytrex has 96 employees as of Jul 26. Here is Flytrex's employee count trend over the years:

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Top competitors of Flytrex include Zipline, Workhorse Group and Elroy Air. Here is the list of Top 10 competitors of Flytrex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flytrex 2013, Tel Aviv (Israel), Series C	Provider of cloud-based on-demand drone-based e-commerce delivery services	$60M	b2venture, BRM & 15 others	69/100
2nd	Zipline 2011, San Francisco (United States), Series H	Operator of drone delivery and logistics	$1.63B	Fidelity Investments, Google Ventures & 65 others	66/100
3rd	Workhorse Group 2007, Cincinnati (United States), Public	Manufacturer of electric vehicles and related components for transportation solutions	$35.8M	ARK Investment Management, Marathon Asset Management ... & 4 others	64/100
4th	Elroy Air 2016, San Francisco (United States), Series B	Autonomous aircraft systems for cargo delivery purposes	$116M	Levitate Capital, Shasta Ventures & 32 others	63/100
5th	Matternet 2011, Mountain View (United States), Series A	Provider of autonomous drone networks	$34.1M	QueensBridge Venture Partners, Alchemist Accelerator ... & 9 others	62/100
6th	Wing 1997, Palo Alto (United States), Acquired	Operator of on-demand drone delivery service for food, groceries, and goods	-	Burman Family	62/100
7th	Volansi 2015, Concord (United States), Acquired	Logistics delivery solutions with VTOL drone delivery	$75M	Icon Ventures, Alchemist Accelerator & 11 others	55/100
8th	MightyFly 2019, San Francisco (United States), Series A	Offers autonomous drone vehicles providing end to end logistics services	$15.1M	Graph Ventures, Global Founders Capital & 6 others	54/100
9th	PABLO AIR 2018, Incheon (South Korea), Funding Raised	Provider of drone delivery services	-	KTB Network, DAOL Investment & 2 others	48/100
10th	Hylio 2015, Austin (United States), Funding Raised	Developing autonomous drone for P2P delivery purposes	-	Capital Factory, Caricaco	47/100