SkyRyse - About the company
SkyRyse is a series C company based in Hayward (United States), founded in 2016 by Mitch Adler and Mark Groden. It operates as a Developer of flight automation software and hardware for aerial vehicles. SkyRyse has raised $605M in funding from investors like Fidelity Investments, Venrock and Fontinalis Partners, with a current valuation of $1.15B. The company has 42 active competitors, including 3 funded and 5 that have exited. Its top competitors include companies like Bell, Mdhelicopters and Robinson Helicopter.
Sectors and market segments that SkyRyse operate in
SkyRyse serves in the Aerospace, Maritime and Defense market segments.The primary business model of SkyRyse is:Company Details
Developer of flight automation software and hardware for aerial vehicles. This technology provides automated flight controls, sensor fusion, and system diagnostics to assist with navigation, stability, and emergency management. The architecture integrates with existing aircraft systems to enable autonomous operations, envelope protection, and landing assistance. These tools monitor flight conditions and pilot inputs to maintain safe operating parameters during various mission profiles.
- Website
- www.skyryse.com/
- Email ID
- *****@skyryse.com
- Registered Address
- Hayward, California
Key Metrics
Founded Year
2016
Location
Hayward, United States
Stage
Series C
Total Funding
$605M in 5 rounds
Latest Funding Round
Post Money Valuation
$1.15B as on Sep 16, 2025
Investors
Ranked
1st among 42 active competitors
Employee Count
191 as on Sep 30, 2026
Legal entities associated with SkyRyse
SkyRyse is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Skyryse, Inc. CIN: 5678208 , United States, Active | Dec 27, 2019 | - | - | - |
SKYRYSE CIN: 813215824 , United States, Active | Dec 26, 999 | - | 155 (As on Dec 31, 2024) | - |
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SkyRyse's funding and investors
SkyRyse has raised a total funding of $605M over 5 rounds. Its first funding round was on Aug 29, 2018. Its latest funding round was a Series C round on Sep 16, 2025 for $300M. 7 investors participated in its latest round. SkyRyse has 36 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of SkyRyse:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 16, 2025 | $300M | Series C | $1.15B | - | ||
Oct 27, 2021 | $200M | Series B | $623M | - | ||
May 27, 2020 | $2.5M | Series A | - | - | - | - |
View details of SkyRyse's funding rounds and investors
SkyRyse's founders and board of directors
Founder? Claim ProfileThe founders of SkyRyse are Mitch Adler and Mark Groden.
Here are the details of SkyRyse's key team members:
- Mitch Adler: Co-Founder of SkyRyse.
- Mark Groden: Co-Founder & CEO of SkyRyse.
View details of SkyRyse's Founder profiles and Board Members
SkyRyse's employee count trend
SkyRyse has 191 employees as of Sep 26. Here is SkyRyse's employee count trend over the years:
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SkyRyse's Competitors and alternates
Top competitors of SkyRyse include Bell, Mdhelicopters and Robinson Helicopter. Here is the list of Top 10 competitors of SkyRyse, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SkyRyse 2016, Hayward (United States), Series C | Developer of flight automation software and hardware for aerial vehicles | $605M | 61/100 | |
2nd | Bell 1935, United States, Funding Raised | Manufacturer of commercial helicopters | - | 55/100 | |
3rd | Mdhelicopters 1947, United States, Funding Raised | Manufacturer of light helicopters, parts, maintenance, support, and training services | - | 49/100 | |
4th | Robinson Helicopter 1973, Torrance (United States), Unfunded | Manufacturer of helicopters | - | - | 49/100 |
5th | Manufacturer of commercial aircrafts | - | - | 46/100 | |
6th | Indonesian-Aerospace 1976, Bandung (Indonesia), Unfunded | Manufacturer of aircraft, aerostructures, and provider of aircraft and engine services | - | - | 43/100 |
7th | Enstrom Helicopter 1959, Menominee (United States), Acquired | Manufacturer of single engine helicopters | - | - | 42/100 |
8th | Kopter 2007, Wetzikon (Switzerland), Acquired | Developer of single turbine helicopters | - | 42/100 | |
9th | XTI Aerospace 2024, Englewood (United States), Public | Electric VTOL aircraft | - | 40/100 | |
10th | Manufacturer of commercial airplanes | - | - | 38/100 |
Looking for more details on SkyRyse's competitors? Click here to see the top ones
SkyRyse's Investments and acquisitions
SkyRyse has made no investments or acquisitions yet.
Reports related to SkyRyse
Here is the latest report on SkyRyse's sector:
News related to SkyRyse
Media has covered SkyRyse for a total of 4 events in the last 1 year, 3 of them have been about company updates.
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Skyryse Raises $300M Series C at $1.15B Valuation to Advance Autonomous Flight SystemsTechStartups.com•Feb 04, 2026•Autopilot, SkyRyse, Fidelity Investments, Baron Capital Group and 5 others
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Skyryse Achieves First Black Hawk Flight with SkyOS, Enabling Automated FlightGlobeNewswire•Jan 05, 2026•SkyRyse
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Skyryse Introduces Skylar™, an AI Flight Assistant Focused on Aviation Safety and EfficiencyGlobeNewswire•Oct 01, 2025•SkyRyse
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FAA's MOSAIC Final Rule Empowers Skyryse with Simplified Aircraft OperationsGlobeNewswire•Jul 23, 2025•SkyRyse
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Skyryse Receives FAA Approval for For-Credit Flight Testing of Skyryse One HelicopterVerticalmag•May 21, 2025•SkyRyse
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Skyryse Appoints Lieutenant General Karsten Heckl (Ret.) as Strategic AdvisorVerticalmag•Apr 02, 2025•SkyRyse
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Skyryse and United Rotorcraft Announce Strategic Partnership to Advance Aviation Safety and AutomationVerticalmag•Mar 12, 2025•SkyRyse, United Rotorcraft
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Skyryse welcomes former FAA chief counsel Marc Nichols as a Skyryse advisorVerticalmag•Feb 13, 2025•SkyRyse
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