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skyTran - About the company

skyTran is an acquired company based in Irvine (United States), founded in 2009 by Robert Baertsch. It operates as a Developer of elevated personal rapid transit systems using pod technology. skyTran has raised $78.9M in funding from Reliance Industries and Innovation Endeavors, with last known valuation of $*****. The company has 11 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Transit, Vuba and Unitsky String Technologies.

Company Details

Developer of elevated personal rapid transit systems using pod technology. The company focuses on creating transportation networks that aim to reduce congestion. It designs and engineers systems intended for urban environments. The technology uses automated vehicles on a dedicated guideway.
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Key Metrics
Founded Year
2009
Location
Irvine, United States
Stage
Acquired
Total Funding
$78.9M in 9 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 28, 2021
Ranked
Employee Count
6 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Reliance Industries (Feb 28, 2021)

skyTran's acquisition details

skyTran got acquired by Reliance Industries on Feb 28, 2021 at an acquisition amount of $*****.
Click here to take a look at skyTran's acquisition in detail
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skyTran's funding and investors

skyTran has raised a total funding of $78.9M over 9 rounds. Its first funding round was on Sep 25, 2015. Its latest funding round was a Series B round on Mar 23, 2020 for $*****. 1 investor participated in its latest round. skyTran has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of skyTran:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 23, 2020
3494734
Series B
9586580
7641227
8175127
8672926
Nov 29, 2019
4937115
Series B
9469381
2691472
2325623
2636234
Mar 17, 2019
1926936
Series B
8996528
6822778
2431701
4055140
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skyTran's founders and board of directors

Founder? Claim Profile
The founders of skyTran is Robert Baertsch.
Here are the details of skyTran's key team members:

skyTran's employee count trend

skyTran has 6 employees as of Jul 26. Here is skyTran's employee count trend over the years:
Employee count trend for skyTran
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skyTran's Competitors and alternates

Top competitors of skyTran include Transit, Vuba and Unitsky String Technologies. Here is the list of Top 10 competitors of skyTran, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for skyTran
skyTran
2009, Irvine (United States), Acquired
Developer of elevated personal rapid transit systems using pod technology
$78.9M
45/100
2nd
Logo for Transit
Transit
2015, Boston (United States), Unfunded
Developer of an automated skypod transit network
-
-
32/100
3rd
Logo for Vuba
Vuba
2018, Colorado Springs (United States), Unfunded
Smart city mobility company that provides automated transportation solutions
-
-
29/100
4th
Logo for Unitsky String Technologies
Unitsky String Technologies
2014, Minsk (Belarus), Unfunded
Offers cargo haulage transportation on string rail overpass
-
-
28/100
5th
Logo for upBUS
upBUS
2019, Aachen (Germany), Funding Raised
Developer of electric multi-utility hybrid vehicles
-
27/100
6th
Logo for Swift Rails
Swift Rails
2014, Lancaster (United States), Seed
Developer of autonomous rail car services
$555K
26/100
7th
Logo for BeemCar
BeemCar
2014, Morpeth (United Kingdom), Unfunded
Autonomous suspended electric transport pods
-
-
26/100
8th
Logo for ottobahn
ottobahn
2019, Munich (Germany), Funding Raised
Tech-enabled skypod transportation solutions
-
24/100
9th
Logo for Frais
Frais
2020, Czech Republic, Unfunded
Developer of multiphase electric motors and tilting three-wheeled electric motorcycles
-
-
23/100
10th
Logo for Futran
Futran
2017, Edison (United States), Unfunded
Developer of automated, elevated public transportation systems
-
-
23/100
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skyTran's Investments and acquisitions

skyTran has made no investments or acquisitions yet.

Reports related to skyTran

Here is the latest report on skyTran's sector:

News related to skyTran

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FAQs about skyTran

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