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VerdeGo Aero - About the company

VerdeGo Aero is a series B company based in Daytona Beach (United States), founded in 2017 by Clay Wittwer, Erik Lindbergh and Eric Bartsch. It operates as a Provider of power and propulsion technologies to develop electric aircraft. VerdeGo Aero has raised $14.6M in funding from RTX and Hatter Angel Network. The company has 72 active competitors, including 15 funded and 5 that have exited. Its top competitors include companies like BETA, Aurora and H55.

Company Details

Provider of power and propulsion technologies to develop electric aircraft. It has develops a hybrid-electric aircraft that can be used for air taxis, air ambulances, and express cargo transportation. Its aircraft features dual tilt-wing and 8 independent rotors each powered by one electric motor.
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Email ID
*****@verdegoaero.com
Key Metrics
Founded Year
2017
Location
Daytona Beach, United States
Stage
Series B
Total Funding
$14.6M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
40 as on Aug 31, 2026
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VerdeGo Aero's funding and investors

VerdeGo Aero has raised a total funding of $14.6M over 6 rounds. Its first funding round was on Aug 15, 2017. VerdeGo Aero has 7 institutional investors.

Here is the list of recent funding rounds of VerdeGo Aero:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 25, 2024
2189113
Series B
7000584
2549418
9039320
4689492
Sep 05, 2022
3104525
Series A
5626397
4104555
8984294
4619840
Jul 31, 2022
4871974
Series A
6780451
8262714
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VerdeGo Aero's founders and board of directors

Founder? Claim Profile
The founders of VerdeGo Aero are Clay Wittwer, Erik Lindbergh and Eric Bartsch. Eric Bartsch is the CEO of VerdeGo Aero.
Here are the details of VerdeGo Aero's key team members:

VerdeGo Aero's employee count trend

VerdeGo Aero has 40 employees as of Aug 26. Here is VerdeGo Aero's employee count trend over the years:
Employee count trend for VerdeGo Aero
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VerdeGo Aero's Competitors and alternates

Top competitors of VerdeGo Aero include BETA, Aurora and H55. Here is the list of Top 10 competitors of VerdeGo Aero, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BETA
BETA
2012, South Burlington (United States), Public
Manufacturer of electric aircraft, charging systems, and customized training programs
$1.66B
74/100
2nd
Logo for Aurora
Aurora
1989, Manassas (United States), Acquired
Developer of advanced aircraft and enabling technologies for government and commercial sectors
$6.85M
67/100
3rd
Logo for H55
H55
2015, Sion (Switzerland), Series C
Developer of electric propulsion and energy storage systems for aviation
$147M
65/100
4th
Logo for ZeroAvia
ZeroAvia
2018, Everett (United States), Series C
Manufacturer of hydrogen electric propulsion systems for commercial aviation aircraft
$348M
64/100
5th
Logo for Greenjets
Greenjets
2005, London (United Kingdom), Series A
Developer of electric jet engines for sustainable aviation propulsion systems
$47.5M
63/100
6th
Logo for Whisper Aero
Whisper Aero
2021, Crossville (United States), Series B
Developer of electric propulsion systems for aviation, defense, and commercial sectors
$85.8M
57/100
7th
Logo for VerdeGo Aero
VerdeGo Aero
2017, Daytona Beach (United States), Series B
Provider of power and propulsion technologies to develop electric aircraft
$14.6M
54/100
8th
Logo for magniX
magniX
2009, Everett (United States), Unfunded
Developer of electric propulsion systems for aerospace and defense
-
-
50/100
9th
Logo for OhmSpace
OhmSpace
2021, Southampton (United Kingdom), Seed
Provider of spacecraft propulsion technology for the satellite market
$4.21M
49/100
10th
Logo for Green Aero Propulsion
Green Aero Propulsion
2023, Delhi (India), Seed
Developer of fuel agnostic gas turbine engines for civilian and defence
$2.08M
49/100
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VerdeGo Aero's Investments and acquisitions

VerdeGo Aero has made no investments or acquisitions yet.

Reports related to VerdeGo Aero

Here is the latest report on VerdeGo Aero's sector:

News related to VerdeGo Aero

Media has covered VerdeGo Aero for 1 event in last 1 year, It was about company updates.
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