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.
- Website
- verdegoaero.com
- 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
Ranked
7th among 72 active competitors
Employee Count
40 as on Aug 31, 2026
Legal entities associated with VerdeGo Aero
VerdeGo Aero is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VerdeGo Aero CIN: 1714832 , United States, Active | $1 - $1M (As on Apr 24, 2018) | - | - | |
Verdego Aero, Inc. CIN: 82-1991835 , United States, Active | Feb 28, 2022 | - | - | - |
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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:
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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 |
View details of VerdeGo Aero's funding rounds and investors
VerdeGo Aero's founders and board of directors
Founder? Claim ProfileThe 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:
- Clay Wittwer: Owner of VerdeGo Aero. Contact Info: 1 email address
- Erik Lindbergh: Co-Founder & President of VerdeGo Aero.
- Eric Bartsch: CEO & Co-Founder of VerdeGo Aero. Contact Info: 1 email address
View details of VerdeGo Aero's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BETA 2012, South Burlington (United States), Public | Manufacturer of electric aircraft, charging systems, and customized training programs | $1.66B | 74/100 | |
2nd | Aurora 1989, Manassas (United States), Acquired | Developer of advanced aircraft and enabling technologies for government and commercial sectors | $6.85M | 67/100 | |
3rd | H55 2015, Sion (Switzerland), Series C | Developer of electric propulsion and energy storage systems for aviation | $147M | 65/100 | |
4th | ZeroAvia 2018, Everett (United States), Series C | Manufacturer of hydrogen electric propulsion systems for commercial aviation aircraft | $348M | 64/100 | |
5th | Greenjets 2005, London (United Kingdom), Series A | Developer of electric jet engines for sustainable aviation propulsion systems | $47.5M | 63/100 | |
6th | Whisper Aero 2021, Crossville (United States), Series B | Developer of electric propulsion systems for aviation, defense, and commercial sectors | $85.8M | 57/100 | |
7th | VerdeGo Aero 2017, Daytona Beach (United States), Series B | Provider of power and propulsion technologies to develop electric aircraft | $14.6M | 54/100 | |
8th | magniX 2009, Everett (United States), Unfunded | Developer of electric propulsion systems for aerospace and defense | - | - | 50/100 |
9th | OhmSpace 2021, Southampton (United Kingdom), Seed | Provider of spacecraft propulsion technology for the satellite market | $4.21M | 49/100 | |
10th | Green Aero Propulsion 2023, Delhi (India), Seed | Developer of fuel agnostic gas turbine engines for civilian and defence | $2.08M | 49/100 |
Looking for more details on VerdeGo Aero's competitors? Click here to see the top ones
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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VerdeGo Aero’s VH-4T-RD hybrid-electric powerplant enters low-rate productionVerticalmag•Nov 21, 2025•VerdeGo Aero
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Stetson alumni-based funding group invests $265,000 in aerospace firminvestidollar.com•Sep 05, 2022•VerdeGo Aero
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Pratt & Whitney Teams With Hybrid-Electric Specialist VerdeGo AeroAIN Publications•Aug 01, 2022•Prattwhitney, VerdeGo Aero
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VerdoGo Aero, Embry-Riddle Team to Mitigate Electric Aircraft NoiseUAS Vision•Dec 08, 2020•VerdeGo Aero
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VerdeGo Aero Announces Powertrain And eVTOL Control SystemsAero-News Network•Aug 08, 2018•VerdeGo Aero
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