Wheels Up Garners $115,000,000 New Funding Round

  • Feed Type
  • Date
    9/29/2015
  • Company Name
    Wheels Up
  • Mailing Address
    220 West 42nd St. 9th Floor New York, NY 10036 USA
  • Company Description
    We created Wheels Up because we knew we could deliver a cost-effective, best in class experience to private fliers. We knew this because we have one of the most experienced teams in private aviation.
  • Website
    http://www.wheelsup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $115,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This latest round of financing will fuel the company’s United States expansion, set up a base of operations in Europe, and enhance the Company’s technology platform, which includes a unique member-to-member ride-sharing feature.
  • M&A Terms
  • Venture Investor
    T. Rowe Price
  • Venture Investor
    Fidelity Management & Research Company
  • Venture Investor
    New Enterprise Associates

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