Surf Air
12111 S Crenshaw Boulevard, Hawthorne, California, 90250, United States
Overview
Surf Air Mobility runs both a scheduled regional airline unit and an on-demand aviation segment that lets customers book flights as needed. In 3Q 2025, the airline division posted its second consecutive quarterly operating profit, while the on-demand business recorded 42 % year-over-year revenue growth. Consolidated quarterly revenue reached $29.2 million, up 3 % from the prior year, although company-wide net losses still widened. Management raised 2025 revenue guidance to at least $105 million, signaling confidence in continued expansion. A recently completed $100 million strategic financing is expected to trim annual interest expense by about $5.5 million, improving the path to profitability. Despite overall losses, cost-cutting measures and revenue momentum suggest further margin improvement ahead.
- Total raised
- $389M
- Funding rounds
- 8
- Latest round
- Equity
- Latest activity
- Aug 2020
Industries
- Air Transportation
- Delivery
- Logistics
- Transportation
- Travel
Recent funding
Equity
Aug 2020
$200M
Equity
Sep 2018
$9M
Debt Financing
Aug 2014
$65M
Series B
Jul 2013
$7M