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Aero is a California-based aviation company that operates semi-private jet flights by offering individual seat bookings on custom-configured aircraft. Functioning as a public charter operator through its subsidiary USAC Airways, the enterprise provides premium leisure travelers with direct routes from private terminals to destinations such as Aspen, Los Cabos, and Sun Valley. The business serves approximately 500 monthly customers using a fleet of 16-seat Embraer ERJ135 and Legacy 600 jets. Aero has raised over $85 million in total funding, including a $65 million Series B round in August 2022 co-led by AlbaCore Capital Group and Expa, alongside participation from CapitalG, reaching a $300 million valuation. Following the closure of its European flight operations, the firm is focused entirely on expanding its North American network. The company was founded in 2019 by Uber co-founder Garrett Camp.
Aero has raised $105.0M across 4 funding rounds.
Aero has raised $105.0M in total across 4 funding rounds.
Aerotech is a precision motion and automation technology company founded in 1970, specializing in high-accuracy motion control solutions for manufacturing and measurement challenges across demanding industries.[1] It builds robust, reliable components, subsystems, and custom engineered systems that increase process tolerances, throughput, and reduce total cost of ownership, serving sectors like aerospace, semiconductors, and medical devices with scalable integration and global support.[1] With over 50 years of experience and more than $2 billion in equipment shipped, Aerotech solves complex motion problems to help customers manufacture products faster and more accurately.[1]
Aerotech primarily serves industrial manufacturers facing precision automation needs, addressing problems like technical risk, high costs, and integration challenges in motion control.[1] Its growth momentum stems from deep expertise in customization and a customer-focused approach, enabling long-term performance in competitive markets without recent public metrics on revenue or expansion.[1]
Aerotech was established in 1970 as a pioneer in motion control and automation, evolving from solving early precision challenges to becoming a global leader with over 50 years of experience across industries.[1] The company's backstory centers on its founders' focus on customer partnerships, drawing from decades of hands-on problem-solving in motion expertise to build a portfolio of standard and custom solutions.[1] Key pivotal moments include shipping over $2 billion in equipment, demonstrating early traction in high-stakes applications, and expanding to offer turnkey systems with worldwide support.[1] This foundation has allowed Aerotech to minimize customer risks while scaling from components to full automation systems.[1]
Aerotech rides the trend of precision automation in Industry 4.0, where manufacturing demands sub-micron accuracy amid rising complexity in semiconductors, biotech, and aerospace.[1] Timing aligns with global pushes for higher throughput and efficiency, as supply chains prioritize automation to counter labor shortages and cost pressures.[1] Market forces like advanced materials testing and high-speed production favor Aerotech's solutions, which integrate flawlessly to cut risks in high-value sectors.[1] It influences the ecosystem by setting standards for custom motion systems, enabling thousands of companies daily to advance processes and fostering innovation in precision tech.[1]
Aerotech's future hinges on expanding custom systems for emerging fields like photonics and robotics, leveraging its expertise amid AI-driven automation growth. Trends like sustainable manufacturing and edge computing will amplify demand for its low-cost, high-precision tools, potentially evolving its role toward fully integrated smart factories. As precision needs intensify, Aerotech stands poised to deepen its ecosystem impact, building on five decades of solving the toughest motion challenges.[1]
Aero has raised $105.0M in total across 4 funding rounds.
Aero's investors include AlbaCore Capital Group, Capital One Ventures, Expa, Keyframe Capital, John Rapaport, Cyrus Capital, Garrett Camp, GGV Capital, Bessemer Venture Partners, Bullish, Notable Capital, SoGal Ventures.
Aero has raised $105.0M across 4 funding rounds. Most recently, it raised $65.0M Series B in August 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 19, 2022 | $65.0M Series B | AlbaCore Capital Group, Capital One Ventures, Expa, Keyframe Capital | |
| Mar 4, 2021 | $20.0M Series A | John Rapaport | Cyrus Capital, Expa |
| Sep 1, 2019 | $16.0M Series A | Garrett Camp, GGV Capital | Bessemer Venture Partners, Bullish, Notable Capital, SoGal Ventures, SQN Venture Partners, Y Combinator |
| Apr 1, 2018 | $4.0M Seed | Bessemer Venture Partners, Bullish, Notable Capital, SoGal Ventures, SQN Venture Partners, Y Combinator |