Flytrex
Latest round
- Series C
Last raised
- Nov 2021
Total raised
- $48M
Investors
- 5
About Flytrex
Flytrex Inc.Founded in 2013 and headquartered in Tel Aviv, Israel, Flytrex Inc. focuses on drone delivery services for suburban areas.Flytrex specializes in drone delivery services tailored specifically for suburban communities in the United States. Their primary service enables customers to receive a wide range of products—ranging from food items like Chinese takeout and coffee to other essentials—delivered directly to their backyards within five minutes. This unique service model addresses the demand for quick and efficient delivery solutions in less urbanized areas, and it operates using certified drones, ensuring both safety and compliance with local regulations. Flytrex's client base includes local restaurants and retailers, which benefit from the company's commitment to fair revenue-sharing practices, thereby promoting community support.Flytrex generates revenue through direct-to-consumer transactions, primarily by facilitating the delivery of goods for local restaurants and retailers. Customers utilize the Flytrex app to place orders, which are then fulfilled via the company's drone fleet. The service model includes partnerships with restaurants, allowing them to list their offerings on the app and receive a portion of the sales directly from deliveries made.In November 2021, Flytrex Inc. The company is focused on enhancing its delivery capabilities and is exploring entry into new geographical regions to meet growing consumer demand.
Who invested in Flytrex
5 investors across 2 rounds
See all investors in Flytrex
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Flytrex
Who invested in Flytrex?
Flytrex has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Flytrex raised?
Flytrex has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Flytrex last raise money?
Flytrex's most recent round on record is a Series C, in Nov 2021.
What does Flytrex do?
Flytrex is a aerospace company.
Where is Flytrex headquartered?
Flytrex is headquartered in Tel Aviv, Israel.
Which VCs invest in companies like Flytrex?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back aerospace companies at Flytrex's stage. Their profiles are linked below.
VCs backing aerospace startups at Series C
Raising like Flytrex? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.