Overair
All-electric aerial mobility
- 21-100 employees
- B2C
- B2B
- Travel
- Transport
- Mobility
- Flights
- Electric Vehicles
- Aerospace
- Santa Ana, CA
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Company mission
Overair's mission is to move the world and improve the lives of millions of people, by bringing next generation sustainable air transportation to everyone.
46% employee growth in 12 months
Our take
Overair was spun out of respected legacy company Karem Aircraft, which has spent decades developing Vertical Take-off & Landing (VTOL) programs for military use.
Co-founded by Abe Karem, who has designed a number of aircraft including the Boeing A160 Hummingbird, Overair leverages Karem’s core technology and patents to build Butterfly, an electrified – and crucially, quiet – aircraft.
The reason volume is so important to Overair is that it’s aiming to make airborne, urban ride-hailing services an everyday thing, and it’s planning on achieving this very soon. As well as developing its own consumer-facing service, the company is also hoping to sell to third-party operators, from airlines to current ride-hailing leaders Uber and Lyft. However, there’s still a lot of work to do before Overair becomes the airborne ride-hailing service it’s aiming to be.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Medical – Company provides no cost Medical coverage for employee and all dependents
- Dental & Vision – Company pays for 80% of Dental and Vision coverage for employee and 50% for each dependent
- Company-paid Life Insurance Plan
- 12 weeks of supplemental Paid Family Leave
- 401(k) plan – Employee eligible on first day of work, 6% Company-match, no vesting period
- Paid Time Off: Vacation: 4 weeks/year, Holiday: 10 days/year, Sick Time: 48 hours/year
Funding (2 rounds)
Jun 2022
$145m
EARLY VC
Dec 2019
$25m
SERIES A
$170m
Total funding
Leadership
Ben Tigner
(CEO)Served as Director of Advanced Systems Programs, Vice President, then President of Karem Aircraft Inc from 2010-2020. Was previously the Chief Engineer at Boeing Advanced Unmanned Systems.