O
Overair
Transportation · Santa Ana, United States · Founded 2019
Designs, develops, and manufactures electric vertical takeoff and landing (eVTOL) aircraft for air taxi and aerial mobility operations MoreLess
Overair is a startup that operates in the emerging electric vertical take-off and landing (eVTOL) market. The company is focused on developing a tiltrotor eVTOL, named Butterfly, which is designed to provide safe, quiet, fast, and affordable on-demand transportation. The Butterfly is built to carry a pilot, five passengers, and their luggage, making it a viable option for both personal and business travel.
Overair's business model is centered around the on-demand transportation market. The company aims to revolutionize the way people travel by offering a more efficient and environmentally friendly alternative to traditional modes of transportation. The Butterfly is powered by a fully electric powertrain, which means it produces zero emissions. This aligns with the growing trend towards sustainable and green transportation solutions.
The company's patented technology, developed over 15 years, has the potential to disrupt the traditional aviation industry. The Butterfly's unique features include 20+ ft propellers that are twice as large as any other eVTOLs, 200% excess power margins, and the ability to hover with only two of four propellers. These features, combined with the quad-redundant architecture on key systems, make the Butterfly a highly efficient and safe mode of transportation.
Overair's revenue model is likely to be based on a pay-per-ride basis, similar to other on-demand transportation services. However, the company has not yet disclosed specific details about its pricing strategy.
In summary, Overair is a promising startup that is poised to transform the on-demand transportation market with its innovative eVTOL technology.
Keywords: eVTOL, On-demand Transportation, Electric Powertrain, Zero Emissions, Tiltrotor, Patented Technology, Sustainable, Green Transportation, Innovation, Aviation Industry.
Company overview
Overair company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2019
- Headquarters
- Santa Ana, United States
- Employees
- 30
- Open positions
- None listed
- Dealroom signal
- 31.7
Valuation & funding
Overair funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Jun 2022 | $145M | $580M | Hanwha Aerospace · Hanwha Systems | ↗ |
| SERIES AOther financing | Dec 2019 | $25M | $100M | Hanwha Systems | — |
Growth signals
Overair website traffic
Latest recorded traffic for Overair is 1.4K monthly website visits, down 12.5% over the last three months. Overair's team declined 9.1% over the past year.
Comparisons
Overair compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
Eve Air MobilityEmbraerX's first spin-off, an electric vertical aircraft enabling sustainable urban air mobility |
Fort Lauderdale, United States | Operational | 210 | $393M | $702M |
ZuriHybrid VTOL aircraft for regional air mobility |
Prague, Czechia | Operational | |||
VoltaeroA unique aircraft with parallel electric-hybrid propulsion |
Médis, France | Acquired | |||
SkyDriveElectric vertical takeoff and landing aircraft developer |
Toyota, Japan | Operational | |||
AutoFlightDeveloping electric autonomous aircraft |
Augsburg, Germany | Operational | |||
Jaunt Air MobilityDeveloping the most advanced, versatile, and eco-friendly eVTOL, electric Vertical Take-off and Landing, aircraft |
Glassboro, United States | Operational | |||
Autonomous FlightElectric vertical takeoff and landing (eVTOL) aircraft |
Hildenborough, United Kingdom | Operational | |||
LYTE AviationHybrid-electric VTOL aircraft for mass passenger transit |
London, United Kingdom | Operational |
Talent graph
Overair's talent
Source: Dealroom Talent Intelligence.
Investors
2 investors on Overair's cap table
Sourced from Dealroom's funding and investor records.


Global footprint
Where Overair has talent and traffic
team presence
In the news
Latest news about Overair
Recent press, funding announcements, and product moves mentioning Overair — open to read from the original sources.
Market sentiment
What the market is saying about Overair
An AI-synthesized read of the highest-engagement posts about Overair on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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