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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
sub industryMobilitysub industryVehicle Productionbusiness modelManufacturingsectorSustainable Development GoalssectorVertical Takeoff and LandingsectorClimate TechsectorElectric MobilitysectorEV ManufacturingsectorHard TechsectorDT and LSsectorscience-basedindustryTransportationclient focusb2btechnologyDeep Tech

Valuation & funding

Overair funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Jun 2022 $145M $580M Hanwha Aerospace · Hanwha Systems
SERIES AOther financing Dec 2019 $25M $100M Hanwha Systems
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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.

Latest monthly visits1.4K 3-month web change-12.5% 1-year team growth-9.1%
Monthly website visits50 observations · Nov 2020–Feb 2026
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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.

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Talent graph

Overair's talent

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Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

2 investors on Overair's cap table

Sourced from Dealroom's funding and investor records.

Series A 2 investors entered at this stage
Hanwha Systems
Hanwha Aerospace

Global footprint

Where Overair has talent and traffic

Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

In the news

Latest news about Overair

Recent press, funding announcements, and product moves mentioning Overair — open to read from the original sources.

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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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