Skytran Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 17

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $53M

  • Investors
  • 8

Skytran General Information

Description

Developer of magnetic levitation and propulsion technologies designed to offer high-speed rapid-transit systems for people and cargo. The company's technologies permit vehicles to run on magnetic levitation and use personal transit architecture, enabling commuters to access jet-like vehicles that emit zero greenhouse gases and increase transportation efficiency.

Contact Information

Website
www.skytran.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Primary Industry
Other Transportation
Other Industries
Rail
Parent Company
Reliance Strategic Business Ventures
Corporate Office
  • 15602 Container Lane
  • Huntington Beach, CA 92649
  • United States

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Skytran Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC (Series C) 27-Oct-2022 $53M 00000 00000 Completed Generating Revenue
3. Later Stage VC (Series B) 28-Feb-2021 000.00 000.00 00000 Completed Generating Revenue
2. Later Stage VC (Series AA) 01-Feb-2019 $13.3M $15.8M 000.00 Completed Generating Revenue
1. Later Stage VC (Series A) 25-Sep-2015 $2.5M $2.5M 0000 Completed Generating Revenue
To view Skytran’s complete valuation and funding history, request access »

Skytran Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series B 00,000,000 00.000000 00.0 00.00 00.00 00 00.00 00.000
Series AAA 0,000,000 00.000000 00.00 00.0 00.0 00 00.0 0.000
Series AA 12,847,013 $0.001000 $0.08 $1.05 $1.05 1x $1.05 7.35%
Series A 932,558 $0.001000 $0.21 $2.68 $2.68 1x $2.68 0.53%
To view Skytran’s complete cap table history, request access »

Skytran Executive Team (10)

Name Title Board Seat Contact Info
Clark Foster Mechanical Design Engineer
Robert Baertsch Ph.D Co-Founder & Vice President
Douglas Malewicki Co-Founder
William Ferguson Jr. Vice President of Business Development
You’re viewing 4 of 10 executive team members. Get the full list »

Skytran Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Skytran FAQs

  • When was Skytran founded?

    Skytran was founded in 2009.

  • Who is the founder of Skytran?

    John Cole, Robert Baertsch Ph.D, Ankur Bhatnagar, Douglas Malewicki, and John Wamble are the founders of Skytran.

  • Where is Skytran headquartered?

    Skytran is headquartered in Huntington Beach, CA.

  • What is the size of Skytran?

    Skytran has 17 total employees.

  • What industry is Skytran in?

    Skytran’s primary industry is Other Transportation.

  • Is Skytran a private or public company?

    Skytran is a Private company.

  • What is the current valuation of Skytran?

    The current valuation of Skytran is 00000.

  • What is Skytran’s current revenue?

    The current revenue for Skytran is 00000.

  • How much funding has Skytran raised over time?

    Skytran has raised $126M.

  • When was Skytran acquired?

    Skytran was acquired on 27-Oct-2022.

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