Skytran Overview

  • Founded
  • 2009
  • Status
  • Acquired/​Merged
  • Employees
  • 14
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $26.8M
Latest Deal Amount
  • Investors
  • 1

Skytran General Information


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

Ownership Status
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Other Industries
Other Transportation
Parent Company
Reliance Industrial Investments and Holdings Ltd
Primary Office
  • 12 Chrysler
  • Irvine, CA 92618
  • United States
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Skytran Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 28-Feb-2021 $26.8M 000.00 000.00 Completed Generating Revenue
4. Later Stage VC (Series B) 26-Apr-2016 0000 000.00 Completed Generating Revenue
3. Later Stage VC 23-Oct-2018 00.00 000.00 0000 Completed Generating Revenue
2. Later Stage VC 07-Dec-2017 $6.54M $9M 0000 Completed Generating Revenue
1. Later Stage VC 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
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series AA 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A 000,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
To view Skytran’s complete cap table history, request access »

Skytran Executive Team (10)

Name Title Board Seat Contact Info
John Cole Co-Founder and Co-Chief Executive Officer
Reid Westwood Co-Chief Executive Officer
Douglas Malewicki Co-Founder & Chief Visionary
Marco Booth Executive
Clark Foster Co-Founder and Vice President, Mechanical Engineering
You’re viewing 5 of 10 executive team members. Get the full list »

Skytran Signals

Growth Rate

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

Size Multiple

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

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Skytran Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Adam Neumann Angel (individual) Minority 000 0000 000000 0
Draper Associates Venture Capital Minority 000 0000 000000 0
Eric Schmidt Angel (individual) Minority 000 0000 000000 0
Innovation Endeavors Venture Capital Minority 000 0000 000000 0
To view Skytran’s complete investors history, request access »