Terrafugia Overview

  • Year Founded
  • 2006

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 70

Employees

  • Latest Deal Type
  • M&A

Terrafugia General Information

Description

Manufacturer of a prototype practical flying car designed to catalyze a revolution in personal mobility. The company's prototype practical flying car TF-X is a combination of a car and an airplane and is an all-electric vehicle with vertical takeoff and landing (VTOL) capabilities with computer-controlled flight, enabling individuals to experience the convenience of driving and the speed of flight in an all-in-one vehicle with autonomous technologies.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 23 Rainin Road
  • Woburn, MA 01801
  • United States
Primary Industry
Air
Other Industries
Automotive
Vertical(s)
Manufacturing, Industrials
Corporate Office
  • 23 Rainin Road
  • Woburn, MA 01801
  • United States

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Terrafugia Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 05-Jul-2017 Completed Generating Revenue
6. Later Stage VC (Series D) 24-May-2012 Completed Generating Revenue
5. Early Stage VC 23-Dec-2010 Completed Startup
4. Early Stage VC (Series B) 18-May-2010 Completed Startup
3. Early Stage VC (Series A) 11-Nov-2008 Completed Startup
2. Debt - General 04-Jan-2007 $260K $290K Completed Startup
1. Seed Round 01-May-2006 $30K $30K Completed Startup
To view Terrafugia’s complete valuation and funding history, request access »

Terrafugia Patents

Terrafugia Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20190047342-A1 Vertical takeoff and landing transportation system Inactive 08-Aug-2017
US-11067164-B2 Electronic gear shifter assembly for a dual-mode flying and driving vehicle Active 15-Apr-2016
US-20170299049-A1 Electronic gear shifter assembly for a dual-mode flying and driving vehicle Active 15-Apr-2016
EP-3442815-A1 Electronic gear shifter assembly for a dual-mode flying and driving vehicle Inactive 15-Apr-2016
US-10518595-B2 Combined flying/driving vehicle with vertical takeoff and fixed-wing cruise capabilities Inactive 15-Mar-2013 B60F5/02
To view Terrafugia’s complete patent history, request access »

Terrafugia Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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Terrafugia Former Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
Aventura VC Venture Capital Minority
Bantam Group Other Minority
Butch Weaver Angel (individual) Minority
Carbon Arrow Capital Family Office Minority
DeSimone Group Investments Family Office Minority
You’re viewing 5 of 15 investors. Get the full list »

Terrafugia FAQs

  • When was Terrafugia founded?

    Terrafugia was founded in 2006.

  • Where is Terrafugia headquartered?

    Terrafugia is headquartered in Woburn, MA.

  • What is the size of Terrafugia?

    Terrafugia has 70 total employees.

  • What industry is Terrafugia in?

    Terrafugia’s primary industry is Air.

  • Is Terrafugia a private or public company?

    Terrafugia is a Private company.

  • What is Terrafugia’s current revenue?

    The current revenue for Terrafugia is .

  • How much funding has Terrafugia raised over time?

    Terrafugia has raised $5.8M.

  • Who are Terrafugia’s investors?

    Aventura VC, Bantam Group, Butch Weaver, Carbon Arrow Capital, and DeSimone Group Investments are 5 of 15 investors who have invested in Terrafugia.

  • When was Terrafugia acquired?

    Terrafugia was acquired on 05-Jul-2017.

  • Who acquired Terrafugia?

    Terrafugia was acquired by Geely Automobile Holdings.

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