Tech Company Financing Transactions

Wheels Up Funding Round

On 8/13/2019, Wheels Up raised $128 million in Series D investment from Fidelity Management & Research Company, Franklin Templeton and T. Rowe Price.

Transaction Overview

Company Name
Wheels Up
Announced On
8/13/2019
Transaction Type
Venture Equity
Amount
$128,000,000
Round
Series D
Investors

Fidelity Management & Research Company (Lead Investor)

Franklin Templeton (Lead Investor)

T. Rowe Price (Lead Investor)

Proceeds Purpose
This latest round of financing will fund a number of business initiatives, including additional potential acquisitions, the acceleration of membership growth through further investment in sales and marketing, and significant scaling of the Company's technology and digital platforms.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
220 West 42nd St. 9th Floor
New York, NY 10036
USA
Phone
Undisclosed
Website
www.wheelsup.com
Email Address
[email protected]
Overview
We created Wheels Up because we knew we could deliver a cost-effective, best in class experience to private fliers. We knew this because we have one of the most experienced teams in private aviation.
Profile
Wheels Up LinkedIn Company Profile
Social Media
Wheels Up Company Twitter Account
Company News
Wheels Up News
Facebook
Wheels Up on Facebook
YouTube
Wheels Up on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kenny Dichter
  Kenny Dichter LinkedIn Profile  Kenny Dichter Twitter Account  Kenny Dichter News  Kenny Dichter on Facebook
Chief Financial Officer
Eric Jacobs
  Eric Jacobs LinkedIn Profile  Eric Jacobs Twitter Account  Eric Jacobs News  Eric Jacobs on Facebook
Chief Operating Officer
Jason Horowitz
  Jason Horowitz LinkedIn Profile  Jason Horowitz Twitter Account  Jason Horowitz News  Jason Horowitz on Facebook

 

 

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