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- Air Space Intelligence
Air Space Intelligence Valuation, Funding & Investors
Air Space Intelligence is valued at $3B as of October 2026.
Last Air Space Intelligence valuation
$3B
Series C · Oct 2026
Last Air Space Intelligence funding round
$325M
Series C · Oct 2026
Cumulative funding Air Space Intelligence raised
$359M
across 2 funding rounds
Key investors in Air Space Intelligence
Andreessen Horowitz
Spark Capital
Craft Ventures
Bloomberg Beta
Meritech Capital Partners
Energy Impact Partners
About Air Space Intelligence
Air Space Intelligence is a London-headquartered aerospace software firm delivering airspace management tools to airlines and air navigation service providers. The company supplies AirHub platform for remote tower operations used by NATS in the UK and DFS in Germany. Founded in 2018, it processes radar and ADS-B data for conflict detection across Europe.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$3B (Oct 2026)
Air Space Intelligence Valuation
Air Space Intelligence is currently valued at $3B, based on its Series C in October 2026. Read the announcement ↗
The $325M round was led by Spark Capital, with participation from Andreessen Horowitz, Citadel Securities, Energy Impact Partners, Meritech Capital Partners and Craft Ventures.
Air Space Intelligence's valuation has grown 10x from $300M at its Series B in December 2023 to $3B in October 2026, across 2 priced rounds.
Air Space Intelligence valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2026 | Series C | $3B |
| Dec 2023 | Series B | $300M |
Air Space Intelligence Funding History
Air Space Intelligence has raised a total of $359M across 2 funding rounds.
Air Space Intelligence's first fundraising round was a $34M Series B in December 2023. The most recent completed round was a $325M Series C in October 2026.
Air Space Intelligence funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2026 | Series C | Spark Capital (lead); Andreessen Horowitz; Citadel Securities; Energy Impact Partners; Meritech Capital Partners; Craft Ventures | $325M | $3B | ASI, formerly Air Space Intelligence, announced on 20 October 2026 a USD 325 million Series C financing round valuing the company at USD 3 billion. Spark Capital led the round, with major participation from affiliates of Citadel Securities, Meritech Capital, Craft Ventures, Energy Impact Partners and Andreessen Horowitz. Andreessen Horowitz and Spark Capital were already investors from the USD 34 million Series B of December 2023. The company describes itself as a frontier AI company orchestrating critical infrastructure and national security. It said the Department of Transportation and Federal Aviation Administration awarded it an USD 875 million program of record to modernize the National Airspace System, and the Army awarded it a USD 99 million contract to scale its technology across command and control efforts. Its systems also orchestrate operations for airlines including Delta Air Lines, Alaska Airlines and United Airlines, and the company is expanding into power networks. ASI is headquartered in Boston. |
| Dec 2023 | Series B | Friends & Family Capital; Spark Capital; Bloomberg Beta; Andreessen Horowitz; Renegade Partners | $34M | $300M | Air Space Intelligence (ASI) is a Boston-based software-first aerospace company developing AI-powered platforms like Flyways to monitor, predict, and optimize air operations for commercial airlines and government agencies, addressing inefficiencies in the National Airspace System (NAS). The company partners with major U.S. carriers such as Alaska Airlines, with whom it signed an eight-figure multiyear deal, and has achieved profitability in its commercial segment. ASI differentiates itself by rapidly deploying mission-critical software amid faltering legacy systems. On December 7, 2023, ASI closed a $34 million Series B funding round led by Andreessen Horowitz (a16z), with participation from existing investors Bloomberg Beta, Renegade Partners, and Spark Capital—the round was completed in under three weeks. The post-money valuation reached approximately $300 million. Proceeds aim to fuel growth, innovation, and expansion in the government sector, including new operations in Washington, DC, to proximity to DoD stakeholders and scale engineering teams. ASI has gained traction with the U.S. Air Force, securing two contracts totaling $2.7 million that fall and qualifying for a third potentially worth up to $900 million. The company seeks to build its government business to match or exceed its commercial scale, leveraging dual-use technology attractive to investors like a16z's American Dynamism practice. CEO Phillip Buckendorf emphasized accelerating advancements in air operations for airlines and allied forces. |
Who has invested in Air Space Intelligence?
9 investors have backed Air Space Intelligence across its funding rounds, including Andreessen Horowitz, Spark Capital, Craft Ventures, Bloomberg Beta, Meritech Capital Partners and Energy Impact Partners.
Lead investors include Spark Capital.
Air Space Intelligence Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Dec 2023 | ||
| 2 | Participant | Dec 2023 | ||
| 1 | Participant | Dec 2023 | ||
| 1 | Participant | Dec 2023 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Participant | Oct 2026 | ||
| 1 | Participant | Dec 2023 | ||
This data is available for Pro users. Sign up to see all 9 Air Space Intelligence investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAir Space Intelligence Competitors
Air Space Intelligence competitors include listed companies like Delhivery and EquipmentShare.com, and private ones like Stord, Motive, Uber Freight and Kpler.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $147M | - | $3B | 20.4x | ||
| Publicly listed | $1.1B | $81M | $3B | 2.2x | ||
| Private | $501M | - | $3.1B | 6.1x | ||
| Private | $2.1B | - | $3.3B | 15.6x | ||
| Private | $300M | - | $3.7B | 12.3x | ||
| Publicly listed | $4.4B | $704M | $4.4B | 1.6x |
Air Space Intelligence Public Comps
Air Space Intelligence is still privately-owned, but its public comps include Delhivery, AviChina Industry & Technology, Addsino Co., Guizhou Space Appliance, Theon, AECC Aero-Engine Controls, TravelSky, Astronics, Jiangxi Hongdu Aviation and V2X.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.1B | $81M | 2.5x | 2.2x | 34.3x | 31.9x | |||
| $13B | $909M | 0.8x | 0.7x | 12.5x | 8.7x | |||
| $376M | ($168M) | 8.0x | - | (17.9x) | - | |||
| $874M | $80M | 3.8x | 3.4x | 41.2x | 42.6x | |||
| $496M | $130M | 5.8x | 4.5x | 22.2x | 16.7x | |||
| $777M | $151M | 4.0x | 3.9x | 20.6x | - | |||
| $1.3B | $522M | 1.0x | 1.0x | 2.6x | 2.6x | |||
| $862M | $66M | 3.4x | 2.9x | 43.6x | 15.4x | |||
This data is available for Pro users. Sign up to see all Air Space Intelligence competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Air Space Intelligence
| When was Air Space Intelligence founded? | Air Space Intelligence was founded in 2018. |
| Where is Air Space Intelligence headquartered? | Air Space Intelligence is headquartered in San Francisco, CA, United States. |
| Is Air Space Intelligence publicly listed? | No, Air Space Intelligence is a private, VC-backed company. |
| What is Air Space Intelligence's valuation? | Air Space Intelligence was last valued at $3B in its Series C in October 2026. |
| How much funding has Air Space Intelligence raised? | Air Space Intelligence has raised $359M across 2 funding rounds. |
| What was Air Space Intelligence's last funding round? | Air Space Intelligence's last funding round was a $325M Series C in October 2026, led by Spark Capital. |
| Who are Air Space Intelligence's investors? | Air Space Intelligence's investors include Spark Capital, Andreessen Horowitz, Friends & Family Capital, Bloomberg Beta, Citadel Securities, Energy Impact Partners, Renegade Partners, Meritech Capital Partners and Craft Ventures. |
| Which companies are comparable to Air Space Intelligence? | Companies comparable to Air Space Intelligence include Stord, Delhivery, Motive, Uber Freight, Kpler and EquipmentShare.com. |
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