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- Regent
Regent Revenue, Valuation, Funding & Investors
Regent is valued at $120M as of October 2023, a 24.0x multiple on its last reported $5M revenue.
Last Regent valuation
$120M
Series A · Oct 2023
Last Regent funding round
$240M
Series B · Aug 2026
Regent revenue
$5M
Series A · Oct 2023
Key investors in Regent
Founders Fund
Caffeinated Capital
Y Combinator
Liquid 2 Ventures
Graph Ventures
JAM Fund
About Regent
Regent is a Rhode Island-based developer of electric seagliders for coastal mobility. The company builds wing-in-ground-effect vehicles reaching 180 mph over water surfaces, designed for 12-20 passengers on routes between cities like New York and Nantucket. Regent's Certifiable Seaglider targets FAA certification by 2025 for emission-free regional transport.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Revenue
$5M (Oct 2023)
Valuation
$120M (Oct 2023)
Regent Valuation
Regent is currently valued at $120M, based on its Series A in October 2023.
The $60M round was led by 8090 Industries, Founders Fund and NEOM Investment Fund.
Regent valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Oct 2023 | Series A | $120M | 24.0x |
Regent Revenue
Regent's latest recorded revenue is $5M, as of its Series A in October 2023. At a $120M valuation, that implies a 24.0x revenue multiple.
Regent revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2023 | $5M | $120M | 24.0x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Regent Funding History
Regent has raised a total of $327M across 4 funding rounds.
Regent's first fundraising round was a $9M seed round in April 2021. The most recent completed round was a $240M Series B in August 2026.
Regent funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2026 | Series B | AE Industrial Partners (lead); Mare Liberum (lead); Giant Step Capital; Founders Fund; DCVC; Japan Airlines; Caffeinated Capital; Lockheed Martin Ventures | $240M | - | REGENT secured a $240 million Series B financing in August 2026 to scale manufacturing of its Seaglider vehicles and advance maritime mobility. The round brought total capital raised by the company to $340 million across equity and debt, and included AE Ventures as a co-lead investor alongside Mare Liberum. The financing was split evenly between equity and debt, with debt provided in part by Erebor Bank. The capital was also intended to support certification work and the ramp-up of production at REGENT’s newly completed 255,000-square-foot Rhode Island facility, ahead of first flight milestones for the full-scale Viceroy Seaglider. REGENT develops electric seagliders designed for maritime transport. The company was moving from development toward production and certification, with a focus on manufacturing scale-up amid growing defense-related interest in the platform and continued support from prior investors. Operations were centered on transitioning the Rhode Island facility into production. |
| Oct 2023 | Series A | 8090 Industries (lead); Founders Fund (lead); NEOM Investment Fund (lead) | $60M | $120M | REGENT Craft is a Rhode Island-based manufacturer of all-electric seagliders, founded in 2020 by MIT engineers, developing faster, cheaper, and cleaner solutions for regional mobility using wing-in-ground effect technology to revolutionize sustainable transportation. The company closed a $60 million Series A funding round on October 5, 2023, co-led by 8090 Industries and Founders Fund, with participation from NEOM Investment Fund (noted as the largest single contributor), Lockheed Martin, Japan Airlines Innovation Fund, Yamato Holdings, Point72 Ventures, Caffeinated Capital, Mark Cuban, UAE’s Strategic Development Fund, Future Planet Capital, and others, bringing total funding to $90 million. The proceeds fund a full-scale prototype build and test program, scaling global footprint, and advancing certification as the first advanced air mobility manufacturer to market, supported by investors focused on sustainability, aerospace, and defense. NEOM's investment includes a multi-year partnership for seaglider operations, establishing a regional R&D and training hub in Saudi Arabia aligned with Vision 2030 for zero-carbon mobility. Investors like 8090 Industries highlight REGENT's category-defining technology at the intersection of their sustainability and aerospace pillars, while Founders Fund views it as a once-in-a-generation company to transform transportation and bolster U.S. industrial base. Subsequent rounds include Series A - II in March 2024 and Series A - III in June 2024, with total raised reaching $87.13 million across 10 rounds by mid-2024. |
| Feb 2022 | Undisclosed stage | JAM Fund (lead); Thiel Capital (lead); Dennis Muilenburg; New Vista Capital; Mesa Air Group; FMS Capital; Olive Tree Capital; Toba Capital | $18M | - | - |
| Apr 2021 | Seed | Kohala Ventures; Transmedia Capital; Y Combinator; Liquid 2 Ventures; Graph Ventures; VU Venture Partners; Mark Cuban; Sebastien de Halleux; Founders Fund; Asymmetry Ventures; Caffeinated Capital; Pioneer Fund | $9M | - | - |
Who has invested in Regent?
28 investors have backed Regent across its funding rounds, including Founders Fund, Caffeinated Capital, Y Combinator, Liquid 2 Ventures, Graph Ventures and JAM Fund.
Lead investors include AE Industrial Partners, Mare Liberum, 8090 Industries, Founders Fund, NEOM Investment Fund and 2 other investors.
Regent Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Apr 2021 | ||
| 2 | Participant | Apr 2021 | ||
| 1 | Lead | Feb 2022 | ||
| 1 | Lead | Aug 2026 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Lead | Aug 2026 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
This data is available for Pro users. Sign up to see all 28 Regent investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialRegent Competitors
Regent competitors include listed companies like MIC Electronics and Vertical Aerospace, and private ones like City Transformer, AutoX, Riversimple and NEXT Future Transportation.
| Company | HQ | Status | Revenue | EBITDA | Valuation |
|---|---|---|---|---|---|
| Private | - | - | $110M | ||
| Private | - | - | $132M | ||
| Private | - | - | $98M | ||
| Private | - | - | $91M | ||
| Publicly listed | $17M | $3M | $105M | ||
| Publicly listed | - | ($140M) | $102M |
Regent Public Comps
Regent is still privately-owned, but its public comps include WLM, Minieye Technology, Saean Group, Kudan, MIC Electronics, Vertical Aerospace, Xtract One Technologies, Innoviz, Safe Pro Group and Digital Currency X.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $586M | $38M | 0.3x | - | 5.2x | - | |||
| $113M | ($57M) | 0.5x | 0.3x | (0.9x) | (1.4x) | |||
| - | - | - | - | - | - | |||
| $8M | ($1M) | 12.1x | 13.3x | (79.7x) | - | |||
| $17M | $3M | 6.3x | - | 41.7x | - | |||
| - | ($140M) | - | - | (1.2x) | (1.0x) | |||
| $10M | ($7M) | 9.1x | 4.0x | (12.9x) | (52.9x) | |||
| $55M | ($62M) | 1.5x | 1.3x | (1.3x) | (1.3x) | |||
This data is available for Pro users. Sign up to see all Regent competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Regent
| When was Regent founded? | Regent was founded in 2020. |
| Where is Regent headquartered? | Regent is headquartered in Providence, RI, United States. |
| Is Regent publicly listed? | No, Regent is a private, VC-backed company. |
| What is Regent's valuation? | Regent was last valued at $120M in its Series A in October 2023. |
| How much funding has Regent raised? | Regent has raised $327M across 4 funding rounds. |
| What was Regent's last funding round? | Regent's last funding round was a $240M Series B in August 2026, led by AE Industrial Partners and Mare Liberum. |
| Who are Regent's investors? | Regent's investors include Founders Fund, Caffeinated Capital, JAM Fund, AE Industrial Partners, Kohala Ventures, Dennis Muilenburg, Transmedia Capital, Mare Liberum, New Vista Capital, Mesa Air Group and 18 others. |
| What is Regent's revenue? | Regent's latest recorded revenue is $5M (October 2023). |
| What is Regent's revenue multiple? | Regent's latest valuation implies a 24.0x revenue multiple ($120M valuation on $5M of revenue). |
| Which companies are comparable to Regent? | Companies comparable to Regent include City Transformer, AutoX, Riversimple, NEXT Future Transportation, MIC Electronics and Vertical Aerospace. |
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