Companies · Airlines and Airports

Breeze Aviation Group, Inc.

COTTONWOOD HEIGHTS · Airlines and Airports

Diligence memoA one-page analyst read on Breeze Aviation Group, Inc. — recommendation, valuation, rhythm, risks.
$305.8M
Total raised · real
4
Rounds
0.1×
Latest step-up
Top 5%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Jan 03 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Breeze Aviation Group, Inc. has raised $306M over 4 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the airlines sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

At-risk
  • Last raise 2.5 yr ago; this sector typically re-raises about every 9 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Airlines and Airports

Breeze Aviation Group, Inc. is one of 76 Airlines and Airports companies tracked from COTTONWOOD HEIGHTS. By capital raised it ranks among the largest (ahead of 96% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2024-01-03
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeed · 2020-04-08 Raised $4.0M (real) Modeled valuation $25M (est)$4.0M$25MSeed2020Series C · 2020-08-28 Raised $83M (real) Modeled valuation $482M (est)$83M$482MSeries C2020Series D+ · 2021-07-30 Raised $199M (real) Modeled valuation $1.2B (est)$199M$1.2BSeries D+2021Series D+ · 2024-01-03 Raised $20M (real) Modeled valuation $123M (est)$20M$123MSeries D+2024+$83M+$199M+$20MCumulative $306M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$4.0M · 2020
Series C$83.3M · 2020no Series A / Series B on file
Series D+$198.5M · 2021
Series D+ extension$20.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$123.1M
Base estimate est.
$102.0M
Conservative case
$180.8M
Upside case
$166.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the airlines sector profile. Directional, not a quoted figure.

Seed · modeled $25.2M · 2020-04-082020Series C · modeled $481.9M · 2020-08-28Series D+ · modeled $1.2B · 2021-07-30Series D+ · modeled $123.1M · 2024-01-032024
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
77%
Survival probability
61% low · 85% high
0.99×/yr
Annual markup
1.10×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
airlines
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$81.8M/yr
Capital velocity
6.2 yr
On record since
2020
First round
4
Rounds on file
How it compares to the market

Benchmarked against 76 companies in Airlines and Airports. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 70× above median
This company$305.8M
Sector median$4.4M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.1× of median
This company$20.0M
Sector median$198.5M
Modeled value — vs sector median (estimate, all stages) 9.8× above median
This company$123.1M
Sector median$12.6M

Raised more than 96% of sector peers (real $). Modeled value above 87% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$4.0M2020-04-08$20.0M$25.2M90%
Series C$83.3M2020-08-28$555.3M$481.9M90%
Series D+$198.5M2021-07-30$1.7B$1.2B90%
Series D+$20.0M2024-01-03$166.7M$123.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$4.0M2020-04-08
    • First recorded raise — entered as Seed.
    • 11 investors on this round.
  2. Series C$83.3M2020-08-28
    • Came back fast: 5 mo vs the ~9 mo sector norm.
    • Round 20.8× larger than the prior — scaling up.
    • 77 investors on this round.
  3. Series D+$198.5M2021-07-30
    • Raised 11 mo later, in step with the ~9 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 39 investors on this round.
  4. Series D+$20.0M2024-01-03
    • Raised again after 29 mo — slower than the ~9 mo sector norm.
    • Round 9.9× smaller than the prior — bridge or down round.
    • 5 investors on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~15mo cadence
$20.0M
Modeled next size est.range $20.0M$32.0M
0.1×
Last step-up
$81.8M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
David G. Neeleman1 other2020-04
Amy G. Curtis-McIntyre2024-01
Clint G. Peterson2021-07
Henri G. Courpron2020-04
John G. Rodgerson2021-07
Lukas G. Johnson2024-01
Michael G. Lazarus2020-04
Mike G. Wuerger2024-01
Robert G. Milton2020-04
Shani G. Fisher2024-01
Tom G. Doxey2024-01
Trent G. Porter2020-04
Trey G. Urbahn2020-04
Registry & provenance

Breeze Aviation Group, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1810044
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Avatar Airlines, IncAirlines and AirportsSeries D+$300.0M$1.9Bsame sector · same stage
Alliance Aircraft Holding CoAirlines and AirportsSeries D+$321.0M$2.0Bsame sector · same stage
Landmark Fbo Holdings, LlcAirlines and AirportsSeries D+$242.2M$1.4Bsame sector · same stage
JetSuiteX, Inc.Airlines and AirportsSeries B$27.7M$130.6Mnetwork1 shared operator · same sector
Avelo, Inc.Airlines and AirportsSeries C$114.2M$40.3Msame sector
Republic Airways Holdings Inc.Airlines and AirportsGrowth/Late$829.9M$6.5Bsame sector
Surf Air Mobility Inc.Airlines and AirportsSeries C$83.7M$401.0Msame sector
Netjets IncAirlines and AirportsGrowth/Late$1.4B$8.4Bsame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Fly with Breeze Inc.Other TechnologySeed$17.0M85%
Aerodrome Development CorpAirlines and AirportsSeries A$25.7M85%
Emerald Corporate Jets, Inc.Airlines and AirportsPre-Seed$1.6M85%
Flewber Global Inc.Airlines and AirportsSeed$823K84%
Bond Aviation Holdings, LLCAirlines and AirportsSeries C$294.1M84%
Solairus Ultimate Holdings, LlcAirlines and AirportsSeries B$158.1M83%
Baltia Air Lines IncAirlines and AirportsSeries A$1.8M83%
TIM Aviation VIII, LLCAirlines and AirportsSeries A$40.3M82%
Frequently asked
How much funding has Breeze Aviation Group, Inc. raised?
Breeze Aviation Group, Inc. has raised approximately $305.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Breeze Aviation Group, Inc.'s estimated valuation?
Provath's modeled valuation for Breeze Aviation Group, Inc. is approximately $123.1M (modeled range $102.0M–$180.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Breeze Aviation Group, Inc. at?
Breeze Aviation Group, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Jan 03.
What does Breeze Aviation Group, Inc. do and where is it based?
Breeze Aviation Group, Inc. operates in the Airlines and Airports sector, based in COTTONWOOD HEIGHTS.
Explore related

See where Breeze Aviation Group, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Breeze Aviation Group, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.