Companies · Other Technology

Flapping Airplanes, Inc.New on the radar

SAN FRANCISCO · Other Technology

Diligence memoA one-page analyst read on Flapping Airplanes, Inc. — recommendation, valuation, rhythm, risks.
$180.2M
Total raised · real
1
Rounds
Latest step-up
Top 3%
Sector rank · raised
Series D+
Latest stage · inferred · Fri Jan 16 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Flapping Airplanes, Inc. looks fair against its niche peers and is active on financing cadence.

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

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

Fair
  • Modeled value is 1.35× the median modeled value of Series D+ Other Technology companies in 2025–2027 (60 peers) — value vs value, same stage and era.
  • Within the normal band (135% of peer median) for its niche.
Active
  • Last raise 5 mo ago; this sector typically re-raises about every 13 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Other Technology

Flapping Airplanes, Inc. is one of 21292 Other Technology companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest 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
79
Investors (latest)
2025
Year incorporated
2026-01-16
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$2.0BSeries D+ · 2026-01-16 Raised $180M (real) Modeled valuation $1.4B (est)$180M$1.4BSeries D+2026

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
Series D+$180.2M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$1.4B
Base estimate est.
$1.0B
Conservative case
$1.6B
Upside case
$1.5B
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 technology sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
0.5 yr
Elapsed time used
0.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.5 yr
On record since
2026
First round
New
First-time filer
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 57× above median
This company$180.2M
Sector median$3.2M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.6× above median
This company$180.2M
Sector median$115.0M
Modeled value — vs sector median (estimate, all stages) 38× above median
This company$1.4B
Sector median$37.3M

Raised more than 98% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #19 of 60.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0B$10.0BCapital raised (log)ServiceNow, Inc. · Series D+ Raised $459.3M · modeled $3.6B (est)Castelion Corp · Series D+ Raised $434.0M · modeled $3.1B (est)Cryptyde, Inc. · Series D+ Raised $350.9M · modeled $2.3B (est)Niantic Spatial, Inc. · Series D+ Raised $248.0M · modeled $2.3B (est)Robin Motor Ltd · Series D+ Raised $250.0M · modeled $2.2B (est)D-Wave Quantum Inc. · Series D+ Raised $275.0M · modeled $2.1B (est)Bending Spoons S.p.A. · Series D+ Raised $323.0M · modeled $2.0B (est)Signify Holdings, Inc. · Series D+ Raised $307.5M · modeled $2.0B (est)American Bitcoin Corp. · Series D+ Raised $220.1M · modeled $2.0B (est)Omatwt, Llc · Series D+ Raised $200.0M · modeled $2.0B (est)Covenantz Inc. · Series D+ Raised $400.0M · modeled $1.9B (est)Raintank Inc. · Series D+ Raised $913.7M · modeled $1.9B (est)Flapping Airplanes, Inc. (this company) Raised $180.2M · modeled $1.4B (est)Flapping Airplanes, Inc.
CompanyStageRaised · realValue · estvs peer med.
ServiceNow, Inc.Series D+$459.3M$3.6B3.41×
Castelion CorpSeries D+$434.0M$3.1B3.01×
Cryptyde, Inc.Series D+$350.9M$2.3B2.21×
Niantic Spatial, Inc.Series D+$248.0M$2.3B2.18×
Robin Motor LtdSeries D+$250.0M$2.2B2.11×
D-Wave Quantum Inc.Series D+$275.0M$2.1B2.05×
Bending Spoons S.p.A.Series D+$323.0M$2.0B1.92×
Signify Holdings, Inc.Series D+$307.5M$2.0B1.91×
American Bitcoin Corp.Series D+$220.1M$2.0B1.90×
Omatwt, LlcSeries D+$200.0M$2.0B1.89×
Covenantz Inc.Series D+$400.0M$1.9B1.86×
Raintank Inc.Series D+$913.7M$1.9B1.82×
Flapping Airplanes, Inc. this companySeries D+$180.2M$1.4B1.35×
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.
Series D+$180.2M2026-01-16$1.5B$1.4B90%
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. Series D+$180.2M2026-01-16
    • First recorded raise — entered as Series D+.
    • 79 investors on this round.
Intelligence
Modeled next raise
$288.3M
Modeled next size est.range $187.4M$461.3M
Last step-up
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
ASHER SPECTOR2026-01
BENJAMIN SPECTOR2026-01
Registry & provenance

Flapping Airplanes, 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
2109371
SEC CIK
2025
Incorporated
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
Eridu CorpOther TechnologySeries D+$187.5M$1.4Bsame sector · same stage
Armadin, Inc.Other TechnologySeries D+$189.2M$1.3Bsame sector · same stage
Tools for Humanity CorpOther TechnologySeries D+$193.6M$1.8Bsame sector · same stage
7AI, Inc.Other TechnologySeries D+$166.7M$1.1Bsame sector · same stage
Tactivos, Inc.Other TechnologySeries D+$197.2M$1.3Bsame sector · same stage
SevOne IncOther TechnologySeries D+$199.1M$1.5Bsame sector · same stage
Swimlane, Inc.Other TechnologySeries D+$205.0M$1.3Bsame sector · same stage
Grey Orange International Inc.Other TechnologySeries D+$151.7M$1.4Bsame sector · same stage
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
Flight Science, Inc.Other TechnologySeries A$16.8M90%
Control Plane CorpOther TechnologySeries A$33.8M87%
flytedesk inc.Other TechnologySeed$27.5M86%
Aerobotics7, Inc.Other TechnologySeed$3.5M86%
Aeroblox Inc.Other TechnologyPre-Seed$429K86%
Fly with Breeze Inc.Other TechnologySeed$17.0M85%
Airbatch IncOther TechnologyPre-Seed$1.5M85%
Aeronics, Inc.Other TechnologySeed$22.3M85%
Frequently asked
How much funding has Flapping Airplanes, Inc. raised?
Flapping Airplanes, Inc. has raised approximately $180.2M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Flapping Airplanes, Inc.'s estimated valuation?
Provath's modeled valuation for Flapping Airplanes, Inc. is approximately $1.4B (modeled range $1.0B–$1.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Flapping Airplanes, Inc. at?
Flapping Airplanes, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Fri Jan 16.
What does Flapping Airplanes, Inc. do and where is it based?
Flapping Airplanes, Inc. operates in the Other Technology sector, based in SAN FRANCISCO.
Explore related

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