Companies · Airlines and Airports

Midwest Express Airlines, Inc.

Milwaukee · Airlines and Airports

Diligence memoA one-page analyst read on Midwest Express Airlines, Inc. — recommendation, valuation, rhythm, risks.
$1.0M
Total raised · real
1
Rounds
1.0×
Latest step-up
Top 69%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed May 16 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Midwest Express Airlines, Inc. has raised $1.0M over 1 round; 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.

Dormant
  • Last raise 8.1 yr ago; this sector typically re-raises about every 9 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

Midwest Express Airlines, Inc. is one of 76 Airlines and Airports companies tracked from Milwaukee. By capital raised it ranks in the long tail (ahead of 32% of sector peers), and mid-pack 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(c)
Reg D exemption
3
Investors (latest)
2018-05-16
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$2.5M$5.0M$7.5M$10MPre-Seed · 2018-05-16 Raised $1.0M (real) Modeled valuation $7.8M (est)$1.0M$7.8MPre-Seed2018Pre-Seed · 2018-05-16 Raised $750K (real) Modeled valuation $5.9M (est)$750K$5.9MPre-Seed2018Pre-Seed · 2018-05-16 Raised $750K (real) Modeled valuation $5.9M (est)$750K$5.9MPre-Seed2018Pre-Seed · 2018-05-16 Raised $1.0M (real) Modeled valuation $7.8M (est)$1.0M$7.8MPre-Seed2018Pre-Seed · 2018-05-16 Raised $1.0M (real) Modeled valuation $7.8M (est)$1.0M$7.8MPre-Seed2018Pre-Seed · 2018-05-16 Raised $1.0M (real) Modeled valuation $7.8M (est)$1.0M$7.8MPre-Seed2018+$750K+$750K+$1.0M+$1.0M+$1.0MCumulative $5.5M

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
Pre-Seed$1.0M · 2018
Pre-Seed extension$750K · 2018
Pre-Seed extension$750K · 2018
Pre-Seed extension$1.0M · 2018
Pre-Seed extension$1.0M · 2018
Pre-Seed extension$1.0M · 2018

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$7.8M
Base estimate est.
$600K
Conservative case
$89.0M
Upside case
$5.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the airlines sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $7.8M · 2018-05-162018Pre-Seed · modeled $5.9M · 2018-05-16Pre-Seed · modeled $5.9M · 2018-05-16Pre-Seed · modeled $7.8M · 2018-05-16Pre-Seed · modeled $7.8M · 2018-05-16Pre-Seed · modeled $7.8M · 2018-05-162018
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 50% high
1.32×/yr
Annual markup
1.78×/yr upside case
6.0 yr
Elapsed time used
8.1 yr actual, capped for stale marks
airlines
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
8.1 yr
On record since
2018
First round
6
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) 0.2× of median
This company$1.0M
Sector median$4.4M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.0× above median
This company$1.0M
Sector median$500K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$7.8M
Sector median$12.6M

Raised more than 32% of sector peers (real $). Modeled value above 42% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 companyCohort peer
$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)East Coast Aviation, LLC · Pre-Seed Raised $1.0M · modeled $7.8M (est)LGM Enterprises, LLC · Pre-Seed Raised $315K · modeled $2.5M (est)Emerald Corporate Jets, Inc. · Pre-Seed Raised $200K · modeled $1.6M (est)Midwest Express Airlines, Inc. (this company) Raised $1.0M · modeled $7.8M (est)Midwest Express Airlines, Inc.
CompanyStageRaised · realValue · estvs peer med.
East Coast Aviation, LLCPre-Seed$1.0M$7.8M1.52×
Midwest Express Airlines, Inc. this companyPre-Seed$1.0M$7.8M1.52×
LGM Enterprises, LLCPre-Seed$315K$2.5M0.48×
Emerald Corporate Jets, Inc.Pre-Seed$200K$1.6M0.30×
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.
Pre-Seed$1.0M2018-05-16$5.6M$7.8M90%
Pre-Seed$750K2018-05-16$4.2M$5.9M90%
Pre-Seed$750K2018-05-16$4.2M$5.9M90%
Pre-Seed$1.0M2018-05-16$5.6M$7.8M90%
Pre-Seed$1.0M2018-05-16$5.6M$7.8M90%
Pre-Seed$1.0M2018-05-16$5.6M$7.8M90%
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. Pre-Seed$1.0M2018-05-16
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Pre-Seed$750K2018-05-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Pre-Seed$750K2018-05-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
  4. Pre-Seed$1.0M2018-05-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× larger than the prior — scaling up.
    • 3 investors on this round.
  5. Pre-Seed$1.0M2018-05-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  6. Pre-Seed$1.0M2018-05-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
Intelligence
Modeled next raise
$1.0M
Modeled next size est.range $1.0M$1.6M
1.0×
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
Curtis Drumm2018-05
Gregory Aretakis2018-05
Richard Kummerow2018-05
Registry & provenance

Midwest Express Airlines, 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
1741839
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
East Coast Aviation, LLCAirlines and AirportsPre-Seed$1.0M$7.8Msame sector · same stage
Silverstar Aviation, Inc.Airlines and AirportsPre-Seed$1.0M$7.8Msame sector · same stage
Sky One Holdings, LLCAirlines and AirportsPre-Seed$1.0M$1.5Msame sector · same stage
KinectAir Inc.Airlines and AirportsPre-Seed$999K$4.5Msame sector · same stage
Sky Manor Airport Partners, L.L.C.Airlines and AirportsPre-Seed$887K$7.0Msame sector · same stage
Skycast Solutions Inc.Airlines and AirportsPre-Seed$759K$4.8Msame sector · same stage
Propeller Airports LLCAirlines and AirportsPre-Seed$700K$5.5Msame sector · same stage
Rise Alpha, LLCAirlines and AirportsPre-Seed$1.5M$1.5Msame 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
Cargojet Inc.Airlines and AirportsSeed$15.8M81%
TIM Aviation VIII, LLCAirlines and AirportsSeries A$40.3M81%
Aerodrome Development CorpAirlines and AirportsSeries A$25.7M81%
Midwest Transit Holdings, Inc.OtherSeries A$151.3M80%
One Jet, Inc.Airlines and AirportsSeries A$20.5M80%
Global Crossing Airlines Group Inc.Airlines and AirportsSeries A$23.3M80%
Republic Airways Holdings Inc.Airlines and AirportsGrowth/Late$6.5B80%
Breeze Aviation Group, Inc.Airlines and AirportsSeries D+$123.1M80%
Frequently asked
How much funding has Midwest Express Airlines, Inc. raised?
Midwest Express Airlines, Inc. has raised approximately $1.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Midwest Express Airlines, Inc.'s estimated valuation?
Provath's modeled valuation for Midwest Express Airlines, Inc. is approximately $7.8M (modeled range $600K–$89.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Midwest Express Airlines, Inc. at?
Midwest Express Airlines, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed May 16.
What does Midwest Express Airlines, Inc. do and where is it based?
Midwest Express Airlines, Inc. operates in the Airlines and Airports sector, based in Milwaukee.
Explore related

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

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