Diligence memo · auto-generated · as of July 2, 2026
Surf Air Inc.
Surf Air Inc. has raised $18M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Surf Air Inc. operates in Other Travel, based in SANTA MONICA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Surf Air Inc. has raised $18M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $9.1M on 2018-08-17.
Most recent recorded round closed around 2018-08-17.
Valuation (modeled)modeled
Provath models Surf Air Inc. at approximately $53M (range $11M–$290M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 25 months.
Last raise 7.9 yr ago; this sector typically re-raises about every 9 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 82% of Other Travel peers (176 compared).
Modeled value ranks above 84% of those peers.
Closest niche peers: Tourism Holdings Ltd, Etch Mobile, Inc., Mozio Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.