Companies · Other Travel

Wheels Up Partners Holdings LLC

NEW YORK · Other Travel · https://www.wheelsup.com/

Diligence memoA one-page analyst read on Wheels Up Partners Holdings LLC — recommendation, valuation, rhythm, risks.
$522.3M
Total raised · real
7
Rounds
1.1×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Fri May 17 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Wheels Up Partners Holdings LLC has raised $522M over 7 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 travel 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 7.1 yr ago; this sector typically re-raises about every 9 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Wheels Up Partners Holdings LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
12.7 yr record
Peak capital year was 2015 with $163.0M across 2 filings.
Market position
ahead of 99% of Other Travel peers
Capital scale is ahead of 99% of Other Travel peers; modeled value is above 98% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Some evidence
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • Capital program peaked in 2015: $163.0M across 2 filings.
  • Largest single filing was $128.4M on 2019-05-17.
  • Filing rows sum to $619.2M, while canonical raised total is $522.3M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Travel

Wheels Up Partners Holdings LLC is one of 176 Other Travel companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 99% 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.

Wheels Up

Wheels Up

Find Wheels Up Partners Holdings LLC online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
140
Investors (latest)
2019-05-17
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$250M$500M$750M$1.0BSeries B · 2013-10-03 Raised $31M (real) Modeled valuation $196M (est)Series B2013Series C · 2013-10-03 Raised $56M (real) Modeled valuation $369M (est)Series C2013Series C · 2015-09-18 Raised $66M (real) Modeled valuation $439M (est)Series C2015Series C · 2015-09-18 Raised $97M (real) Modeled valuation $639M (est)Series C2015Series D+ · 2016-05-27 Raised $121M (real) Modeled valuation $804M (est)Series D+2016Series D+ · 2016-12-22 Raised $3.0M (real) Modeled valuation $20M (est)Series D+2016Series D+ · 2017-02-08 Raised $300K (real) Modeled valuation $2.0M (est)Series D+2017Series D+ · 2017-06-22 Raised $117M (real) Modeled valuation $782M (est)Series D+2017Series D+ · 2019-05-17 Raised $128M (real) Modeled valuation $855M (est)Series D+2019+$56M+$66M+$97M+$121M+$3.0M+$300K+$117M+$128MCumulative $619M

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 B$30.5M · 2013
Series C$55.7M · 2013
Series C extension$66.4M · 2015
Series C extension$96.6M · 2015
Series D+$120.8M · 2016
Series D+ extension$3.0M · 2016
Series D+ extension$300K · 2017
Series D+ extension$117.4M · 2017
Series D+ extension$128.4M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — 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
$855.5M
Base estimate est.
$647.8M
Conservative case
$1.9B
Upside case
$1.1B
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 travel sector profile. Directional, not a quoted figure.

Series B · modeled $195.8M · 2013-10-032013Series C · modeled $368.5M · 2013-10-03Series C · modeled $439.4M · 2015-09-18Series C · modeled $639.5M · 2015-09-18Series D+ · modeled $804.2M · 2016-05-27Series D+ · modeled $20.0M · 2016-12-22Series D+ · modeled $2.0M · 2017-02-08Series D+ · modeled $782.2M · 2017-06-22Series D+ · modeled $855.5M · 2019-05-172019
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
61% low · 84% high
1.01×/yr
Annual markup
1.13×/yr upside case
6.0 yr
Elapsed time used
7.1 yr actual, capped for stale marks
travel
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$93.0M/yr
Capital velocity
12.7 yr
On record since
2013
First round
9
Rounds on file
How it compares to the market

Benchmarked against 176 companies in Other Travel. 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) 206× above median
This company$522.3M
Sector median$2.5M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.1× above median
This company$128.4M
Sector median$119.1M
Modeled value — vs sector median (estimate, all stages) 96× above median
This company$855.5M
Sector median$8.9M

Raised more than 99% of sector peers (real $). Modeled value above 98% 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.
Series B$30.5M2013-10-03$169.6M$195.8M85%
Series C$55.7M2013-10-03$371.3M$368.5M85%
Series C$66.4M2015-09-18$442.7M$439.4M85%
Series C$96.6M2015-09-18$644.2M$639.5M85%
Series D+$120.8M2016-05-27$1.0B$804.2M85%
Series D+$3.0M2016-12-22$25.0M$20.0M90%
Series D+$300K2017-02-08$2.5M$2.0M90%
Series D+$117.4M2017-06-22$978.7M$782.2M90%
Series D+$128.4M2019-05-17$1.1B$855.5M90%
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 B$30.5M2013-10-03
    • First recorded raise — entered as Series B.
    • 127 investors on this round.
  2. Series C$55.7M2013-10-03
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× larger than the prior — scaling up.
    • 238 investors on this round.
  3. Series C$66.4M2015-09-18
    • Raised again after 23 mo — slower than the ~9 mo sector norm.
    • Round roughly the size of the prior one.
    • 13 investors on this round.
  4. Series C$96.6M2015-09-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
    • 192 investors on this round.
  5. Series D+$120.8M2016-05-27
    • Raised 8 mo later, in step with the ~9 mo sector norm.
    • Round roughly the size of the prior one.
    • 43 investors on this round.
  6. Series D+$3.0M2016-12-22
    • Raised 7 mo later, in step with the ~9 mo sector norm.
    • Round 40.3× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  7. Series D+$300K2017-02-08
    • Came back fast: 2 mo vs the ~9 mo sector norm.
    • Round 10.0× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  8. Series D+$117.4M2017-06-22
    • Came back fast: 4 mo vs the ~9 mo sector norm.
    • Round 391.5× larger than the prior — scaling up.
    • 243 investors on this round.
  9. Series D+$128.4M2019-05-17
    • Raised again after 23 mo — slower than the ~9 mo sector norm.
    • Round roughly the size of the prior one.
    • 140 investors on this round.
Intelligence
2020 ~Q1
Modeled next raise · ~8mo cadence
$140.5M
Modeled next size est.range $128.4M$224.8M
1.1×
Last step-up
$93.0M/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 Kaufman6 other2015-09
Kenneth Dichter5 other2013-10
David Adelman4 other2015-09
Mary Gallagher2 other2016-12
Alan Goldfarb1 other2015-09
David Baxt1 other2013-10
Henry Schachar1 other2019-05
Kate O'Malley1 other2019-05
Alan Daniel Goldfarb2017-06
Alan Martin Goldfarb2019-05
Bill Allard2015-09
Brian Daniel Radecki2017-02
Brian Martin Radecki2019-05
Byron Dan Crowe, J.r2019-05
Byron Daniel Crowe, Jr.2017-02
Carl F. Thorsberg2013-10
Carl Thorsberg2015-09
Chih Cheung2016-05
Chih Daniel Cheung2017-06
Chih Martin Cheung2019-05
David Daniel Adelman2017-06
David F. Kaufman2013-10
David Jason Adelman2019-05
Eric Dan Jacobs2019-05
Registry & provenance

Wheels Up Partners Holdings LLC 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
1585103
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
Lakeland Holdings, LLCOther TravelSeries D+$345.7M$2.3Bsame sector · same stage
KAWP Holdings, L.P.Other TravelGrowth/Late$516.1M$4.9Msame sector
Norwegian Cruise Line Holdings Ltd.Other TravelGrowth/Late$670.0M$4.6Bsame sector
REAL Holdings LLCBusiness ServicesSeries B$17.6M$91.5Mnetwork2 shared operators
Tour GCX Partners, Inc.OtherSeed$2.9M$54.0Mnetwork2 shared operators
Hotel Tonight, Inc.Other TravelSeries C$116.7M$245.0Msame sector
Sulpice Coach InvestissementOther TravelSeries C$100.0M$462.8Msame sector
Travelport Technology LtdOther TravelGrowth/Late$2.8B$21.1Bsame 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
Rise US Holdings, LLCOther TravelSeed$23.1M81%
Wheels, Inc.OtherSeed$24.2M78%
Root & Rise, LLCOther TravelPre-Seed$1.7M77%
Wheelhouse Holdings Inc.OtherSeries D+$2.8B77%
UP Ultimate Holdings LLCOtherSeries C$803.2M77%
Wheelhouse Holding Company, Inc.OtherPre-Seed$1.3M77%
Upward Enterprises Inc.OtherSeries D+$1.9B76%
Mobility Holdings, IncMobility / LogisticsPre-Seed$10.4M76%
Frequently asked
How much funding has Wheels Up Partners Holdings LLC raised?
Wheels Up Partners Holdings LLC has raised approximately $522.3M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Wheels Up Partners Holdings LLC's estimated valuation?
Provath's modeled valuation for Wheels Up Partners Holdings LLC is approximately $855.5M (modeled range $647.8M–$1.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Wheels Up Partners Holdings LLC at?
Wheels Up Partners Holdings LLC's latest modeled financing stage is Series D+. Its most recent recorded round closed around Fri May 17.
What does Wheels Up Partners Holdings LLC do and where is it based?
Wheels Up Partners Holdings LLC operates in the Other Travel sector, based in NEW YORK. Wheels Up
Explore related

See where Wheels Up Partners Holdings LLC 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 Wheels Up Partners Holdings LLC, 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.