Wheels Up is a private aviation membership company that democratizes access to private jets through on-demand aircraft charter and membership-based models. The company operates a fleet of Challenger 300/350 and Phenom 300 aircraft alongside a network of third-party operators, providing integrated commercial and private aviation booking through a mobile platform. Headquartered in New York with operations spanning the United States, Wheels Up serves high-net-worth individuals and corporate clients seeking private travel solutions.
Wheels Up is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2013
Employees
1,800–1,900
Total Funding
$1.18B
6 rounds
Latest Valuation
$2.1B
July 13, 2021
Total raised $1.18B across 6 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
SPAC + PIPE (IPO)
Date
July 13, 2021
Amount
$790M
Valuation
$2.1B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| July 13, 2021 | SPAC + PIPE (IPO) | $790M | $2.1B | Aspirational Consumer Lifestyle Corp |
| December 9, 2019 | Strategic (Delta) | Not disclosed | — | Delta Air Lines |
| May 2019 | Series D | $128M | $1.1B | Not disclosed |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series C / growth
$0.7B
Oct 2017
Wheels Up today
$2.1B
Jul 2021 · latest mark
Wheels Up multiple
3.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
George Mattson
Chief Executive Officer
Kenny Dichter
Founder
Mark Briffa
Chief Sales Officer
Meaghan Wells
Chief Growth Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
NetJets
The leading US private jet provider with 780+ aircraft and over 600,000 charter hours annually, offering fractional ownership and jet card programs.
Flexjet
Fractional aircraft ownership and jet card provider emphasizing personalized service, dedicated crews, and designer interiors for premium travelers.
VistaJet
Global jet card and charter program offering consistent cabin experience across international routes, part of Vista Global.
XO (formerly XOJet)
On-demand jet booking platform focused on ad-hoc charter with technology-enabled rapid booking, part of Vista Global's ecosystem.
Jet Linx
Fractional jet card and ownership provider targeting mid-market private aviation users with affordable entry-level programs.
Wheels Up went public via SPAC merger with Aspirational Consumer Lifestyle Corp. in July 2021, trading on NYSE under ticker UP. The company faced severe financial difficulties and filed for restructuring in 2023, leading to a $500 million bailout where Delta Air Lines acquired 95% ownership through a consortium with Certares and Knighthead in August-September 2023.
Wheels Up shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Wheels Up had a valuation of approximately $2.1B at the time of its public offering. Current market capitalization fluctuates with the share price.
Wheels Up raised $1.18B across 6 disclosed funding rounds prior to its public listing.
Wheels Up was founded by Kenny Dichter in 2013.
Wheels Up is headquartered in New York, NY, United States.
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