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Archer Aviation raised $430 million in a funding round led by Stellantis and United Airlines to further its development of electric vertical takeoff and landing aircraft and to establish an air taxi network in Los Angeles.

PUBLIC · ACHRDec 13, 2024

Amount Raised

$430 Million

Round Type

Angel

San JoseManufacturingAdvertisingTransportationAerospace

Investors

Wellington ManagementUnited AirlinesStellantis2PointZero

Description

Archer Aviation has secured $430 million to continue its efforts in developing electric vertical takeoff and landing (eVTOL) aircraft. This funding is part of a larger total of $660 million raised this year, as the company aims to establish an air taxi network in Los Angeles.

Quick answer

Archer Aviation raised $430 Million in a Angel round, dated December 13, 2024. Investors: Wellington Management, United Airlines, Stellantis and 2PointZero. Archer Aviation is based in San Jose, California, United States.

How much did Archer Aviation raise?
Archer Aviation raised $430 Million in a Angel round on December 13, 2024.
Who invested in Archer Aviation?
Wellington Management, United Airlines, Stellantis and 2PointZero are named as investors in this round.
What does Archer Aviation do?
Archer Aviation Inc. is a leader in electric vertical takeoff and landing (eVTOL) aircraft, dedicated to designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks.
Where is Archer Aviation based and how big is it?
Archer Aviation is based in San Jose, California, United States. Fundz records about 780 employees.
Who are the decision-makers at Archer Aviation?
Fundz holds 4 contacts at Archer Aviation, including the Founder and CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Advertising and Transportation around the same time

Companies in the same sectors as Archer Aviation that raised within 45 days of this round, from Fundz verified event records.

  • Stoke Space raised $260M (Series C) on January 15, 2025.
  • Stoke Space raised $260M (Funding Round) on January 15, 2025.
  • Stoke Space raised $184M on December 9, 2024.
  • Beta Technologies raised $318M (Series C) on October 31, 2024.
  • Dream Aerospace raised $347K (Pre-Seed) on January 23, 2025.
  • Constelli raised $3M (Pre-Series A) on January 16, 2025.

Who to call at Archer Aviation, and when

A new round usually means Archer Aviation is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Archer Aviation raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Archer Aviation, from your own LinkedIn network

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Company Information

Company

Archer Aviation

Location

190 West Tasman Drive

San Jose, California, United States

About

Archer Aviation Inc. is a leader in electric vertical takeoff and landing (eVTOL) aircraft, dedicated to designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks.

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Related People

4 contacts
Verified contactsAdam G., Founder and CEO hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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Archer Aviation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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