Overview
Salaries
Products
People
Growth
Offices
Financials

Funding and backers

Total raised
$16.6M
3 rounds on record
Latest round
$2.3M
Venture round · Jan 2025 · 20 mo ago
Team
11
US Form 5500 (plan participants) · Dec 2025 · -31% in a year
Backers
1
Material Impact
The money's age
Due for its next round
20 months since the last round · not hiring
Momentum
0/100
no fresh signals
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
2025 Team shrank to 11 was 16 · US Form 5500 (plan participants) Jan 28, 2025 Raised a round Venture round $2.3M · SEC Form D Dec 30, 2024 Took on debt financing $184k · SEC Form D Oct 26, 2021 Raised a round Venture round $14.3M · SEC Form D 2018 Founded
Funding rounds
RoundDateAmountInvestorsSource
Venture round Jan 2025 $2.3M — SEC Form D
Debt Financing Dec 2024 $184k — SEC Form D
Venture round Oct 2021 $14.3M — SEC Form D
Registers and programsofficial lists and records that name the company
Legal entity MagLev Aero Inc. SEC Form D
Founders and leadersfrom filings, registers and the company's site
Roderick RandallDirectorSEC Form D
Ian RandallExecutive Officer, DirectorSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
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Overview

We are building a breakthrough electric propulsion platform, the MagLev HyperDrive™, that leverages magnetic levitation and enables safer, quieter, and faster aircraft for urban air transit and beyond.

People

Roderick Randall
Director
Ian Randall
Executive Officer, Director
Christian Garcia
Director
Rod Randall
Director
Carmichael Roberts
Director
Ben Schlatka
Director
Phil Larochelle
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Hopkinton United States
HQ
50-200 est. staff

Financials

Total raised
$16.8M
Latest round
Venture - Series Unknown
Funding rounds
3
Funding rounds
Round Announced Amount
Venture - Series Unknown 2025 $2.3M Details
Debt Financing 2024 $184k Details
Venture - Series Unknown 2021 $14.3M Details