Total amount raised
$2 Billions
Latest funding date
02/01/2025
Location
Archer is pioneering the future of urban air mobility with its innovative electric air taxis. The company is dedicated to transforming how people move within cities by offering a sustainable and efficient alternative to traditional transportation.
Keep reading to explore the intricacies of Archer's fundraising journey and the investors backing this groundbreaking platform.
What Is Archer?
Archer is a company dedicated to the development and commercialization of electric air taxis. Operating within the aviation industry, Archer aims to revolutionize urban transportation with sustainable and efficient solutions.
While specific details about the founding year, location, and founders are not provided, Archer's commitment to safety, certification, and defense applications is evident. The company also offers information for investors, news updates, and career opportunities, highlighting its comprehensive approach to innovation and transparency.
How Much Funding Has Archer Raised?
- Series A
- Amount Raised: $55.7M
- Date: July 2020
- Lead Investors: -
- Post-IPO Equity
- Amount Raised: $600M
- Date: September 2021
- Lead Investors: Stellantis, United Airlines
- Post-IPO Equity
- Amount Raised: $150M
- Date: January 2023
- Lead Investors: Stellantis
- Post-IPO Equity
- Amount Raised: $215M
- Date: August 2023
- Lead Investors: Stellantis
- Post-IPO Equity
- Amount Raised: $230M
- Date: July 2024
- Lead Investors: Stellantis
- Post-IPO Equity
- Amount Raised: $430M
- Date: December 2024
- Lead Investors: -
- Post-IPO Equity
- Amount Raised: $300M
- Date: February 2025
- Lead Investors: BlackRock
In total, Archer has raised $1.98B.
Key Investors
- Stellantis
- Details: Stellantis is a multinational automotive manufacturing corporation formed in 2021 through the merger of Fiat Chrysler Automobiles and PSA Group. The company is known for its extensive portfolio of brands, including Jeep, Ram, and Peugeot.
- Investment Focus Areas: Automotive, electric vehicles, mobility solutions
- Notable Investments: Waymo, Archer, Free2Move
- BlackRock
- Details: BlackRock is a global investment management corporation based in New York City. It is one of the world's largest asset managers, with a diverse range of investment products.
- Investment Focus Areas: Technology, healthcare, renewable energy
- Notable Investments: Apple, Microsoft, Tesla
- United Airlines
- Details: United Airlines is a major American airline headquartered in Chicago, Illinois. It operates a large domestic and international route network.
- Investment Focus Areas: Aviation, travel, sustainability
- Notable Investments: Archer, Boom Supersonic, Clear
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