Wisk

Develops autonomous electric air taxis

Mountain View, California, United States

About Wisk

Wisk Aero develops autonomous electric vertical takeoff and landing (eVTOL) aircraft aimed at transforming urban transportation by introducing air taxis. Their eVTOL aircraft, such as Wisk and Cora, are designed to be safe, sustainable, and accessible, meeting high aviation safety standards. Wisk Aero differentiates itself from competitors by focusing on both the manufacturing of these aircraft and providing air taxi services directly to consumers, as well as partnering with cities and businesses to enhance urban mobility solutions. The company's goal is to address inefficiencies in current transit systems, making air travel a practical option for everyday transportation.

Mountain View, CaliforniaHeadquarters
2019Year Founded
$437.7MTotal Funding
LATE_VCCompany Stage
Automotive & Transportation, Energy, AerospaceIndustries
501-1,000Employees

Benefits

100% paid employee medical, dental, & vision benefits, plus generous cost-sharing for spouse/dependent coverage
401(k) plan with 50% employer matching
9/80 alternative work schedule with every other Friday off
Commuter benefits & Flexible Spending Account (FSA)
Flexible time off to maintain a healthy work-life balance, plus 10 paid holidays per year
Quarterly wellness stipend to help maintain a healthy lifestyle
Annual company match for charitable giving
Communications allowance
Education assistance and flight lesson subsidy
Free electric vehicle charge stations at HQ
Daily catered lunch in Wisk facilities

Risks

Competition from Airbus and Embraer may impact Wisk's market share.
Regulatory hurdles could delay Wisk's autonomous air taxi deployment.
Public skepticism about autonomous vehicles may hinder Wisk's consumer adoption.

Differentiation

Wisk focuses on autonomous eVTOL aircraft, setting it apart in urban air mobility.
The company has conducted over 1750 test flights, showcasing its commitment to safety.
Wisk's strategic partnerships in Australia highlight its global expansion efforts.

Upsides

Increased interest in urban air mobility boosts demand for Wisk's eVTOL technology.
FAA's approval of airworthiness criteria accelerates Wisk's certification process.
Growing sustainability focus enhances demand for Wisk's zero-emission transportation solutions.

Funding

Total raised$437.73 M
Latest valuation$2.25 B
StageLATE_VC
LATE VC
12/31/2021
$450
$2.25 B