FundedIQ
Transportation

Avelo Airlines: Funding, Investors & Team (Aug 2026)

Avelo Airlines offers an affordable, convenient and caring travel experience.

www.aveloair.com LinkedIn Houston, United States 251-500 employees
Air Transportation Public Transportation Travel
Total raised
$42.0M
Rounds
1
Latest
Series B
Jan 2022

Avelo Airlines has raised $42.0M across 1 funding round on record, the most recent a Series B of $42.0M announced in Jan 2022.

That round is above the $5.0M median round size for Transportation companies tracked on FundedIQ over the last two years.

Avelo Airlines Company Profile and Key Stats

Total funding raised
$42.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series B
$42.0M in Jan 2022
Employees
251-500
reported band
Headquarters
Houston, United States

Latest funding round on record: Jan 2022.

Avelo Airlines Funding Rounds

Date
Round
Amount
Series B
$42.0M

Avelo Airlines Founders and Leadership Team

Name
Role
Contact
Andrew Levy
CEO
Locked

Contact details for the Avelo Airlines team: 1 of 1 has an email address on file.

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Avelo Airlines Funding Compared to Other Transportation Startups

Segment
Companies
Median round
29,722
$7.5M
4,289
$30M

Avelo Airlines' latest round of $42.0M is above the median round in Transportation. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Avelo Airlines in Transportation and Houston

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Avelo Airlines Funding FAQs

What does Avelo Airlines do?

Avelo Airlines offers an affordable, convenient and caring travel experience.

How much funding has Avelo Airlines raised?

Avelo Airlines has raised $42.0M across 1 round on record. The most recent is a Series B of $42.0M announced in Jan 2022.

When did Avelo Airlines last raise funding?

Avelo Airlines' most recent funding round on record is a Series B of $42.0M, announced in Jan 2022.

Who is the CEO of Avelo Airlines?

Andrew Levy is listed as CEO at Avelo Airlines.

Where is Avelo Airlines headquartered?

Avelo Airlines is based in Houston, Texas, United States.

How many employees does Avelo Airlines have?

Avelo Airlines is in the 251-500 employee band.

How does Avelo Airlines' funding compare to other Transportation startups?

Avelo Airlines' latest round of $42.0M is above the $5.0M median round size for Transportation companies on FundedIQ across 430 tracked companies over the last two years.

About FundedIQ's Avelo Airlines Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Avelo Airlines is left off this page rather than filled in.

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