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fly.io Revenue, Valuation & Funding (2024)

Fly.io is a cloud computing platform that specializes in deploying and running applications globally. The company offers a developer-focused platform that provides infrastructure and services to run containerized applications across multiple regions and cloud providers. Fly.io aims to make it easy for developers to deploy and scale their applications globally by providing a simple, reliable, and performant infrastructure. They offer features like automatic SSL, global load balancing, and automatic scaling, and their platform supports a variety of programming languages and frameworks.

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fly.io Revenue

In 2024, fly.io's revenue reached $11.2M. The company previously reported $7.6M in 2023. Since its launch in 2017, fly.io has shown consistent revenue growth.

fly.io Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$2.5M$5M$7.5M$10M$12.5M20172018201920202021202220232024$0$882K$7.6M$11.2MSource: GetLatka.com
YearMilestoneSource
2024fly.io Hit $11.2m revenue in October 2024Estimated
2023fly.io Hit $7.6m revenue in December 2023Estimated
2021fly.io Hit $882k revenue in January 2021
2017Launched with $0 revenue

fly.io Valuation, Funding Rounds

fly.io reached a $467M valuation in 2023, set during its $70 million Series C, June 2023, led by EQT Ventures round.

fly.io has raised $110.5M in total funding across 4 rounds, most recently a $70M $70 million Series C, June 2023, led by EQT Ventures round in 2023.

fly.io Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$100M$25M$200M$50M$300M$75M$400M$100M$500M$125M2017201820192020202120222023$397MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2023Funding round-$467M-bloomberg.com
2023$70 million Series C, June 2023, led by EQT Ventures$70M$397M18%bloomberg.com
2022Series B$25M--
2021Series A$12M--
2020Seed$3.5M--

Founder / CEO

Kurt Mackey

CEO

Kurt Mackey is listed as CEO at fly.io.

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Customers

We do not have customer count information for fly.io yet.

fly.io Employees & Team Size

fly.io employs approximately 60 people as of 2026, down from 68 in 2023.

fly.io Team GrowthReported headcount over time0153045607520172018201920202021202220232024006060Source: GetLatka.com
YearMilestoneSource
2024Reached 60 employees (December 2024)
2024Reached 68 employees (October 2024)
2023Reached 68 employees (December 2023)
2023Reached 51 employees (July 2023)
2021Reached 9 employees (January 2021)

Frequently Asked Questions about fly.io

What is fly.io's revenue?

fly.io generates an estimated $11.2M in annual revenue.

Who founded fly.io?

fly.io was founded by Kurt Mackey.

Who is the CEO of fly.io?

The CEO of fly.io is Kurt Mackey.

How much funding does fly.io have?

fly.io raised $110.5M across 4 rounds.

How many employees does fly.io have?

fly.io has 60 employees.

Where is fly.io headquarters?

fly.io is headquartered in Chicago, Illinois, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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