Valuation · 2023
$467M
2024 Revenue
$11.2M(Est.)
Funding
$110.5M
Team
60
Founded
2017
fly.io Revenue, Valuation & Funding (2024)
fly.io generated an estimated $11.2M in annual revenue in 2024. Source: GetLatka estimate
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.
Last updated
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | fly.io Hit $11.2m revenue in October 2024 | Estimated |
| 2023 | fly.io Hit $7.6m revenue in December 2023 | Estimated |
| 2021 | fly.io Hit $882k revenue in January 2021 | Not recorded |
| 2017 | Launched with $0 revenue |
fly.io Valuation, Funding Rounds
fly.io's most recent disclosed valuation is $467M.
fly.io has raised $110.5M in total funding across 4 rounds, most recently a $70M Series C round in 2023.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2023 | Valuation | - | $467M | - | bloomberg.com |
| 2023 | Series C | $70M | $397M | 18% | bloomberg.com |
| 2022 | Series B | $25M | - | - | Not recorded |
| 2021 | Series A | $12M | - | - | Not recorded |
| 2020 | Seed | $3.5M | - | - | Not recorded |
Founder / CEO
Kurt Mackey
CEO
Before starting Fly.io in 2017, Kurt Mackey co-founded two database-as-a-service companies — MongoHQ in 2009 and Compose — both of which were acquired, and he went through Y Combinator twice. As CEO of Fly.io he leads a cloud platform for running applications and databases in regions close to users around the world.
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 60 employees (December 2024) | Not recorded |
| 2024 | Reached 68 employees (October 2024) | Not recorded |
| 2023 | Reached 68 employees (December 2023) | Not recorded |
| 2023 | Reached 51 employees (July 2023) | Not recorded |
| 2021 | Reached 9 employees (January 2021) | Not recorded |
Frequently Asked Questions about fly.io
What is fly.io's revenue?
As of 2024, fly.io generated 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?
As of 2024, fly.io had 60 employees.
Where is fly.io headquartered?
fly.io is headquartered in Chicago, Illinois, United States.
Compare fly.io to the industry
fly.io operates across multiple industries. Browse revenue, funding, and growth data for fly.io in each sector below.
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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