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Lift Aircraft
Austin, US · Founded 2017 · 24 employees on LinkedIn · 3 known investors
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LIFT Aircraft develops a new type of personal, electric vertical-takeoff aircraft and operates an experiential entertainment business that lets everyday people fly. It aims to make personal, vertical flight accessible beyond traditional pilots.
Founders & leadership
Lift Aircraft was founded in 2017 by Matt Chasen.
Investors · 3
How we know: the VCSheet dataset · Not right? Tell us
How we know: Decisive Point's portfolio page · funding news · the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$10.4M disclosed across 2 rounds · 2022–2026
▶$1.2MraisedJun 2026 · 9 investors · ManufacturingRule 506(b)
- Matthew David ChasenExecutive Officer, Director
- Offering amount
- $3M
- Amount sold
- $1.2M
- Minimum investment
- $10K
- First sale
- Mar 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$9.2MraisedMar 2022 · 27 investors · OtherRule 506(b)
- Kenneth MillerExecutive Officer
- Matt ChasenExecutive Officer, Director
- Offering amount
- $9.2M
- Amount sold
- $9.2M
- First sale
- Mar 2022
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 4 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. Air ForceAir Force | Phase IISTTR | 2022 | $750K |
| U.S. Air ForceAir Force | Phase ISTTR | 2021 | $149.9K |
| U.S. Air ForceAir Force | Phase ISTTR | 2020 | $50K |
| U.S. Air ForceAir Force | Phase I | 2020 | $49.8K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Lift Aircraft do?
- LIFT Aircraft develops a new type of personal, electric vertical-takeoff aircraft and operates an experiential entertainment business that lets everyday people fly. It aims to make personal, vertical flight accessible beyond traditional pilots.
- Who founded Lift Aircraft?
- Lift Aircraft was founded by Matt Chasen in 2017.
- Who are Lift Aircraft's investors?
- Lift Aircraft's investors include ATX Venture Partners, Decisive Point, Point Nine.
- How much funding has Lift Aircraft raised?
- Lift Aircraft has disclosed $10.4M raised across 2 rounds.
- Where is Lift Aircraft headquartered?
- Lift Aircraft is headquartered in Austin, US.