Skip to content
COLD START / catalog / c/flyretrieved 2026-08-17T04:54 UTC · 16 sources read

Fly

Fly.io runs web, AI, and app servers close to users on its own hardware, and now sells persistent computers for AI agents.

fly.io · Chicago

CALL NO.CS·FLY·26
StageSeries DJuly 2026 · led by Dell Technologies Capital[1][4][5][7]
Raised$130Mdisclosed rounds[2]
Headcount44as of Jun 2026[8]
Valuationnot publicly disclosedno source in ledger
Founded2017[6][8]
Money

Raised $130M across disclosed rounds.[2]

Series D closed July 2026, led by Dell Technologies Capital.[1][4][5][7]

post-money valuation is not publicly disclosed.

Named investors include Andreessen Horowitz, Dell Technologies Capital, Intel Capital, EQT Ventures, Geodesic, Y Combinator, Initialized Capital.[1][2][4][5][6][7]

People

Kurt Mackey, Co-founder, former CEO, board member and advisor[2][5][9][10][11][15]

Jérôme Gravel-Niquet, Co-founder[2][5][9][10][11][15]

Michael Dwan, Co-founder (departed 2024)[2][5][9][10][11][15]

Scott Johnston, CEO and board member[5][7][8][15][16]

Michael Stahnke, Vice President of Engineering[5][7][8][15][16]

Ben Johnson, VP of Product[5][7][8][15][16]

Scott Sanders, VP, Infra[5][7][8][15][16]

Signals
Aug 3 2026fundingFly.io Raises $25M in Series D Funding[1]
Jul 25 2026newsKurt Mackey steps down as Fly.io CEO in agent-compute reset[5]
Jul 24 2026fundingFly.io Doubles Down on Computers for Agents with $25M to Deliver the Next Generation of AI Infrastructure company claim, not independently confirmed[7]
Jul 24 2026fundingDTC | Fly.io: Building Computers for Agents[4]
Jul 22 2026filingFly.io sells $23.2 million in new equity, SEC filing shows[2]
Jun 28 2023fundingCloud Startup Fly.io Raises $70 Million in EQT-Led Round[3]
Comps

Heroku · heroku.com · Same buyer and same workflow: developers deploying apps via CLI with minimal infrastructure management; Fly.io explicitly modeled its developer experience on Heroku and described itself as a Global Heroku.[5][6][8]

Render · render.com · Same buyer and same job to be done: developers deploying full-stack applications without managing underlying infrastructure, named as a competitor in the enrichment data.[8]

Railway · railway.com · Same buyer and same workflow: developers deploying containerized applications on a managed platform, named as a competitor in the enrichment data.[8]

Netlify · netlify.com · Same buyer and same job to be done: developers deploying applications close to users, named as a competitor in the enrichment data.[8]

Risk

The customer proof is company-sourced only. No independent source in this ledger confirms it.[7]

Next question

Ask for one referenceable production customer.

Not a recommendation. The first thing this ledger cannot answer.

Investor Lens
Why care
The case
What to learn next
Pay attention to
How it wins

Filled in the side panel for invited readers. This card carries sourced facts only.

Sourcestracings · 16

Aug 2026 · finsmes.com

reported

Aug 2026 · delltechnologiescapital.com

unknown

Aug 2026 · fly.io

company

Aug 2026 · linkedin.com

vendor

Aug 2026 · linkedin.com

vendor

Aug 2026 · linkedin.com

vendor

Aug 2026 · linkedin.com

vendor

Aug 2026 · fly.io

company

Aug 2026 · fly.io

company

[15]GitHub

Aug 2026 · github.com

reported

[16]GitHub

Aug 2026 · github.com

reported

Fly

CALL NO.CS·FLY·26

Fly.io runs web, AI, and app servers close to users on its own hardware, and now sells persistent computers for AI agents.

fly.io · Chicago

StageSeries D
Raised$130M
Headcount44
Valuationnot publicly disclosed
Founded2017
CompsHeroku +3

Ask for one referenceable production customer.

Not a recommendation. The first thing this ledger cannot answer.