Startup profile for Fly.io: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Fly.io funding, valuation and investors

Edge compute platform deploying apps close to users for low-latency global delivery.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series C

$70M · June 2023

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$95M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth

Investors in latest funding

Lead: EQT Ventures

Other: Andreessen Horowitz

Sources: latest funding Last verified: 2026-07-25

Overview

Fly.io is an edge compute platform that deploys full-stack applications on a global network of servers, running containers close to users for low-latency global delivery. Note: duplicate entry for fly-io in this directory.

Why Fly.io is interesting

Fly.io runs containers on a global edge network — Initialized joined a16z in a $25M Series B (2022) before EQT led Series C.

Product & use cases

Edge compute platform deploying full-stack applications on a global network for low-latency delivery. Note: duplicate entry for fly-io.

  • Global edge container deployment
  • Low-latency app hosting close to users
  • Full-stack apps on distributed infrastructure

Key facts

  • Series B (Jul 2022): $25M led by a16z (/fund/andreessen-horowitz); Initialized Capital (/fund/initialized-capital) participated (Intel Capital press)
  • Series C (Jun 2023): $70M led by EQT; a16z re-upped (Bloomberg)
  • Product: global edge container deployment for low-latency apps

Funding history (newest first)

Series C

2023-06 $70M

Source: https://www.bloomberg.com/news/articles/2023-06-22/fly-io-raises-70m

Series B

2022-07 $25M

Source: https://fly.io/blog/series-b/

Investors in our directory

Funds linked from Fly.io's profile — open a fund page for stage focus and related deal articles.

andreessen-horowitz initialized-capital

Competitive landscape

Edge: Same as Fly.io — global edge containers with a16z and Initialized Capital backing.

Duplicate directory entry for fly-io. Fly.io competes in edge compute with strong developer community and $95M+ raised.

  • Cloudflare Workers direct

    Edge compute; Fly.io runs full containers.

  • AWS incumbent

    Regional cloud; Fly.io is edge-native.

  • Railway adjacent

    Simpler PaaS hosting.

Notable stories

  • This is a duplicate entry for Fly.io (fly-io) in the VCT directory.

Industries

infra-cloud developer-tools

Market / IPO context

Editorial / static context — not a live quote.

FAQs about Fly.io

Practical answers founders, operators, and investors typically search for.

Fly.io is an edge compute platform that deploys full-stack applications on a global network of servers, running containers close to users for low-latency delivery.
Fly.io's $25M Series B (2022) was led by Andreessen Horowitz (/fund/andreessen-horowitz), with Initialized Capital (/fund/initialized-capital). EQT Ventures led a $70M Series C in 2023.
Fly.io is at Series C based on its June 2023 $70M round.
Edge deployment reduces latency for global apps. Fly.io offers container-based edge compute as an alternative to traditional cloud regions and serverless platforms.
No. Fly.io remains a private company.
Yes — duplicate directory entries for the same company (Fly.io).
$95M across Series B and Series C.
See company website for current headquarters.
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Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.