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Overview

TrueUp
Trajectory Score
42
/100
Business
App server hosting
Founded
10 years ago
2016
Valuation
$0.5 billion
Company type
Private - Venture-Backed

Fly.io is an App server hosting company. It is currently valued at $0.5 billion as a private company. The company was founded in 2016.

Jobs

No job info

Financials

Valuation
$0.5billion
Last round - Jun 2023
Most recent funding
3 years ago ($70 million)
Total funding
$111 million
Actual value 'created' (valuation - total funding)
+$360 million
Lead Investor - Series A
Intel Capital

Products

Product adoption by Ramp customers
Ramp logoGet $500 with Ramp
Adoption rate
5%
1% YoY
Source: Ramp
Category rank
#7
DevOps
Source: Ramp

Culture

Employee sentiment
Data not available

Rankings and awards

Brex Fastest-Growing Software Vendors logo
Brex Fastest-Growing Software Vendors
2025
#34
Madrona Intelligent Applications 40 logo
Madrona Intelligent Applications 40
2023
Redpoint InfraRed 100 logo
Redpoint InfraRed 100
Mid Stage
2023
Enterprise Tech 30 logo
Enterprise Tech 30
Mid Stage
2023
#10
The Information 50 Most Promising Startups logo
The Information 50 Most Promising Startups
2022

Layoffs

Employee reported layoffs
Sep 2024 · 2 years ago
40 impacted

Open source

Top open source projects
4.8K
litefs

External research