Altitude X
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Altitude X - overview
Location
-, -, US
Primary Industry
Internet
About
Based in the US, Altitude X is a community hub for flight crews and aviation companies, providing users with opportunities to connect, network, and explore employment options. In September 2024, Summit Park, along with Altitude X and the company's management, led the acquisition of Thrust Flight in a recapitalization. As of September 2024, the company is led by CEO Jonathan Roitman. Altitude X offers Altitude X Social and Altitude X Pro.
Altitude X Social allows aviation professionals to search for and connect with other crew members from different airlines. This feature allows users to communicate via messaging and share recommendations for local restaurants, bars, spas, or entertainment venues. Altitude X Pro focuses on the professional development of flight crews. It features a job board where members can explore employment opportunities across the aviation sector, including positions with commercial carriers, cargo operators, and private flight services.
Additionally, the Pro platform allows users to join or create professional groups, enabling collaboration and discussion on industry-related topics. The September 2024 acquisition will enhance the company's aviation and training solutions.
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform
Website
www.altitudex.net
Verticals
Mobile Apps
Total Amount Raised
Subscriber access only
Altitude X - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Tailwind Hospitality, Inc. | - | ||||||||
| Recapitalisation | Completed | Thrust Flight | - |
Displaying 1 - 2 of 2
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.