Fly.io said it laid off about 40 employees in a restructuring; the company said devrel and growth were hit disproportionately, core engineering was mostly not, and affected employees got four months of severance.
SourcePublic company, workplace, funding, and market signals
Fly.io is a remote-first developer cloud platform that runs apps, databases, and AI-agent workloads close to users on globally distributed infrastructure. It combines hardware-virtualized Fly Machines, private networking, and a strong CLI/developer-experience layer, and in July 2026 the company re-focused around “Sprites,” persistent Linux computers for agents.
Primary product
Fly Machines and Sprites: globally distributed compute for apps and AI agents.
Founded
2017
Headquarters
Chicago, Illinois, United States
Team size
40-50
Work style
Remote
Industry
Technology, Information and Internet
Sub-industry
Developer-focused cloud infrastructure / application server software
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Offices
Business model
Stage
Series D
Total raised
$135.6M
Latest round
Series D · Jul 2026
Latest amount
$25M
Leadership
VP of Engineering
VP of Product
VP of Finance
Founders
Founder; former CEO; current board/advisor role
Co-founder
Co-founder; Developer
Investors
Remote-first and globally distributed, with a technical, engineer-led culture. Hiring is intentionally nontraditional: Fly favors work-sample challenges over résumé-driven interviews and says it is skeptical of conventional tech-industry hiring rituals.
Work style
Remote
Compensation
Fly says it uses the same USA-based compensation schedule worldwide, so pay is location-agnostic rather than locally adjusted.
Benefits
Pricing
Usage-based pay-as-you-go billing for provisioned resources, with reserved-machine discounts and separate paid support tiers.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Public estimates vary from about $6.5M to $11.2M ARR.
Estimated monthly visits
978.4K
Traffic estimate as of Jun 2026
Fly.io said it laid off about 40 employees in a restructuring; the company said devrel and growth were hit disproportionately, core engineering was mostly not, and affected employees got four months of severance.
SourceFly blog · Jul 2026
Official announcement that Fly.io is re-focusing on Sprites, raising more money, and naming Scott Johnston as CEO while Kurt Mackey moves into an advisory role.
GlobeNewswire · Jul 2026
Press release on the $25M Series D, new CEO Scott Johnston, and the company's AI-agent infrastructure strategy.
Axios Pro · Jul 2026
Business press coverage of the new funding and CEO change.
TechCrunch · Dec 2024
TechCrunch's layoff archive notes Fly.io reportedly laid off around 40 employees during a restructuring effort in 2024.
Fly blog · Jun 2023
Official post describing the $70M Series C led by EQT Ventures and prior funding.