SKY VC was founded in 2016 as JetBlue Technology Ventures, JetBlue's wholly-owned corporate venture subsidiary, before becoming part of SKY Leasing and rebranding in May 2025. Unlike broad software-focused corporate VCs, the firm is intensely vertical - organized entirely around the future of travel, hospitality, and transportation, with a team that blends venture investing experience with real airline operating knowledge. That combination produced its clearest outcome: an early bet on Joby Aviation, the electric air taxi company, whose August 2021 public listing was significant enough that the fund's own founding president, Bonny Simi, left to join Joby directly. SKY VC has invested in more than 50 companies since inception.
Joby Aviation's August 2021 public listing - JetBlue Technology Ventures (now SKY VC) was an early backer of the electric air taxi company, and its former president Bonny Simi left the fund to join Joby directly as Head of People and Operations