Latest round

Seed

Last raised

Jan 2025

Total raised

$1.5M

Investors

3

About Arcube

Founded in 2022 and based in Manchester, UK, Lyte IB Works Pvt Ltd, dba Arcube, develops post-flight software that enables airlines to convert loyalty miles into personalized ancillaries. Prithveesh Reddy (CEO) and Harvey Lowe (COO) are the co-founders of the company. Arcube offers a post-flight experience software that enables airlines to enhance passenger loyalty through personalized ancillaries. This platform allows passengers to convert their loyalty miles into tailored ancillaries for future bookings after their flight, addressing the issue of infrequent flyers who often feel their loyalty points are underutilized. By integrating advanced AI algorithms that analyze extensive passenger data from bookings to transaction histories, the firm provides real-time, individualized recommendations to airlines, thereby improving customer engagement and driving repeat business. The company’s services are designed for airlines globally, with partnerships including a two-year collaboration with Etihad Airways that has facilitated enhanced customer satisfaction and revenue growth. The company generates revenue primarily through strategic partnerships with airlines and subscription-based access to its software services. The revenue model is structured around B2B transactions, where airlines utilize Arcube’s technology to offer personalized ancillaries to their passengers, leading to increased customer retention and loyalty.

Who invested in Arcube

3 investors across 1 round

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Funding rounds

  1. Seed

    Jan 9, 2025

    Amount

    $1.5M

    Investors

    Locked

Questions about Arcube

Who invested in Arcube?

Arcube has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Arcube raised?

Arcube has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Arcube last raise money?

Arcube's most recent round on record is a Seed, in Jan 2025.

What does Arcube do?

Founded in 2022 and based in Manchester, UK, Lyte IB Works Pvt Ltd, dba Arcube, develops post-flight software that enables airlines to convert loyalty miles into personalized ancillaries.

Where is Arcube headquartered?

Arcube is headquartered in Manchester, UK.

Which VCs invest in companies like Arcube?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Arcube's stage. Their profiles are linked below.

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