# ChangeYourFlight, S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/changeyourflight-s-l

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.caravelo.com
- Total disclosed funding: $3.8M
- Latest round: Series A (Sep 4, 2023)
- Investors on record: 3

## About

ChangeYourFlight, S.L. is a Spain-based company that delivers subscription-based travel solutions, enhancing customer engagement and revenue generation for clients in the travel industry.Founded in 2010 and headquartered in Barcelona, Spain, ChangeYourFlight, S.L. specializes in innovative travel solutions. The company raised EUR 3.5 mn in Series A funding on September 4, 2023, led by Samaipata Ventures, with participation from Adara Ventures. The firm has completed five deals to date.Caravelo offers tailored subscription-based solutions for the travel sector, including Trip Subscriptions, All-You-Can-Travel Subscriptions, and Club Subscriptions. These services are designed to drive revenue growth, improve customer experiences, and manage inventory. They allow customers to have flexible travel options, encouraging loyalty among travelers while optimizing partner offerings.In the most recent year of 2023, Caravelo reported revenue of EUR 2,654,261.40, with an EBITDA of EUR -1,277,257.30. The company primarily generates revenue through subscription fees, partnering with airlines and travel agencies to provide personalized travel packages that enhance customer loyalty and retention.Following its latest funding round, ChangeYourFlight, S.L. plans to expand its product offerings and build out its platform while hiring additional staff. The company aims to enhance its service capabilities and explore new geographic markets to reach a broader audience.

## Funding rounds

- Series A, Sep 4, 2023, $3.8M — Adara Ventures, Samaipata Ventures
- Angel, Jun 1, 2012 — Fundación José Manuel Entrecanales

## Investors

- Fundación José Manuel Entrecanales (https://capitalatlas.ai/funds/fundacion-jose-manuel-entrecanales) — Angel
- Adara Ventures (https://capitalatlas.ai/funds/adara-ventures) — Series A
- Samaipata Ventures (https://capitalatlas.ai/funds/samaipata-ventures) — Series A
