# Flyp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flyp

- Industry: Telecoms
- Headquarters: Boston, US
- Website: www.getflyp.com
- Total disclosed funding: $5.8M
- Latest round: Seed (Feb 1, 2016)
- Investors on record: 5

## About

Flyp Inc. offers a mobile application that enhances call management and privacy by allowing users to add multiple phone numbers to their devices, streamlining communication for both personal and professional use.Flyp Inc. provides a unique mobile application designed to help users manage multiple phone numbers. The company was founded in Boston, US. The latest funding round was a Seed round in February 2016, where Flyp raised USD 5.8 mn from investors including Aspect Ventures, Acorn Ventures, and MAG Ventures. The company has raised a total of USD 5.8 mn to date.Flyp US offers a streamlined mobile application that allows users to add multiple phone numbers to their existing devices, enhancing call management and privacy control. The core product enables users to create up to five distinct phone lines, each assigned a local US area code, catering to various end-use cases such as business communications, personal privacy, and international travel. The application provides features like per-line Do Not Disturb settings and call blocking, consolidating all calls, texts, and voicemails in one accessible interface. This service primarily targets individual users, professionals, and businesses looking for efficient communication solutions, and it aims to alleviate the issues of unreliable Wi-Fi calling and the clutter of managing multiple communication channels. Flyp's offerings are available in the United States, with particular emphasis on urban markets where users require versatile communication tools.Flyp generates revenue primarily through a subscription model, allowing users to access its services without encountering hidden fees or complex pricing structures. Customers can initially try the Flyp service with a complimentary seven-day trial for their first phone number, after which they typically transition to a straightforward monthly subscription plan encompassing the use of multiple phone numbers. This direct-to-consumer model facilitates seamless transactions as users can easily select their phone number preferences and manage their subscriptions through the app. The service’s pricing is designed to reflect the simplicity and transparency that users expect, offering predictable costs without additional charges. Flyp's financial structure emphasizes consumer retention, encouraging continued use through competitive pricing and user-friendly features that cater to both individual and professional needs.Flyp Inc. plans to leverage the USD 5.8 mn raised in its most recent Seed funding round from multiple investors to enhance its product offerings and expand its market reach. The company is focused on developing new features for its mobile application and aims to enter new urban markets across the United States by the end of 2023, targeting locations with high demand for versatile communication tools. Additionally, Flyp is investigating opportunities to introduce new subscription tiers that cater to various user needs.

## Funding rounds

- Seed, Feb 1, 2016, $5.8M — Acorn Ventures, 5Y Capital, MAG Ventures, Structure Capital, Aspect Ventures

## Investors

- Acorn Ventures (https://capitalatlas.ai/funds/acorn-ventures) — Seed
- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Seed
- MAG Ventures — Seed
- Structure Capital (https://capitalatlas.ai/funds/structure-capital) — Seed
- Aspect Ventures (https://capitalatlas.ai/funds/aspect-ventures) — Seed