# FLYR

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.flyr.com/
- Total disclosed funding: $357M
- Latest round: Series D (Aug 8, 2024)
- Investors on record: 18

## About

FLYR, Inc. is a US-based company specializing in AI-driven solutions for the travel industry, focusing on airline retailing and revenue management to optimize customer experiences and operational efficiency.Founded in 2013 in San Francisco, US, FLYR, Inc. develops advanced technology for the travel sector. The company was co-founded by Alex Mans, Enric Puig, and Gabriel Sanjulian. FLYR has successfully raised a total of USD 225 mn across various funding rounds, with the latest round being a VENTURE DEBT round of USD 70 mn led by Vista Credit Partners on August 8, 2024. Their growth strategy has seen them engage in 10 deals to date.FLYR offers an AI-powered platform tailored for the travel and transportation industry, focusing on airline retailing and revenue management. The core product, 'FLYR Offer & Order', allows dynamic bundling of flights, hotels, ground transportation, and activities, enhancing the customer purchase experience while streamlining operations for airlines and service providers. FLYR caters to a diverse clientele, including major airlines and travel service providers across North America, Europe, and the Middle East.FLYR generates revenue primarily through partnerships with airlines and travel service providers. This revenue comes from a combination of subscription agreements and transaction fees linked to the use of its platform. By enabling airlines to offer bundled products within a unified shopping cart, FLYR enhances customer experiences while benefiting from transaction volumes across its services.In August 2024, FLYR, Inc. raised USD 225 mn in a series D funding round aimed at accelerating the development of modern reservation systems and enhancing AI-based decision automation. The company plans to improve digital channels for airlines and hospitality brands while potentially expanding into new geographical markets. The funding will support these initiatives, allowing FLYR to enhance its service offerings and reach new client segments.

## Funding rounds

- Series D, Aug 8, 2024, $225M — Abu Dhabi Investment Authority, BlackRock, Streamlined Ventures, Avianca Holdings S.A., Westcap Management
- Series C, Sep 27, 2021, $105M — Silver Lake, Streamlined Ventures, SKY VC, WndrCo, Gopher Asset Management, Westcap Management
- Series B, Jun 24, 2019, $10M — Amadeus Capital Partners, Western Technology Investment, Plug and Play, Streamlined Ventures, AXA Venture Partners, Chasm Capital, SKY VC, Counterpart Advisors
- Series A, Dec 30, 2016, $7.5M — Amadeus Capital Partners, Western Technology Investment, Plug and Play, Streamlined Ventures, AXA Venture Partners, Chasm Capital, SKY VC
- Seed, Mar 11, 2016, $1M — Streamlined Ventures, Montage Ventures, AXA Venture Partners, SKY VC
- Seed, Mar 31, 2015, $3.7M — Western Technology Investment, Streamlined Ventures, Montage Ventures, Chasm Capital
- Seed, Mar 16, 2015, $4.8M — Western Technology Investment, Plug and Play, Streamlined Ventures, Montage Ventures, Signatures Capital Partners, Chasm Capital, Cota Capital

## Investors

- Western Technology Investment (https://capitalatlas.ai/funds/western-technology-investment) — Seed, Series A, Series B
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed, Series A, Series B
- Streamlined Ventures (https://capitalatlas.ai/funds/streamlined-ventures) — Seed, Series A, Series B, Series C, Series D
- Montage Ventures (https://capitalatlas.ai/funds/montage-ventures) — Seed
- Signatures Capital Partners — Seed
- Chasm Capital (https://capitalatlas.ai/funds/chasm-capital) — Seed, Series A, Series B
- Cota Capital (https://capitalatlas.ai/funds/cota-capital) — Seed
- AXA Venture Partners (https://capitalatlas.ai/funds/axa-venture-partners) — Seed, Series A, Series B
- SKY VC (https://capitalatlas.ai/funds/sky-vc) — Seed, Series A, Series B, Series C
- Amadeus Capital Partners (https://capitalatlas.ai/funds/amadeus-capital-partners) — Series A, Series B
- Counterpart Advisors — Series B
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series C
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Series C
- Gopher Asset Management (https://capitalatlas.ai/funds/gopher-asset-management) — Series C
- Westcap Management (https://capitalatlas.ai/funds/westcap-management) — Series C, Series D
- Abu Dhabi Investment Authority — Series D
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series D
- Avianca Holdings S.A. — Series D