# Options Away

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/options-away

- Industry: Travel & Leisure
- Headquarters: Chicago, US
- Website: www.optionsaway.com
- Total disclosed funding: $3.5M
- Latest round: Series A (Mar 3, 2015)
- Investors on record: 3

## About

Options Away provides innovative travel solutions that allow users to reserve flights with flexible payment options, enhancing the booking experience for travelers.Founded in 2012 in Chicago, US, Options Away specializes in offering flight reservation solutions that enable customers to hold flights for a specified period. The company has successfully completed a total of 6 deals, with their latest funding round being a Series A which raised USD 3.50 mn on March 3, 2015, led by OCA Ventures, with participation from Pritzker Group Venture Capital and Thayer Ventures.Options Away offers a unique platform that allows travelers to reserve flights with flexible payment options. This service is designed to enhance the booking experience by providing users with the ability to lock in flight prices for a specified time, thereby reducing the stress associated with travel planning. Their offerings cater to both individual travelers and travel agencies, helping customers secure their travel arrangements while providing peace of mind regarding fare fluctuations.Options Away generates revenue through its flight reservation services, which are offered directly to customers. The company employs a business model that allows users to pay for their reservations while enjoying the flexibility of holding flights without immediate commitment, thus attracting a diverse customer base seeking convenient travel solutions.Options Away aims to expand its services by launching new products that enhance user experience in the upcoming year. The company plans to enter new markets in North America and Europe by the end of 2023, leveraging the recent Series A funding of USD 3.50 mn raised in March 2015 to support these initiatives. This funding will be utilized to further develop their technology and increase brand awareness across targeted geographic regions.

## Funding rounds

- Series A, Mar 3, 2015, $3.5M — Pritzker Group Venture Capital, OCA Ventures, Thayer Ventures

## Investors

- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Series A
- OCA Ventures (https://capitalatlas.ai/funds/oca-ventures) — Series A
- Thayer Ventures (https://capitalatlas.ai/funds/thayer-ventures) — Series A