# Point.Me

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/point-me

- Industry: Travel & Leisure
- Headquarters: New York, US
- Website: www.point.me/
- Total disclosed funding: $27M
- Latest round: Series B (Sep 18, 2024)
- Investors on record: 11

## About

Based in New York, US, and founded in 2019 by its CEO Adam Morvitz and CMO Tiffany Funk, Juicy Miles Travel Services, Inc. trading as point.me, operates as a provider of software as a service-based online search tool that allows customers to find and book flights and redeemed rewards. In February 2022, Juicy Miles Travel Services, Inc. raised USD 2 million in seed funding led by new investor PAR Capital Ventures, with participation from another new investor, WndrCo. In September 2024, Point.Me, Inc. raised USD 15 million in series B funding co-led by Citi Ventures and NYCA Partners, with participation from Four Cities Capital, MTC, PAR Capital Management, RiverPark Advisors, Samsung NEXT Ventures, and Thayer Ventures.

Juicy Miles Travel Services, Inc. offers a variety of services, including access to its self-serve search tool, full-service concierge, elite status, and credit card consulting. Its point.me self-service tool allows users to search for available reward flights across multiple airlines, compare all flight options and maximize the value of points,  step-by-step booking instructions to purchase a reward flight, and track points; point.me concierge allows users to interact one-on-one with a specialist to construct their trip; and point.me pick makes a holistic recommendation based on the user's preferences.

The company generates revenue through standard plan costs USD129 per year and comes with unlimited searches, customised results, access to rewards deals, and tips for replenishing points; and a premium plan that costs USD260 per year and includes everything in the standard plan, along with a 10% discount on all concierge services, an annual personalised mile, and a points checkup feature. The company also offers a starter pass for USD5 that gives users standard plan access for 24 hours.

Juicy Miles Travel Services, Inc. will use the seed funding to expand its product range and enhance the capabilities of the search engine, which will require a deeper engineering team.

## Funding rounds

- Series B, Sep 18, 2024, $15M — Thayer Ventures, PAR Capital Management, Citi Ventures, Nyca, RiverPark Advisors, Samsung NEXT Ventures, Four Cities Capital, MoreThan Capital
- Series A, Sep 5, 2023, $10M — Thayer Ventures, PAR Capital Management, Plug and Play, RiverPark Advisors, Gaingels, MoreThan Capital
- Seed, Feb 23, 2022, $2M — PAR Capital Management, WndrCo

## Investors

- PAR Capital Management (https://capitalatlas.ai/funds/par-capital-management) — Seed, Series A, Series B
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Seed
- Thayer Ventures (https://capitalatlas.ai/funds/thayer-ventures) — Series A, Series B
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series A
- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Series A, Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- MoreThan Capital (https://capitalatlas.ai/funds/morethan-capital) — Series A, Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series B
- Nyca (https://capitalatlas.ai/funds/nyca) — Series B
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B
- Four Cities Capital (https://capitalatlas.ai/funds/four-cities-capital) — Series B