# The OpenSky Project

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-opensky-project

- Industry: Internet
- Headquarters: New York, US
- Website: www.opensky.com
- Total disclosed funding: $41M
- Latest round: Series C (Oct 24, 2011)
- Investors on record: 4

## About

The OpenSky Project, Inc. is a travel-focused company delivering innovative solutions to enhance experiential travel and exploration through personalized services and unique offerings.Founded in 2009 and headquartered in New York, US, The OpenSky Project, Inc. specializes in optimizing travel experiences for adventurous individuals and organizations. The company has successfully raised USD 30.00 mn across several funding rounds, with the latest being a Series C led by Providence Equity Partners, which also included investors like Canaan Partners and Highland Capital Partners.Open Sky focuses on delivering innovative solutions that enhance experiential travel and exploration. The company offers a range of services aimed at optimizing travel experiences, which include travel planning, curated itineraries, and exclusive access to various destinations and activities. These offerings address the needs of adventurous travelers seeking unique and personalized experiences, targeting individual travelers, travel agencies, and corporate clients interested in bespoke travel solutions across North America, Europe, and the Asia-Pacific region.Open Sky generates revenue through a multifaceted business model centered on direct-to-consumer sales and strategic partnerships. The company employs a subscription-based model for its flagship services, allowing clients to access premium content and exclusive travel deals for a recurring fee. Additionally, Open Sky engages in partnerships with various travel agencies and businesses, enabling tailored travel solutions for their customers. Revenue streams are further supported by direct sales of individual travel services, with pricing structures designed to cater to a wide range of budgets and preferences.The OpenSky Project, Inc. aims to launch new products designed for enhancing travel experiences, with specific release dates to be announced. The company is exploring expansion into new markets, particularly targeting growth in the Asia-Pacific region by the end of 2024. The recent funding of USD 30.00 mn will support these initiatives, allowing for the development of innovative travel solutions and expansion into new geographic areas. Canaan Partners, Highland Capital Partners, Providence Equity Partners, and The Raine Group have exited The OpenSky Project, Inc., although the financial terms of the transaction remain undisclosed.

## Funding rounds

- Series C, Oct 24, 2011, $30M — Highland Capital Partners, Providence Equity Partners, Canaan Partners, The Raine Group
- Series B, Apr 25, 2010, $6M — Highland Capital Partners, Canaan Partners
- Series A, May 1, 2009, $5M — Highland Capital Partners, Canaan Partners

## Investors

- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series A, Series B, Series C
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series A, Series B, Series C
- Providence Equity Partners (https://capitalatlas.ai/funds/providence-equity-partners) — Series C
- The Raine Group (https://capitalatlas.ai/funds/the-raine-group) — Series C