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Flapper secures Series A extension funding to expand technology and launch fractional aircraft management program

PRIVATEJun 20, 2024•almost 2 years ago

Amount Raised

$20 Million

Round Type

series a

Belo HorizonteTransportationTravelAir TransportationAerospace

Investors

SmuIvcArien InvestConfraparDxaAce VenturesAerotec

Description

Flapper has raised an undisclosed amount of funding as part of its Series A extension. Existing late-stage investors including private-equity fund DXA, VC fund Confrapar, alternative investments fund Arien Invest, and investment vehicles IVC and SMU contributed to the funding. The new funds will be allocated to technology improvements, potential M&As, and the launch of a fractional aircraft management program.

Company Information

Company

Flapper

Location

Belo Horizonte, Minas Gerais, Brazil

About

Flapper draws together the best helicopter and private jet fleets to deliver a revolutionary private flight experience. Have it your way - indulge in a private jet charter or join other Flapper members on a shared flight. With Flapper, you save up to 5-30% on your air charter. Actively working with more than 100 air taxi operators, Flapper guarantees the most complete private aviation offer, including jets, turbo-props and helicopters. Our proprietary inventory and technology, combined with international experience, makes us a reliable partner for executive flights, medical assignments and cargo missions. We are Wyvern- and ARGUS-certified and possess impeccable safety records. Our revolutionary shared flights service allows you to fly on private aircraft at the price of Premium Economy. With numerous partnerships signed with companies such as Embraer and Electra, we are committed to zero emission air mobility and democratization of aviation as core pillars of vision moving forward.

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