Brazilian Travel Technology Company Onfly Closes $16 Million Series A Investment Led By Left Lane Capital And Cloud9 Capital
Amount Raised
$16 Million
Round Type
Series A
Sao PauloTravelInvestors
Description
Onfly, a Brazilian travel technology company that provides an end-to-end corporate travel and expense management software platform, closed a $16 million Series A round led by Left Lane Capital and Cloud9 Capital. By combining key industry partnerships with a custom-built travel search engine, the company supports all clients' travel needs on a single platform - including booking flights and hotels to employee expense reimbursement and corporate cards. Onfly currently has 200 employees and plans to continue building technology to further facilitate and digitize corporate travel in Brazil and across Latin America.
Quick answer
Onfly Ltd raised $16 Million in a Series A round, dated June 7, 2023. Investors: Cloud9 Capital and Left Lane Capital. Onfly Ltd is based in Sao Paulo, Sao Paulo, Brazil.
- How much did Onfly Ltd raise?
- Onfly Ltd raised $16 Million in a Series A round on June 7, 2023.
- Who invested in Onfly Ltd?
- Cloud9 Capital and Left Lane Capital are named as investors in this round.
- What does Onfly Ltd do?
- Onfly provides companies with an end-to-end corporate travel and expense management software platform and will utilize the funds to scale sales and marketing efforts, build new products, and engage in opportunistic M&A..
- Where is Onfly Ltd based and how big is it?
- Onfly Ltd is based in Sao Paulo, Sao Paulo, Brazil.
- Who are the decision-makers at Onfly Ltd?
- Fundz holds 1 contact at Onfly Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Travel around the same time
Companies in the same sectors as Onfly Ltd that raised within 45 days of this round, from Fundz verified event records.
- Volato Group raised $16M on July 21, 2023.
- RideTandem raised $3M (Seed) on July 12, 2023.
- Hoop Carpool raised $1.3M (Seed) on July 11, 2023.
- Go Rentals raised an undisclosed amount on July 10, 2023.
- Sojern raised $9.8M on July 1, 2023.
- Utu raised $35M (Funding Round) on June 26, 2023.
Who to call at Onfly Ltd, and when
A new round usually means Onfly Ltd is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Onfly Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Onfly Ltd, from your own LinkedIn network
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Funding Insights
What this usually meansOnfly Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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