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Flyr Labs Lands $150 Million In Series C Funding Led By Westcap

Sep 22, 2021•almost 4 years ago

Amount Raised

$150 Million

Round Type

series c

San Francisco

Description

FLYR Labs, pioneer of the data and AI-driven Revenue Operating System for airlines, travel, and transportation, today announced it has secured $150 million in Series C funding led by WestCap, a growth equity firm founded by Laurence Tosi, former CFO of Airbnb and Blackstone, with participation from Silver Lake Waterman, and WndrCo, along with insiders Peter Thiel, Streamlined Ventures, JetBlue Technology Ventures, and Gopher Asset Management. This funding will be used to expand the company's product offerings, scale delivery capacity, support strategic acquisitions, and develop world-class customer teams to meet growing demand.

Company Information

Company

Flyr Labs

Location

San Francisco, California, United States

About

FLYR Labs, the pioneer of the Revenue Operating SystemTM, is focused on the relentless application of advanced and intuitive technologies that help transportation leaders unlock their ultimate potential. Its cloud-based software solution leverages deep learning technology, a cutting-edge form of AI, to provide ultra-accurate forecasting and actionable insights within one comprehensive user interface. With FLYR, travel and transportation companies can exponentially improve revenue performance, unify decisions across commercial teams, and build a more efficient experience for their customers. FLYR is headquartered in San Francisco with offices in Los Angeles, Dallas, Krakow, and Amsterdam. To learn more about FLYR, visit flyrlabs.com or follow @flyrlabs on Twitter and LinkedIn.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech