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Real-Time Flight Rewards Search Engine Point.Me Raises $2M To Scale Its Travel Tool

Feb 23, 2022•over 3 years ago

Amount Raised

$2 Million

Round Type

seed

OtherSoftware

Description

New York-based Point.me, the makers of an online search tool that makes it easy to discover real-time reward flight options, has raised $2 million in seed funding led by PAR Capital Ventures. The tool, which is now launching out of beta, searches routes on more than 150 airlines to uncover reward travel options that the company says would have been difficult to find otherwise. The site additionally provides information on how to maximize your airline miles and points.

Company Information

Company

Point.Me

About

The tool, which is now launching out of beta, searches routes on more than 150 airlines to uncover reward travel options that the company says would have been difficult to find otherwise. As the company grew to 60 agents, Morvitz knew they needed a way to search all the loyalty program options instantly instead of conducting manual searches. The company also offers a starter pass for $5 that gives users standard plan access for 24 hours. The startup will also hire additional customer service agents to enhance the customer experience.WndrCo Holdings invested in the seed round, with participation from former DreamWorks Animation CEO Jeffrey Katzenberg, Dropbox Business founder Sujay Jaswa, and former DreamWorks Animation president Ann Daily. The company plans to show the cash price for the flight you’re interested in, so you can see an immediate comparison of the value you’re getting for miles. Point.me also has a premium plan that costs $260 per year that includes everything in the standard plan, along with a 10% discount on all concierge services, an annual personalized miles and points checkup feature, and more. Point.me is compatible with over 30 loyalty programs, including numerous credit card reward programs.