What is Mystifly?
Founded in 2009, Mystifly has evolved from an online consolidation platform into a sophisticated SaaS provider for the travel industry. Headquartered in Singapore with a strategic presence in the UK, USA, and India, the company specializes in solving critical merchandising challenges for travel businesses globally. Its core value proposition lies in its ability to provide a reliable, scalable airfare marketplace that simplifies the complexities of global ticket issuance and local airfare sourcing. By focusing on the specific business needs of its clients, Mystifly has established itself as a critical partner for enterprises seeking to optimize their travel selling operations through advanced technological solutions.
How much funding has Mystifly raised?
Mystifly has raised a total of $16.3M across 3 funding rounds:
Other Financing Round
$5M
Other Financing Round
$3.3M
Series B
$8M
Other Financing Round (2016): $5M with participation from Recruit
Other Financing Round (2020): $3.3M led by Recruit Co. , Ltd.
Series B (2023): $8M supported by Cornerstone Venture Partners
Key Investors in Mystifly
Cornerstone Venture Partners
Cornerstone Venture Partners is an early-stage technology venture capital firm that invests in B2B technology solutions in the US and Israel, focusing on supporting market-driven products and scalable business models.
Recruit Co., Ltd.
A diversified Japanese conglomerate with a significant investment arm focused on supporting high-growth technology companies and digital platforms.
Recruit
An investment entity associated with Recruit Co., Ltd., providing strategic backing to firms within the global travel and technology ecosystem.
What's next for Mystifly?
Looking ahead, the recent capital injection is expected to accelerate Mystifly's product development roadmap, particularly in the realms of predictive analytics and automated merchandising. As the travel sector undergoes a digital transformation, the company is poised to leverage its enterprise-level backing to capture a larger share of the global market. Strategic priorities likely include deepening its technological moat, enhancing its B2B service offerings, and scaling its operations to meet the rising demand for integrated, efficient air travel retailing solutions. The firm remains focused on maintaining its leadership position by continuously innovating its platform to meet the high-velocity requirements of modern travel businesses.
See full Mystifly company page
