What is Onfly?
Founded in 2018 and headquartered in Belo Horizonte, Brazil, Onfly operates within the travel technology industry, offering a comprehensive platform designed to streamline corporate travel and expense management. The company's integrated services encompass booking flights, hotels, car rentals, and buses, alongside expense management and corporate credit card solutions. Onfly's mission is to enhance transparency, reduce costs, and simplify the complexities of business travel for its extensive client base, which exceeds 1,800 companies, primarily across Latin America. The company's consistent capital raises indicate a strong market demand for its integrated travel solutions.
How much funding has Onfly raised?
Onfly has raised a total of $56.4M across 3 funding rounds:
Unspecified
$380K
Series A
$16M
Series B
$40M
Unspecified (2021): $380K with participation from Cedro Capital
Series A (2023): $16M led by Cloud9Capital and Left Lane Capital
Series B (2025): $40M supported by Left Lane Capital, General Catalyst, and Tidemark
Key Investors in Onfly
Left Lane Capital
Left Lane Capital is a New York-based venture capital and growth equity firm that invests in high-growth consumer internet and technology companies. They focus on partnering with entrepreneurs building category-defining businesses.
General Catalyst
General Catalyst is a venture capital firm that backs transformational business opportunities across multiple sectors and stages, partnering with entrepreneurs to accelerate growth and build enduring enterprises.
Tidemark
Tidemark is a growth equity firm dedicated to helping companies achieve success and scalability by investing between $20 million to $150 million to foster the development of industry leaders.
What's next for Onfly?
With its recent major strategic investment, Onfly is poised for accelerated growth and market penetration. The company's focus on consolidating corporate travel and expense management into a single, efficient platform positions it well to capture a larger share of the Latin American market. Future developments are likely to include enhancements to its platform's AI capabilities for personalized travel recommendations, further integration with financial systems, and expansion into new geographic regions. The sustained backing from prominent venture capital firms suggests confidence in Onfly's business model and its potential to disrupt traditional corporate travel booking methods.
See full Onfly company page
