How Much Did Onfly Raise?
Funding & Key Investors

Onfly, a prominent player in the Latin American travel technology sector, has successfully secured a major strategic investment, bringing its total funding to $56.4M. This latest capital injection of $40M marks a significant milestone in the company's trajectory, underscoring investor confidence in its integrated platform for corporate travel and expense management. By consolidating booking services with financial oversight, Onfly continues to solidify its market position as a critical infrastructure provider for modern enterprises.

The recent financing round reflects a robust growth phase for the Belo Horizonte-based firm, which has scaled its operations to serve over 1,800 clients. This influx of capital is expected to accelerate the company's mission to streamline business travel processes, enhance fiscal transparency, and reduce operational overhead for its expanding client base across the region.

What is Onfly?

Onfly
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Founded in 2018, Onfly operates at the intersection of travel technology and fintech, providing a comprehensive ecosystem for corporate travel and expense management. The platform simplifies complex workflows by integrating flight, hotel, and ground transportation bookings with automated expense reporting and corporate credit card management. By digitizing these traditionally fragmented processes, Onfly enables organizations to gain real-time visibility into travel expenditures while enforcing corporate policy compliance. Its strategic focus on the Latin American market has allowed it to capture significant demand from companies seeking to modernize their travel procurement and financial control systems.

How much funding has Onfly raised?

Onfly has raised a total of $56.4M across 3 funding rounds:

2021

Unspecified

$380K

2023

Series A

$16M

2025

Series B

$40M

Unspecified (2021): $380K with participation from Cedro Capital

Series A (2023): $16M led by Left Lane Capital and Cloud9Capital

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, investing in high-growth consumer internet and technology companies that build lasting relationships with customers.

General Catalyst

General Catalyst operates as a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages, leveraging deep operational expertise.

Tidemark

Tidemark is a growth equity firm dedicated to helping companies achieve success and scalability, supported by a community of entrepreneurs and C-level operators.

What's next for Onfly?

With the successful closure of this major strategic investment, Onfly is well-positioned to deepen its penetration within the Latin American market and enhance its product suite. The company is likely to prioritize the development of advanced analytics features and further integration of its fintech capabilities to offer a more seamless experience for corporate finance departments. As the firm transitions into a more mature growth stage, the focus will shift toward scaling its infrastructure to support a larger enterprise client base, potentially exploring new regional markets and strengthening its competitive moat against traditional travel management incumbents. The backing from high-profile growth equity firms suggests a clear path toward long-term market leadership and operational excellence.

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Frequently Asked Questions Regarding Onfly Financial Insights

What are the most recent funding rounds that Onfly has completed, and what were the funding rounds?
Onfly has recently completed 3 funding rounds: Series B on Apr 15, 2025, Series A on Jun 7, 2023, Unspecified on Jan 22, 2021.
What is the total amount of funding Onfly has raised to date?
Onfly has raised a total of $56.4M in funding to date.
How many funding rounds has Onfly completed?
Onfly has completed 3 funding rounds.
How much funding did Onfly raise in its most recent funding round?
Onfly raised $40M in its most recent funding round.
Who are the lead investors in Onfly's latest funding round?
The lead investor in Onfly's latest funding round was Left Lane Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Onfly's history?
The largest funding round in Onfly's history was $40M.
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