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, totaling $40M, marks a significant milestone in the company's evolution as it transitions from a regional innovator to a dominant force in corporate travel and expense management. The financing round underscores investor confidence in the firm's ability to streamline complex business travel workflows for its growing base of over 1,800 enterprise clients.

The company's funding trajectory reflects a robust growth narrative, beginning with early-stage backing from Cedro Capital in 2021, followed by a substantial Series A round in 2023 involving Cloud9Capital and Left Lane Capital. The most recent Series B infusion, supported by high-profile firms including General Catalyst, Tidemark, and Left Lane Capital, positions Onfly to accelerate its market penetration and technological development.

What is Onfly?

Onfly
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Founded in 2018 and headquartered in Belo Horizonte, Brazil, Onfly provides an integrated platform designed to modernize corporate travel and expense management. By consolidating flight bookings, hotel reservations, car rentals, and bus ticketing with automated expense reporting and corporate credit card integration, the company addresses critical pain points in business travel. Its value proposition centers on enhancing operational transparency, reducing overhead costs, and simplifying the administrative burden for organizations. As a key innovator in the Latin American fintech and travel-tech landscape, Onfly has established itself as a vital partner for companies seeking to digitize and optimize their travel procurement processes.

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 Cloud9Capital and Left Lane Capital

Series B (2025): $40M supported by Left Lane Capital, Tidemark, and General Catalyst

Key Investors in Onfly

General Catalyst

General Catalyst is a premier venture capital firm that partners with founders to build transformational enterprises, providing deep operational expertise and strategic guidance to companies at critical inflection points.

Tidemark

Tidemark is a growth equity firm focused on scaling industry-leading companies, supported by a robust network of C-level operators and a commitment to long-term business fundamentals.

Left Lane Capital

Left Lane Capital is a New York-based growth equity firm specializing in high-growth consumer internet and technology companies that demonstrate strong customer relationships and category-defining potential.

What's next for Onfly?

With the successful closure of this major strategic investment, Onfly is well-positioned to scale its operations across Latin America and further refine its enterprise-grade software suite. The influx of capital will likely be directed toward enhancing the platform's AI-driven expense automation capabilities and expanding its service offerings to meet the evolving demands of modern corporate travel. By leveraging the operational expertise of its new and existing investors, Onfly aims to solidify its market leadership, improve client retention, and continue its trajectory of sustainable, high-growth performance in the competitive travel technology ecosystem.

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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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