What is Onfly?
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:
Unspecified
$380K
Series A
$16M
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.
See full Onfly company page