What is Onfly?
Founded in 2018 and headquartered in Belo Horizonte, Brazil, Onfly operates within the travel technology industry. The company provides a comprehensive platform designed for corporate travel and expense management, integrating services such as flight, hotel, car rental, and bus bookings. Additionally, Onfly facilitates expense management and offers corporate credit card solutions. Its core mission is to streamline business travel processes, enhance transparency, and reduce operational costs for its clientele. With a customer base exceeding 1,800 clients, Onfly is actively expanding its footprint across Latin America.
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 Tidemark, General Catalyst, and Left Lane Capital
Key Investors in Onfly
Tidemark
Tidemark is a growth equity firm focused on fostering the success and scalability of companies, investing between $20 million to $150 million to support industry leaders.
General Catalyst
General Catalyst is a venture capital firm that identifies and supports transformational business opportunities across various sectors and stages, partnering with entrepreneurs to accelerate growth and build enduring enterprises.
Left Lane Capital
Left Lane Capital is a venture capital and growth equity firm investing in high-growth consumer internet and technology companies, partnering with entrepreneurs creating category-defining businesses.
What's next for Onfly?
The recent major strategic investment signals a new phase of expansion and development for Onfly. This capital infusion is expected to fuel further technological advancements in its corporate travel and expense management platform, potentially enhancing AI-driven features for personalized travel planning and cost optimization. Onfly is likely to leverage this backing to deepen its market penetration in Latin America and explore new service offerings. The company's trajectory suggests a focus on solidifying its leadership in the corporate travel tech space through strategic partnerships and continued innovation.
See full Onfly company page
