How Much Did SmartFlyer Raise?
Funding & Key Investors

SmartFlyer, a comprehensive travel agency founded in 1990, has secured significant enterprise-level funding, with its total capital raised standing at $802K. The company recently announced a major strategic investment of $452K, underscoring its established position in servicing corporate and leisure travelers. This latest financing round, dated March 6, 2021, follows previous debt financing, indicating a strategic shift or expansion phase for the New York-based firm.

What is SmartFlyer?

SmartFlyer
HospitalityTours and Activities Reservations

SmartFlyer operates as a full-service travel agency, specializing in arranging flights, hotel accommodations, and crafting detailed itineraries for both corporate and leisure clients. Established by Michael Holtz, the company has built a reputation over three decades for its dedicated service in the travel sector. Its headquarters in New York, New York, positions it within a major hub for business and tourism, facilitating its operations and client outreach.

How much funding has SmartFlyer raised?

SmartFlyer has raised a total of $802K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$452K

Debt (2020): $350K with participation from PPP

Debt (2021): $452K led by PPP

Key Investors in SmartFlyer

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for SmartFlyer?

The recent major strategic investment suggests SmartFlyer is poised for significant growth or operational enhancement. Given its long history and established client base, this capital infusion is likely to be directed towards expanding service offerings, enhancing technological capabilities for corporate travel management, or potentially exploring new market segments. The enterprise-level funding context implies a focus on scaling operations and solidifying its market leadership in the competitive travel industry.

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Frequently Asked Questions Regarding SmartFlyer Financial Insights

What are the most recent funding rounds that SmartFlyer has completed, and what were the funding rounds?
SmartFlyer has recently completed 2 funding rounds: Debt on Mar 6, 2021, Debt on May 1, 2020.
What is the total amount of funding SmartFlyer has raised to date?
SmartFlyer has raised a total of $802K in funding to date.
How many funding rounds has SmartFlyer completed?
SmartFlyer has completed 2 funding rounds.
How much funding did SmartFlyer raise in its most recent funding round?
SmartFlyer raised $452K in its most recent funding round.
Who are the lead investors in SmartFlyer's latest funding round?
The lead investor in SmartFlyer's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SmartFlyer's history?
The largest funding round in SmartFlyer's history was $452K.
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