Freebird Secures $3.5M in Funding

Freebird_LogoFreebird, Inc., a Cambridge, MA-based company that allows travelers to rebook following a flight cancellation, secured $3.5m in funding.

Backers included General Catalyst, Accomplice, Slow Ventures, and other angel investors.

The compsny is using the funds to expand operations.

Led by Ethan Bernstein, co-founder and CEO, Freebird enables travelers to skip the line and instantly book a new ticket – on any airline at no additional cost – in the event of a flight cancellation, four-hour delay, or missed connection.
The mobile tool provides travelers with instant notifications in the event of a flight disruption, and offers them the ability to rebook quickly on their mobile device.
Travelers can purchase Freebird via www.getfreebird.com at any time after their itinerary is confirmed, up until approximately two days prior to departure. Currently offered for domestic US flights only, Freebird is available for a flat-fee of $19 for a one-way flight or $34 for a roundtrip flight during its winter travel and launch promotion. Following the promotion, fees will vary flight-by-flight, based on factors such as likelihood of a disruption, and will typically cost less than $30 for a one-way flight.

FinSMEs

20/10/2015

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