Options Away, a Chicago, IL-based platform that allows consumers to hold flights while they finalize their travel plans, raised $1.1m in financing.
Backers included new and existing investors.
The company, which had already raised $600K in seed funding in 2013, intends to use the funds to pursue its strategy to integrate its solution with key strategic partners.
Founded by Robert and Heidi Brown, Options Away is a fully accredited travel agency that provides customers with the ability to hold fares on their prospective flights for a small fee, eliminating the need for hasty commitments.
Their product is an option on an airline fare, marketed to consumers as additional time to decide.
The company’s management team is led by COO Michael Harbin (tech/travel) and CTO Don Bodnar (tech/finance).