Flyr has secured $150 million from a string of high-profile venture capital organizations
A Series C round of $150 million from a string of high-profile venture capital organizations has been secured by Flyr. The U.S.-based company has won the backing from lead investor and growth equity company WestCap.
Others participating in the round include Silver Lake Waterman, WindrCo, Peter Thiel, Streamlined Ventures, JetBlue Technology Ventures and Gopher Asset Management. It is Flyr’s largest round to date, following a Series B investment of $22 million in June 2019.
The fresh round of capital will be used build out technology, develop its customer service team and support strategic acquisitions.
Flyr claims the buiness will be managing more than $14 billion of revenue for its airline customers.