Options Away is a pioneering online travel agency that introduces a disruptive way for consumers to manage their travel plans. Established in 2012 and headquartered in the United States, the company offers a unique feature allowing customers to hold their flights for extended periods while they finalize their travel arrangements. Leveraging financial options market concepts and technologies, Options Away empowers customers to pay a small upfront fee, securing a locked-in fare and ensuring they never pay more even if the flight price increases. Additionally, the platform notifies customers of any fare decreases, providing a win-win situation. With its distinct direct-to-consumer solution for holding airline tickets, as well as APIs for strategic partners, the company has attracted $3.50M in Series A investment from prominent backers such as OCA Ventures, Pritzker Group, and Thayer Ventures on March 3, 2015. The team's combined expertise from the financial and travel industries reflects their commitment to delivering exceptional flexibility in travel bookings and outstanding customer service. This rebranded continuation of BitBend.com has found solid backing and presents significant potential in the E-Commerce industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $3.50M | 3 |
|
03 Mar 2015 |
| Seed Round | $1.10M | - | 02 Feb 2014 | |
| Seed Round | $210.00K | - | 25 Sep 2013 | |
| Seed Round | $200.00K | - | 01 Jul 2013 | |
| Seed Round | $375.00K | - | 05 Mar 2013 |
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