SaaS

$8M for the air travel industry to get SaaSy

March 28, 2023
Mystifly

Fly high with Mystifly. This Singapore-based startup is an all-in-one B2B platform for the air travel distribution business. Whether you want to start selling flights from global airlines, manage orders post-sale, handle payments or more — they've got your back.

Now, they've just raised an $8M Pre-Series B!

  • They work with 700 airlines. Oh, and 20M+ air travel bookings have been booked and settled through the platform.

Investor check. Cornerstone Venture Partners (CSVP) led the round. RSI Fund I (of Japan's Recruit Co.), Jenfi and Crusade Partners also joined in through earlier investments!

✈️ Their usual customers?

Online travel agencies, loyalty programs, e-commerce platforms, fintechs, travel management companies, travel agencies and more. Anyone who wants to sell airline tickets to their customers or audience!

  • Their 3,000+ customers include American Express Leisure Travel, JPMorgan Chase, Agoda, Travel Perk, Kiwi, MakeMyTrip, Paytm, Agoda, EaseMyTrip and Priceline.

😉 One API to rule them all

Founded in 2009, they have APIs and software solutions to make it all possible.

Forget partnering with airlines one by one! Use their customizable API to access data on flights from over 700 airlines and allow your customers to discover and book flights on your platform! Fastest. launch. ever.

  • They'll even help you calculate the best prices to offer!

Payments that actually pay the bills. Let your customers pay in their local currencies with minimal fees, prevent fraud, speed up settlement time and keep processing costs low.

  • Make a profit from each payment, and their software's designed to increase your revenue.

What happens after the sale? If your customer's flight gets canceled or they need to cancel, refund or void their ticket, their software takes care of it.

  • Automatically offer alternate flights, calculate and send penalty fees and even allow one-click refunds.

🤑 Honey, what's with the money?

They'll be doubling down on their data and tech capabilities, improving their distribution and product and growing their Singapore presence!

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