Options Away, a Chicago, IL-based company that allows consumers to lock-in flight prices, raised $3.5m in Series A funding.
The round was led by Chicago-based OCA Ventures with participation from Thayer Ventures, Pritzker Group Venture Capital, Martyn Williams, Don Carty, and Howard Tullman. In conjunction with the funding, Peter Ianello, Co-founder and General Partner of OCA Ventures, and Jeff Jackson, Managing Director at Thayer Ventures, joined Options Always’ board.
The company intends to use the funds to further scale its solution via sales, marketing and partnering, including expanding into international markets, and to further build out and refine its proprietary technology platform.
Founded in 2012 by Robert and Heidi Brown, who act as CEO and CMO respectively, Options Away provides a solution that integrates into the travel technology ecosystem to let flyers lock-in the price of their flight for up to 21 days while deciding.
FinSMEs
03/03/2015