AllFly, which describes itself as "innovative travel technology startup based in Orlando, Florida", has been allocated $2.4 million in funding in a deal led by Lightbank with participation from Corazon Capital.
AllFly said it "aims to simplify and streamline the group and event travel space by offering a suite of products designed to help tour operators, meeting planners, and businesses plan, book, and manage group travel" and added it would use the cash infusion to "expand product offerings in the corporate meetings and events space with an exciting slate of feature updates to drop this summer".
"For millions of group customers, buying and managing group air travel is really hard. Whether it's waiting on the phone for a group quote from the airlines or having a company of 70 people book individual flights to Cancun, there is so much of the process that happens offline," said chief executive Eric Peterson.
"At Lightbank, our focus is on identifying companies that have the potential to transform large under-served markets, and AllyFly is a great example," said the bank's Bill Pescatello, who is joining AllFly's board.