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Online Travel

RocketMiles Raises $6.5 Million to Turn Business Travelers' Hotel Bookings into Airline Miles

Samantha Shankman

Photo Credit: Rocketmiles' website seen on an iPad.  PlaceIt.net

Skift Take

Business travelers are increasingly ignoring corporate travel tools and turning to online booking sites and apps to save money and increase their rewards. Rocketmiles' mission aligns well with this traveler set that will continue to drive the startup's growth.

Rocketmiles, a Chicago-based startup that offers travelers airline miles for hotel bookings, announced today that it raised $6.5 million in a Series-A round. August Capital led the round with participation from existing investors Peterson Ventures, Link Ventures and Atlas Venture. The Chicago-based startup previously raised $2 million in seed funding in August 2013.

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