Flight Disruption Startup Freebird Snares Funding from General Catalyst and Accomplice
Photo Credit: Freebird co-founders Sam Zimmerman (left) and Ethan Bernstein, CEO, have raised a fresh round of funding. Freebird
Skift Take
It's nice when folks smarter than us land on the same dime. General Catalyst and Accomplice, the famed venture capital firms, join us in seeing promise in Freebird, which gives corporate travel agencies superpowers when it comes to rebooking travelers.
Freebird, a business-to-business startup whose predictive technology enables agents to sell smarter flight insurance and rebooking services, was namechecked by Skift last month twice in our lists of 17 travel startups to watch in 2017 and the 11 most interesting corporate travel startups.
This week the Boston-based company says it has received $5 million in fresh funding in an "inside round" by its previous investors. The investment round was co-led by General Catalyst, the venture firm that was early to spot meteoric companies such as Airbnb, Kayak, and ITA Software, and Accomplice, whose investments have included eDreams, KDS, and Secret Escapes.
The equity investment brings the startup's total funding to $8.5 million.
Freebird helps the typical corporate traveler whose flight has been canceled to more quickly and cheaply rebook on another one.
The startup says it has signed up eight travel management companies (TMCs) as clients for its service. Altour, Options Travel, Sa
