Fundz

Flapper secures Series A extension funding to expand technology and launch fractional aircraft management program

PRIVATEJun 20, 2024

Amount Raised

$20 Million

Round Type

Series A

Belo HorizonteTransportationTravelAir TransportationAerospace

Investors

SmuIvcArien InvestConfraparDxaAce VenturesAerotec

Description

Flapper has raised an undisclosed amount of funding as part of its Series A extension. Existing late-stage investors including private-equity fund DXA, VC fund Confrapar, alternative investments fund Arien Invest, and investment vehicles IVC and SMU contributed to the funding. The new funds will be allocated to technology improvements, potential M&As, and the launch of a fractional aircraft management program.

Quick answer

Flapper raised $20 Million in a Series A round, dated June 20, 2024. Investors: Smu, Ivc, Arien Invest, Confrapar, Dxa, Ace Ventures and Aerotec. Flapper is based in Belo Horizonte, Minas Gerais, Brazil.

How much did Flapper raise?
Flapper raised $20 Million in a Series A round on June 20, 2024.
Who invested in Flapper?
Smu, Ivc, Arien Invest, Confrapar, Dxa, Ace Ventures and Aerotec are named as investors in this round.
What does Flapper do?
Flapper draws together the best helicopter and private jet fleets to deliver a revolutionary private flight experience.
Where is Flapper based and how big is it?
Flapper is based in Belo Horizonte, Minas Gerais, Brazil.
Who are the decision-makers at Flapper?
Fundz holds 1 contact at Flapper. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Travel around the same time

Companies in the same sectors as Flapper that raised within 45 days of this round, from Fundz verified event records.

  • Volant Aero raised $13M (Series A) on July 5, 2024.
  • Momentus raised an undisclosed amount (Convertible Note) on July 18, 2024.
  • LimoLane raised $38M (Private Equity) on July 12, 2024.
  • MRO Holdings raised an undisclosed amount on July 9, 2024.
  • Archer Aviation raised $55M on July 2, 2024.
  • Seaplane Asia raised $80M (Funding Round) on June 10, 2024.

Who to call at Flapper, and when

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Company Information

Company

Flapper

Location

Belo Horizonte, Minas Gerais, Brazil

About

Flapper draws together the best helicopter and private jet fleets to deliver a revolutionary private flight experience. Have it your way - indulge in a private jet charter or join other Flapper members on a shared flight. With Flapper, you save up to 5-30% on your air charter. Actively working with more than 100 air taxi operators, Flapper guarantees the most complete private aviation offer, including jets, turbo-props and helicopters. Our proprietary inventory and technology, combined with international experience, makes us a reliable partner for executive flights, medical assignments and cargo missions. We are Wyvern- and ARGUS-certified and possess impeccable safety records. Our revolutionary shared flights service allows you to fly on private aircraft at the price of Premium Economy. With numerous partnerships signed with companies such as Embraer and Electra, we are committed to zero emission air mobility and democratization of aviation as core pillars of vision moving forward.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Flapper raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.