SkyHi is the first on-demand service for commercial airline tickets
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Apple Valley
State: California
Zip:
Country: United States
There is an inefficiency in the current airline booking process which allows, on average, 20% of seats worldwide to go unsold, leaving over $200B in missed revenue. Airlines are unable to capture the full potential of the market. SkyHi fills this void by allowing airlines to showcase seats that will likely go unsold to a large user base of potential passengers who can fill those seats. SkyHi members pay a low monthly subscription fee and can claim up to 5 one way flights per month. Members can fly on any of the 800+ SkyHi routes. They can claim one flight at time, and are free to claim another seat as soon as they arrive at their destination. Each time a member claims a flight, they are charged a flat booking fee. By removing pricing from the decision making process, we are providing members even more freedom while filling empty seats on routes that are inefficient. This also helps target a growing demographic of last minute travelers.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2020 | Equity Crowdfunding | $291k | 7/2018 | Pre Seed Round | 2 | - |
Techstars Techstars Mobility Accelerator Techstars Techstars Mobility Accelerator |
7/2019 | Debt Financing | $230k | 7/2018 | Pre Seed Round | 2 | - |
Techstars Techstars Mobility Accelerator Techstars Techstars Mobility Accelerator |
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