Flapper, a Belo Horizonte, Minas Gerais, Brazil-based private aviation company for Latin America, secured a $5.6M in a Series A funding. The investment funds of this Series A include DXA, and Arien Invest.
Flapper is the world’s largest private aviation app. Flapper provides aerial mobility solutions to deliver an improved flight experience via jets, turbo-props and helicopters. They have their own proprietary inventory system of more than 1100+ aircraft and an award-winning product, which counts 350,000 users.
The company, which has raised approximately $9 million in total funding to date, intends to use the funds to consolidate its market position in LatinAmerica.
Led by Paul Malicki, CEO, the company leverages proprietary inventory and technology, combined with international experience, and numerous partnerships signed with companies such as Embraer and Electra.
Since its launch in early 2016, Flapper has been steadily growing, building on its base in Latin America (Argentina, Brazil, Chile, Colombia, Mexico) with newer operations in Florida and now also in Portugal, as they plan to expand into Europe.
Malicki believes that, before too long, people will routinely book executive flights in the same way they order a taxi or a takeaway meal. With Flapper estimating that the global air charter market is worth in excess of $10 billion, that’s a lot of potential app users.