Brazilian travel tech Onfly raised a $40M Series B round led by Tidemark, with participation from Endeavor Catalyst and Left Lane Capital.
Onfly helps companies manage corporate travel and expenses, with digital booking for flights, hotels, buses, and rental cars, and an integrated corporate card.
Onfly will use the funds to accelerate AI-driven product development, expand sales and marketing, and support international growth.
Founded in 2018, Onfly has grown 110% per year over the last four years and processed $35M in payment volume through its card.
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