Flapper operates an asset-light marketplace that lets customers quote and book charters via a mobile app from a safety-vetted pool of roughly 2,500 aircraft and buy seats on pre-scheduled flights. Its proprietary quotation system can estimate and arrange a charter in under two hours, and the company runs per-seat helicopter transfers and crowdsourced “Flapper Specials” including empty legs in Latin America and Europe. Management says the business is expanding vertically into aircraft management and will launch a fractional aircraft management program to let owners buy shares in selected jets and turboprops the company will operate indirectly. Flapper has signed letters of intent with multiple OEMs to catalyze entry of electric aircraft and its CEO sits on the advisory boards of Eve and Supernal. Financially, Flapper reported 38% year-on-year revenue growth in Q1 2024, a 50% reduction in costs, and turned a profit that quarter; the company also reports 400,000 mobile app users. The company maintains a local presence in the US, Europe, Argentina, Brazil, Chile, Colombia and Mexico and operates in the Middle East and India through its network of associates. Flapper is a Belo Horizonte, Minas Gerais, Brazil–based private aviation company that provides aerial mobility solutions using jets, turbo-props and helicopters. The company leverages proprietary inventory and technology and has signed partnerships with firms such as Embraer and Electra to improve the flight experience. Flapper reports 350,000 users of its app, mostly from Latin America, and currently operates in Argentina, Brazil, Chile, Colombia, Mexico, as well as Florida (USA) and Portugal (EU). It raised US$5.6M in a Series A and has approximately US$9M in total funding to date. The company intends to use the Series A proceeds to consolidate its market position in Latin America. Flapper is led by CEO Paul Malicki and emphasizes international experience combined with its technology and partner network to expand regionally.

Total raised

$6M

Funding rounds

2

Latest round

Series A

Latest activity

Dec 2022