
Options Away
Chicago, IL, United States
Overview
Options Away provides a solution that integrates into the travel-technology ecosystem to let flyers lock in the price of their flight for up to 21 days while deciding. The company was founded in 2012 by Robert and Heidi Brown, who serve as CEO and CMO respectively. Options Away has built a proprietary technology platform that integrates with travel partners. It plans to use new funding to further scale via sales, marketing and partnering, including expanding into international markets. The company also intends to continue building out and refining its proprietary technology platform. In March 2015 it completed a $3.5M Series A to support these efforts. Options Away is a fully accredited travel agency that provides consumers the ability to hold fares on prospective flights for a small fee, giving buyers extra time to decide. Their product is an option on an airline fare, marketed to consumers as additional time to decide and to avoid hasty commitments. Founded by Robert and Heidi Brown and based in Chicago, IL, the company is led by COO Michael Harbin and CTO Don Bodnar. On January 31, 2014, Options Away raised $1.1M in financing from new and existing investors. The company previously raised $600K in seed funding in 2013. Proceeds will be used to pursue integration of its solution with key strategic partners.
- Total raised
- $5M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Mar 2015
Industries
- E-Commerce
- Travel
Recent funding
Series A
Mar 2015
$4M
Equity
Jan 2014
$1M
Team
No current team members are available.