About Flightright
Flightright is a company based in Potsdam (Germany) founded in 2010 was acquired by Intermedia Vermogensverwaltungs in February 2019.. The company has 59 employees as of December 31, 2021. Flightright offers products and services including Compensation Claim Service and Flight Problem Support. Flightright operates in a competitive market with competitors including Airhelp, RightNow, ClaimCompass, Geld Fur Flug and Reclamador, among others.
- Headquarter Potsdam, Germany
- Employees 59 as on 31 Dec, 2021
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Sectors
Professional & Legal ServicesTravel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flightright Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
bmp Ventures
& 1 more
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Employee Count
59
as on Dec 31, 2021
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Acquired by
Intermedia Vermogensverwaltungs
(Feb 01, 2019)
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Products & Services of Flightright
Flightright offers a comprehensive portfolio of products and services, including Compensation Claim Service and Flight Problem Support. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enforces claims for flight delays and refunds under EU law
Assists with cancellations and overbookings for passenger rights
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Funding Insights of Flightright
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2011 | Amount | Seed - Flightright | Valuation | Bmp Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flightright
Flightright has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include bmp Ventures and Intermedia Vermogensverwaltungs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided to early-stage and growth startups.
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Founded Year | Domain | Location | |
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Private equity firm focused on SaaS, legaltech, and B2B media sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flightright
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flightright
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flightright Comparisons
Competitors of Flightright
Flightright operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airhelp, RightNow, ClaimCompass, Geld Fur Flug and Reclamador, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Compensation for flight delays and cancellations is managed for passengers.
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| domain | founded_year | HQ Location |
Online platform to claim compensation for multiple services including flight delay
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| domain | founded_year | HQ Location |
Online dispute resolution
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| domain | founded_year | HQ Location |
Refunds for canceled flights are secured via an online platform.
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| domain | founded_year | HQ Location |
Compensation for delayed flights is claimed through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Flightright
When was Flightright founded?
Flightright was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Flightright located?
Flightright is headquartered in Potsdam, Germany. It is registered at Potsdam, Brandenburg, Germany.
How many employees does Flightright have?
As of Dec 31, 2021, the latest employee count at Flightright is 59.
What does Flightright do?
Flightright was founded in 2010 in Potsdam, Germany, within the travel law sector. Services are provided for European air passengers, where rights are asserted and all paperwork is handled on their behalf. Operations involve close collaboration with airlines to resolve claims, with fees structured as a fixed percentage of successful outcomes. Focus is placed on claims management across Europe.
Who are the top competitors of Flightright?
Flightright's top competitors include Airhelp, ClaimCompass and RightNow.
What products or services does Flightright offer?
Flightright offers Compensation Claim Service and Flight Problem Support.
Who are Flightright's investors?
Flightright has 2 investors. Key investors include bmp Ventures, and Intermedia Vermogensverwaltungs.