About Fly Beond
Fly Beond is a company based in Dubai (United Arab Emirates) founded in 2021 by Sascha Feuerherd, Max Nilov, and Tero Taskila.. Fly Beond has raised $55 million across 3 funding rounds. Fly Beond operates in a competitive market with competitors including Fly By Miles, Seeru, SteadyFare and Travelotleh, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Sascha Feuerherd, Max Nilov, Tero Taskila
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$55 M (USD)
in 3 rounds
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Latest Funding Round
$25 M (USD), Series A
Dec 11, 2023
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Investors
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Employee Count
Employee Count
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Funding Insights of Fly Beond
Fly Beond has successfully raised a total of $55M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $25.0M
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First Round
First Round
(08 Aug 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Series A - Fly Beond | Valuation |
investors |
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| Dec, 2023 | Amount | Seed - Fly Beond | Valuation |
investors |
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| Aug, 2023 | Amount | Seed - Fly Beond | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Fly Beond
| 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 - Fly Beond
| 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 |
Fly Beond Comparisons
Competitors of Fly Beond
Fly Beond 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 Fly By Miles, Seeru, SteadyFare and Travelotleh, 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.
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Flight tickets are booked through an online platform.
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Functions as an online platform for flight ticketing services.
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| 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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fly Beond
Frequently Asked Questions about Fly Beond
When was Fly Beond founded?
Fly Beond was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Fly Beond located?
Fly Beond is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Fly Beond?
Tero Taskila is the current CEO of Fly Beond. They have also founded this company.
Is Fly Beond a funded company?
Fly Beond is a funded company, having raised a total of $55M across 3 funding rounds to date. The company's 1st funding round was a Seed of $17M, raised on Aug 08, 2023.
What does Fly Beond do?
Fly Beond was established in 2021 in Dubai, United Arab Emirates, as an online platform in the travel sector. Flight tickets are booked by users who provide departure locations, destinations, personal details, payment information, preferred travel dates, and passenger numbers. Operations focus on facilitating seamless reservations for domestic and international flights, with core services centered on digital booking processes.
Who are the top competitors of Fly Beond?
Fly Beond's top competitors include Seeru, Fly By Miles and SteadyFare.