Option Way

Valbonne, France Founded: 2013 • Age: 13 yrs
Online marketplace for booking air tickets
Annual revenue $913,203 Latest available
Total funding $1.4M 3 rounds
Employees 217 Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 6 Brand Intelligence

About Option Way

Option Way is a company based in Valbonne (France) founded in 2013. Option Way has raised $1.36 million across 3 funding rounds from investors including Bpifrance, European Union and WiSEED. The company has 217 employees as of April 04, 2024. Option Way offers products and services including Flight Booking Service. Option Way operates in a competitive market with competitors including Air Caraïbes, CitizenPlane, Winwinly, OneWayFly and FlyScribe, among others.

  • Headquarter Valbonne, France
  • Employees 217 as on 04 Apr, 2024
  • Sectors
    Travel & Hospitality
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Jurisdiction Thiruvananthapuram, Kerala, India
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $913.2 K (USD)
    75.87
    as on Mar 31, 2021
  • Net Profit
    $54.4 K (USD)
    59.66
    as on Mar 31, 2021
  • EBITDA
    $81.69 K (USD)
    71.48
    as on Mar 31, 2021
  • Total Equity Funding
    $1.36 M (USD)

    in 3 rounds

  • Latest Funding Round
    $57.2 K (USD), Grant

    Jan 31, 2019

  • Investors
    Bpifrance

    & 3 more

  • Employee Count
    217

    as on Apr 04, 2024

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Products & Services of Option Way

Option Way offers a comprehensive portfolio of products and services, including Flight Booking Service.

Product name locked
Category locked
Primary

Platform for reserving flight tickets with competitive pricing and insurance

Funding Insights of Option Way

Option Way has successfully raised a total of $1.36M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $57.2 thousand completed in January 2019. 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.

Investors in Option Way

Option Way has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Bpifrance, European Union and WiSEED.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Equity crowdfunding is facilitated for French startups and real estate.
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Investor details for Option Way

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Investments & Acquisitions by Option Way

Investments
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Investment portfolio details for Option Way

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Financial Statements - Option Way

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Detailed financials for Option Way

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Option Way Comparisons

Option Way Primary company
Description
Online marketplace for booking air tickets
Location
Valbonne, France
Founded Year
2013
Annual Revenue
$913.2 K (USD)
Net Profit
$54.4 K (USD)
EBITDA
$81.69 K (USD)
Employees
217
As of 2024
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Peer comparison for Option Way

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Option Way

Option Way 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 Air Caraïbes, CitizenPlane, Winwinly, OneWayFly and FlyScribe, among others.

Company Name Domain Founded year HQ Location Description
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Flight tickets are booked online by travelers through the platform.
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CitizenPlane is recognized for providing airline operating systems.
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Operates a web-based marketplace for booking pilots.
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Operates a digital hub for booking flight tickets conveniently.
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Operates a digital platform for easy flight ticket booking.
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Detailed competitors of Option Way

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Latest news on Option Way

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Complete news archive for Option Way

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Frequently Asked Questions about Option Way

Option Way was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Option Way is headquartered in Valbonne, France. It is registered at Valbonne, Provence-alpes-cote D'azur, France.

Mathieu Chauvin is the current CEO of Option Way.

Option Way is a funded company, having raised a total of $1.36M across 3 funding rounds to date.

As of Apr 04, 2024, the latest employee count at Option Way is 217.

Annual revenue of Option Way is $913.2K as on Mar 31, 2021.

Option Way was founded in 2013 in Valbonne, France, as an online platform in the travel sector. Flight availability is searched and checked by users, prices are compared across options, and tickets are booked directly. Over 300 airlines are integrated into the system as of October 2017, supporting global bookings through the website optionway.com.

Option Way's top competitors include Air Caraïbes, CitizenPlane and Winwinly.

Option Way offers Flight Booking Service.

Option Way has 4 investors. Key investors include Bpifrance, European Union, WiSEED, and EIC Fund.

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