Options Away, an airfare lock startup, raises $3.5 million
Options Away, a provider of a service for locking in airfares as a hedge against airline price hikes, has locked in $3.5 million of fresh funding.
The Series A equity round was led by OCA Ventures. Also participating were Thayer Ventures and Pritzker Group Venture Capital.
In total, the Chicago-based startup has raised $5.5 million to date. It declined to say what valuation this round places on it.
Options Away offers the ability to book today’s price on a future date on tickets for flights from US origins to North American destinations. It plans to use the funding to enter more international markets by June.