Flapper Raises US$5.6M in Series A Funding

Flapper, a Belo Horizonte, Minas Gerais, Brazil-based personal aviation firm for LatinAmerica, raised US$5.6M in Series A funding.

Backers included DXA, and Arien Invest.

The firm, which has raised approx. US$9M in complete funding thus far, intends to make use of the funds to consolidate its market place in LatinAmerica.

Led by Paul Malicki, CEO, Flapper gives aerial mobility options to ship an improved flight expertise by way of jets, turbo-props and helicopters. The firm leverages proprietary stock and expertise, mixed with worldwide expertise, and quite a few partnerships signed with firms akin to Embraer and Electra.

Flapper now has 350,000 customers of its app, principally from Latin America. Today, Flapper is current in Argentina, Brazil, Chile, Colombia, Mexico, in addition to Florida (USA) and Portugal (EU).



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