Options Away - About the company
Options Away is a deadpooled company based in Chicago (United States), founded in 2012. It operates as an Online platform for blocking flight tickets. Options Away has raised $6.39M in funding from OCA Ventures. The company has 130 active competitors, including 9 funded and 1 that has exited. Its top competitors include companies like Omio, Avelo Airlines and Blue Islands.
Company Details
Options Away allows consumers to hold their flights for days while they finalize their travel plans. Options Away leverages the concepts and technologies of the financial options markets and applies them to the travel industry. Customers can pay a small fee up front and if the price of the flight increases booking is done at the the locked-in fare.and if the price of their fare decreases users pay the reduced fare.
- Website
- optionsaway.com
Key Metrics
Founded Year
2012
Location
Chicago, United States
Stage
Deadpooled
Total Funding
$6.39M in 9 rounds
Latest Funding Round
Investors
Ranked
20th among 130 active competitors
Employee Count
2 as on Apr 30, 2026
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Options Away's funding and investors
Options Away has raised a total funding of $6.39M over 9 rounds. Its first funding round was on Sep 12, 2012. Its latest funding round was a Grant (prize money) round on Jun 01, 2015 for $*****. 1 investor participated in its latest round. Options Away has 6 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Options Away:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 01, 2015 | 9373656 | Grant (prize money) | 3125141 | 2419924 | 6130403 | 1837600 |
Mar 02, 2015 | 5452291 | Series A | 2740002 | 1832366 | 6347981 | |
Jan 31, 2014 | 8562112 | Seed | 4528855 | 5874203 | 5544358 | 3148673 |
View details of Options Away's funding rounds and investors
Options Away's founders and board of directors
Founder? Claim ProfileOptions Away's employee count trend
Options Away has 2 employees as of Apr 26. Here is Options Away's employee count trend over the years:
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Options Away's Competitors and alternates
Top competitors of Options Away include Omio, Avelo Airlines and Blue Islands. Here is the list of Top 10 competitors of Options Away, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based platform for booking transport services | $486M | 80/100 | ||
2nd | Avelo Airlines 2020, Houston (United States), Series B | Operator of passenger airline providing scheduled air transportation services | $193M | 68/100 | |
3rd | Blue Islands 1999, Jersey City (United States), Funding Raised | Online platform to discover & book flight tickets | - | 46/100 | |
4th | Airfordable 2016, Chicago (United States), Seed | Fly now, pay later: Flexible flight installment plans | $120K | 44/100 | |
5th | Jack's Flight Club 2016, Camden (United States), Acquired | App-based platform to discover & book flight tickets at discounted prices | - | - | 43/100 |
6th | Scott's Cheap Flights 2015, Boulder (United States), Unfunded | Online platform to discover & book airline tickets at discounted price | - | - | 42/100 |
7th | Cheapflightsfares 2014, Cleveland (United States), Unfunded | Find cheap flights and travel deals for your dream destination | - | - | 39/100 |
8th | SkyHi 2016, Los Angeles (United States), Seed | App that provides subscription-based flight ticket booking platform | $230K | 39/100 | |
9th | StayCircles 2016, Philadelphia (United States), Unfunded | Online platform to book airline tickets | - | - | 38/100 |
10th | WayAway 2022, Los Angeles (United States), Unfunded | Online platform offering discounts and cashback on flight ticket purchases | - | - | 37/100 |
20th | Options Away 2012, Chicago (United States), Deadpooled | Online platform for blocking flight tickets | $6.39M | 31/100 |
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Options Away's Investments and acquisitions
Options Away has made no investments or acquisitions yet.
Reports related to Options Away
Here is the latest report on Options Away's sector:
News related to Options Away
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Options Away Raises $3.5M in Series A Funding to Scale its Air Travel Big Data Solution Worldwide PRWeb•Mar 03, 2015•Options Away, OCA Ventures, Thayer Ventures, Pritzker Group
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Options Away Raises $3.5M in Series A Funding |FinSMEsFinSMEs•Mar 03, 2015•Options Away, OCA Ventures, Thayer Ventures, Pritzker Group
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Options Away Raises $1.1M from Local and International Investors - Consumers Can Now Hold Flights and Save Money PRWeb•Jan 31, 2014•Options Away
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Piranha Tank at Chicago Ideas Week: Options Away wins Piranha Tank startup pitch competition - tribunedigital-chicagotribuneChicago Tribune•Oct 20, 2013•Options Away, SVB
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Options Away Raises $3.5 Million to Lock-in AirfareStreetwise Media•Options Away, OCA Ventures, Thayer Ventures, Pritzker Group
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Options Away Raises $3.5M in Series A FundingMassinvestor•Options Away, OCA Ventures, Thayer Ventures, Pritzker Group
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