6 years ago

Upgrade Pack Secures £1.75 Million Funding to Expand Travel Upgrade Platform

  • Upgrade Pack, a UK-based travel upgrade platform, has raised £1.75 million in new funding

  • The company plans to use the funds to launch its travel tech platform, expand into North America with a Toronto office, and accelerate APAC operations

  • The funding increased Upgrade Pack's market cap to £23 million 18 months after its establishment

  • Upgrade Pack provides an app that offers exclusive flight and hotel upgrades as part of a loyalty-based membership

  • The company will launch its platform this year after onboarding its first banking client, which will roll out the app to its high-net-worth (HNW) customers.

      • ProblemTravel

      "Upgrade Pack is addressing the need for a platform that offers exclusive flight and hotel upgrades to high-net-worth customers and corporate employees at discounted rates."

      Solution

      "Upgrade Pack provides an app that connects directly to airline and hotel APIs, offering live and exclusive premium seat and room upgrades at savings of 15% to 35% through a loyalty-based membership."

      Covered on