Culver City FlitWays Raises $1.2 Million to Expand Ground Transportation for Business Travellers

CULVER CITY, CA -- Culver City-based FlitWays, ground travel company that specializes in ground travel for corporations and travel resellers, announced Tuesday that it is raising an additional $1.2 million for its Series A Financing round following its recent successful exit into the public markets.

The company has already secured and received $700,000 from private investors and the company founder, an additional $500,000 in a signed agreement that will be paid over a period of time lasting no longer than 30 days.

FlitWays was founded in 2013 to solve the first/last mile problem for business travelers worldwide. FlitWays created a platform that encompasses rideshares, taxis, executive cars, and shuttles in almost 200 cities around the world. FlitWays solves the problem by creating unique curated mobility solutions for corporations and travel resellers.

After partnering with major organizations like TUI Group, Xerox, Megabus, and many more, FlitWays continues to dominate the B2B segment of the industry by supplying affordable and reliable ground transportation to major travel companies.

"FlitWays goal is to empower corporations and travel resellers to provide an experience, a true seamless journey with convenience and affordability," FlitWays founder Tobi Mac said. "The additional capital will be used to accelerate our growth and innovation, including our ongoing international expansion plan to new markets and deliver on our vision around the world."

Recently, FlitWays announced international expansion plans in South America and Southeast Asia that include more than 40 new cities with more being added. FlitWays will use the secured capital to focus on growth and expansion to new markets.

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