AirHelp Raises $12M

What does AirHelp do?

AirHelp, is a Y-combinator backed passenger rights company. This helps air passengers in getting compensation from airline when their flights get delayed, cancelled or overbooked. Passengers can access this service through its official Facebook page or its mobile app on Android and iOS devices. The company takes care of all the legal communications and paperwork with the airline on behalf of the passengers and claims a quarter of the compensation obtained for its service. The compensation price can be between $170 to $650 depending on the distance flown by the flight and delay duration experienced by the passenger at the final destination.

How much AirHelp was funded?

The company has raised $12M in Series A on August 3, 2016 from U-Start, Jimmy Maymann, Galvanize Ventures, Naval Ravikant, Evan Williams and Khosla Ventures.

Previous funding

$4.7M on March 14, 2014 from Y Combinator, Ev Williams, Khosla Ventures, Fenox Venture Capital, Naval Ravikant,  Galvanize Ventures, New Europe Ventures,Rouven Dresselhaus, LLC, U-Start,  Badr Al-Rumaih, Universal Music Group and Zillionize Angel.

What is next for AirHelp?

AirHelp’s latest funding is the biggest raise among the JaaS companies to current date. The company plans on using the funding for making it simpler for passengers in asserting their consumer rights when they experience flight problems, and for further establishing the company’s position as the biggest passenger rights company on the globe.

More about AirHelp

AirHelp was founded on January 25, 2013 by Henrik Zillmer, Greg Roodt and Nicolas Michaelsen. It has its headquarters in New York, New York. The company fights for air passengers who are not sure of their rights, who do not have the time or the knowledge for getting their compensation claim processing independently. The company has helped more than 90,000 passengers to date for a total of eighty-five million USD in flight disruption compensation for those travelling by air around the globe.