Colibra

company

About

Colibra Travel Buddy. Book flight tickets with no upfront cost. Pay only if your flight’s complete & arrives under 3h late

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
€2M
Industries
Travel
Founded date
Jun 7, 2018
Number Of Employee
11 - 50
Operating Status
Active

Colibra Travel Buddy: The Unified Flying Experience
One single app to combine all elements of the flight process:

- Book tickets with no upfront cost
- Pay only if your flight’s complete & arrives under 3h late
- Secure instant compensations by flight disruptions (regardless of the reason)
- Use as flights tracker to get notified of flight delays, cancellations, gate changes

Within your Colibra travel buddy you can book flight tickets and wait until your flight arrives before having to pay for a potentially bad experience. This service is entirely free for you, allowing you to book tickets within 30 days from departure and arrival and then pay the regular ticket fare if the flight arrives as agreed. In other words:

- If the flight lands with a delay of 3+ hours or more you fly for free . Colibra covers the cost.
- If your flight gets cancelled within 7 days or less prior to the scheduled departure time, Colibra pays for your flight. You can rebook and fly for free .

All this is possible at NO EXTRA COST

***

With Colibra you enjoy all our other features as well:
- Instant compensation for delays of 1h+ and cancellations within Europe (based on EU Regulation 261/2004)
- Payouts in Bitcoin (option to fix the current Bitcoin rate)
- Premium cancellation and delay protection for every flight that is over 3 hours late or cancelled (100% guaranteed)
- Boarding pass wallet - go paperless and use a QR code to get through airport security
- Flights tracker: Stay up to date with gate changes, delays, cancellations

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
€2M
Colibra has raised a total of €2M in funding over 2 rounds. Their latest funding was raised on Feb 9, 2019 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 9, 2019 Seed €2M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Colibra is funded by 1 investors. Asterion Capital LLC are the most recent investors.
Investor Name Lead Investor Funding Round
Asterion Capital LLC Seed