The company will use the funding to scale up operations and marketing while accelerating the expansion of SkySquad’s services to more airports across the country to meet customer demand
NORTH BETHESDA, Md., June 7, 2022 /PRNewswire/ — SkySquad, a technology-based travel startup whose mission is to reorient the travel industry towards improving the customer experience, today announced that the company has $1 million in seed funding. Elevate Capital led the seed funding round for SkySquad, a technology platform that pairs travelers with experienced airport handlers to provide assistance from car door to plane door and back. Other investors include TEDCO, Citrine Angels, 1219 Capital and other angel investors.
“All travelers need to do is get to the airport, and then our SkySquad travel assistants will take care of everything…”
“There is a huge need for our SkySquad Travel Assistants in the travel industry and strong customer demand. We have provided travel assistance to over 16,000 customers since December 2019. And, in the last 12 months alone, we’ve grown extremely fast 70x,” said SkySquad Founder and CEO. Julie Melnick. “We plan to use these funds to scale up our operations and marketing efforts while accelerating our expansion into more airports across the country. More travelers are finding our SkySquad travel assistants help them fly in All travelers need to do is arrive at the airport and then our team will take care of everything until our customers board the plane.”
SkySquad’s team of assistants allows travelers to focus on the pleasure of traveling and leave the stress at home. All SkySquad Assistants wear badges, have been verified by the Transportation Security Administration (TSA), and are able to escort travelers through security to the gate. At select airports, SkySquad offers expedited check-in and security clearance, allowing passengers to get from car door to door faster than ever. SkySquad offers all travelers – whether families, seniors, or anyone who needs help navigating airports and carrying luggage – the ability to travel stress-free with valuable assistance of the SkySquad team. For decades, VIP travel experiences were too expensive for most travelers. SkySquad is democratizing the Airport VIP experience by offering a new way to book airport assistance on its simple and easy-to-use online platform, with fares starting at just $49.
“We were impressed with the SkySquad team’s vision to transform the airport travel experience for all travelers to be easier and more fun,” said Nitin Rai, founder and managing partner at Elevate Capital who also joined SkySquad’s board of directors. “We are pleased to support Julie and her team with this round of funding. At Elevate Capital, we are focused on funding underserved entrepreneurs and female founders like Julie to support their innovative business ideas. We are excited to see the SkySquad’s continued growth and expansion to other airport locations across the country in the years to come.”
SkySquad’s expansion continues with the launch of SkySquad travel assistant services at Salt Lake City International Airport (its seventh operational airport) on June 13. The company plans to launch its services at three additional airports by early 2023 for a total of 10 airports across the country that will be able to offer SkySquad’s services to travelers.
SkySquad’s mission is to empower individuals and families to travel with confidence. SkySquad was founded by a mother who struggled to travel across the country with her own small children. Today, SkySquad offers airport assistance to anyone who needs a helping hand. Assistance is provided by TSA-certified airport employees with in-depth knowledge of the airport layout and an unwavering goal of helping others. SkySquad is available at Thurgood Marshall International Airport in Baltimore/Washington, Cincinnati/Northern Kentucky Airport, Ft. Lauderdale Hollywood International Airport, philadelphia cream International Airport, Ronald Reagan Washington National Airport, Salt Lake City International Airport and Washington Dulles International Airport. Visit skysquad.com and follow SkySquad on Instagram, Facebook and LinkedIn.
About Elevate Capital
Elevate Capital is a Pacific Northwest-based venture capital firm that invests nationwide in underrepresented early-career entrepreneurs, including women, BIPOC, LGBTQ+, and veterans. For example, over 62% of Elevate Capital Fund II’s investments are in women, 52% in African Americans (the majority are women), 67% in founders of color, 10% LGBTQ+, 10% in veterans, and 5 % of Latinx Founder/CEO. run startups. Since 2016, Elevate Capital has invested close to $45 million in 52 startups, more than 95% of which are led by diverse founders. Visit elevate.vc or follow Elevate Capital on Twitter, Facebookand LinkedIn.
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