UK fintech startup Upgrade Pack closes £1.3m investment round
- Share this
- Share on Facebook
- Share on Twitter
- Share on LinkeIn
UK fintech Upgrade Pack has announced a new £1.3m private investment round, bringing total funds raised for its travel upgrades platform to £3.4m since launching a year ago.
Delivered as an app, Upgrade Pack connects directly to airline and hotel APIs, enabling users to access live, premium seat and room upgrades at a typical saving of 15% to 35% through its closed online marketplace.
The latest round now values the company at £15m and will see investor and philanthropist David Brownlow join the Board as company Chairman. The new capital will help drive Upgrade Pack’s expansion into North America and Asia-Pacific as it rolls out its service to clients, partners, and users worldwide. The company’s £500,000 Seedrs campaign in April was oversubscribed in just five days as anticipation of the app continues to grow.