OneAir AI

Travel App For A New Generation of Travelers Powered By AI

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Security Type
CAFES
Categories
Technology, Travel, Community & Lifestyle, Retail
Min Investment
$200
Location
Middletown, DE
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$124.00K
No. Investors
57
Security Price
$1
Website
oneair.ai
Number of Employees
9
Cash
$27,797
Revenue
$0
Short Term Debt
$16,054
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-102,649

Key Deal Facts

OneAir’s mission is to inspire the new generation of travelers to explore the world on a budget.
Powered by AI, OneAir is an all-in-one, members-only, personalized flight deal platform.
Grew new signups over 300% MoM and $75K GMV in just 3 months since launch.
Freemium subscription model with a consistent 10% conversion from "Free" to "Paid " plans.
Investors include OneAir beta members and travel industry veterans. Join the travel revolution!
Addressing next-gen US market of 151M millennials and Gen Zers with $350B in travel spending power.
Leadership and advisory team from Netflix, Pfizer, PWC, Stanford & Guardant health.
Expand globally into Canada and India by early 2024. Singapore, Australia, Germany and UK by 2025

Management Team / Advisory Board Bios

Rahul Ramadoss CEO and Co-founderAs the CEO of OneAir, Rahul is the driving force behind the platform's development and future path. Previous to founding OneAir, Rahul held management roles at Netflix, Namco Bandai Games, Pfizer, Gilead Sciences and Guardant Health., Kali Pothuraju CTO and Co-founderPrior to co-founding OneAir, Kali held technical leadership roles and spent over 25 years in diverse industries and successful startups such as Guardant Health, Adaptive Biotech., Sriram Sundararajan Advisor | InvestorEx-PwC, Adjunct Professor at Stanford, Adjunct Faculty of Marketing at Santa Clara University, Entrepreneur, Startup Advisor and Investor, Peter Lee Advisor | InvestorExperienced technology and operational executive delivering high-growth, global consumer solutions for Oracle, Netflix, Intuit, and Lensway. Board member and advisor to various consumer startups., Rupesh Velji Advisor | InvestorDynamic and accomplished travel industry veteran with an illustrious 23+ years of expertise in the airlines industry. Possesses an in-depth understanding of the intricacies within the travel industry ecosystem.
Amount Raised : $331,200
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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