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Brazil’s Onfly Raises $40M to Expand Corporate Travel Tech Across Latin America

  • Brazil-based travel tech company Onfly has raised $40 million in Series B funding to expand its corporate travel and expense management platform across Latin America.
  • The funding round was led by Tidemark, with participation from Endeavor Catalyst and Left Lane Capital.
  • Onfly plans to use the funding to accelerate technology development, focus on AI integration, expand marketing and sales efforts, and support international growth.
  • The company aims to onboard 2,500 clients in Mexico as part of its expansion into Latin America's second-largest corporate travel market.

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