Bonflite is an innovative e-commerce solution for travel retail shopping, aiming to address the outdated model of travel retail shopping for airlines, duty-free operators, and airports. Founded in 2017 and headquartered in Ireland, Bonflite offers a platform powered by big data intelligence that allows air travelers to purchase duty-free items at any time and collect them anywhere. The company collaborates with airlines and airport duty-free operators to enhance duty-free sales, increasing conversion rates and average order value, and generating new revenues with minimal to zero capex.
The last investment round for Bonflite, a $120.00K Pre-Seed Round, took place on 27 January 2020 and was led by Techstars. With a focus on revolutionizing the travel retail shopping experience, Bonflite has positioned itself as a disruptive force in the E-Commerce, Internet, and Retail industries.
Overall, Bonflite's unique approach to travel retail and its successful track record in fundraising demonstrate its potential for growth and innovation in the industry.