COMPANY PROFILE

FlyCoin

Explore full profile

A cryptocurrency-based travel rewards technology company

United StatesFounded 2021Fintech

Valuation $100–250M Last recorded · 2022

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

Unlock exact values

About FlyCoin

Flycoin operates a unique frequent flier loyalty program that leverages cryptocurrency to reward customers. The company serves airlines, travel, and hospitality partners, providing their customers with FLY, a crypto-based reward. Unlike traditional loyalty points, FLY is scarce, transferable, and has numerous redemption options, making it a tangible asset for users. Flycoin's business model revolves around partnerships with airlines and travel companies, such as Northern Pacific Airways and Ravn Alaska, where customers earn FLY for their transactions. The company generates revenue through these partnerships and the increasing value of FLY, which is pegged to a Floor Redemption Value (FRV) that rises annually. Flycoin aims to enhance customer loyalty by offering a reward that holds real value and can be used broadly.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2021
Headquarters: United States
Employees: 6
Open positions: None listed
Dealroom signal: 32.0/100
Industry: Travel, Fintech
Sub-industry: Crypto and DeFi
Sector: Fintech, Loyalty Program, Ethereum Ecosystem, Crypto and Web3, Hard Tech
Technology: Blockchain
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

Knowledge graph

Founder mafia, market maps, research and news connected to this company by Dealroom

Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SEED✓Equity / VC	Feb 2022	$33M	$132M	TenOneTen Ventures · Liquid 2 Ventures · Bill Foley · Josh Jones	↗

Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

FlyCoin website traffic

Latest recorded traffic for FlyCoin is 770 monthly website visits, up 45.3% over the last three months. FlyCoin's team declined 25% over the past year.

Latest monthly visits770 3-month web change+45.3% 1-year team growth-25%

Monthly website visitsOct 2022–Oct 2025

Explore monthly traffic historyTrack growth over time and compare with peersBook a demo

Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Company	Headquarters	Status	Employees	Total funding	Valuation
SCScrollScaling Ethereum with cutting edge research and technology	Victoria, Seychelles	Operational	57	$80M	$1.8B
ARArcadeArcade is a decentralized lending platform leading the financialization of NFTs	San Francisco, United States	Operational
APAztec ProtocolEncrypted zkRollup for private smart contracts on Ethereum	London, United Kingdom	Operational
BNBoba networkLower gas, faster, secured in Ethereum, supercharged with hybrid compute	Palo Alto, United States	Operational
MOMoralisMoralis is Ultimate Web3 Development Platform Moralis provides a single workflow for building high-performance apps	Sundbybergs kommun, Sweden	Operational
CDCandy DigitalPlatform for fans and collectors to buy, sell and trade its NFT products, which have so far been released in partnership with MLB and a roster of college athletes	Braintree, United States	Acquired
BIBitsCrunchA Blockchain analytics firm, focusing mainly on building products using artificial intelligence for the NFT space	Munich, Germany	Operational
RORoyalRoyal is a music investment platform that makes it easy for fans to invest in artists and earn royalties alongside them, shifting power in the music industry from middlemen and labels to artists and their fans	Austin, United States	Operational