JetBlue Technology Ventures

JetBlue Technology Ventures is the venture capital arm of JetBlue Airways, focused on technology investments in travel and hospitality. It targets early-stage startups and supports innovations across travel, hospitality, transportation, and related tech, with emphasis on airlines, airports, and aerospace manufacturers. The firm operates an accelerator program and makes equity investments in participating startups. Founded in 2016, it is based in California.

Amy Burr

CEO

Ryan Chou

Principal

Eliza Dragomir

Analyst, Investments

Jim Lockheed

Principal

Ruchit Majmudar

Analyst

Brandon Nelson

Investor

Stefan Sandova

Associate, Investments

Stephen Snyder

Managing Director

Steve Taub

Managing Director

Amy Wang

Senior Analyst, Operations and Partnerships

Past deals in Aviation

Beacon AI

Series A in 2024
Beacon AI develops advanced technologies for pilots, aiming to enhance flight safety across commercial, charter, and defense aircraft fleets. Their innovative solutions include pilot assistance systems, fleet monitoring, third-party integrations, and route optimizations.

Aether Fuels

Seed Round in 2023
Aether Fuels is an innovative climate technology company focused on creating sustainable fuels aimed at decarbonizing challenging sectors such as aviation and ocean shipping. The firm specializes in developing technologies that facilitate the efficient and cost-effective production of sustainable fuels from waste biomass and biogenic carbon dioxide. By enabling clients to produce practical and scalable sustainable fuels, Aether Fuels addresses the critical need for environmentally friendly alternatives in industries that are traditionally hard to decarbonize.

Volantio

Series A in 2022
Volantio Inc. is a technology company based in Atlanta, Georgia, that specializes in software solutions aimed at enhancing customer engagement and revenue optimization for airlines. Founded in 2008, Volantio offers a suite of products, including the SmartAlerts platform, which allows travel suppliers to engage with potential customers who are browsing but not yet ready to book. The company also provides PriceStream for AdWords, which integrates dynamic pricing and availability into advertising campaigns, and PriceStream for retargeting, which utilizes customer browsing data to create targeted advertisements. Volantio's solutions focus on maximizing unit revenues, improving capacity utilization, and enhancing the overall travel experience by enabling airlines to dynamically re-accommodate passengers and providing them with greater predictability and control over their journeys. The company serves several major airlines worldwide, leveraging automated, mobile-based, and machine learning-driven technology to optimize operations and customer satisfaction.

FLYR

Series C in 2021
FLYR is a technology company that provides AI-enabled revenue management and pricing solutions for airlines, cargo and hospitality sectors. Its FusionRM platform uses machine learning to forecast demand and optimize revenue across the airline commerce funnel, aggregating data from multiple sources and delivering actionable insights for dynamic pricing, elastic demand forecasting, and bundled offers. The solution supports inventory, pricing, and offer decisions to modernize e-commerce experiences and improve revenue performance through forecasting, automation, and analytics. Founded in 2012 and headquartered in San Francisco, the company was formerly known as Hubskip, changing its name to FLYR in 2014.

Beacon AI

Seed Round in 2021
Beacon AI develops advanced technologies for pilots, aiming to enhance flight safety across commercial, charter, and defense aircraft fleets. Their innovative solutions include pilot assistance systems, fleet monitoring, third-party integrations, and route optimizations.

Universal Hydrogen

Series A in 2021
Universal Hydrogen is focused on advancing hydrogen aviation by creating a comprehensive hydrogen ecosystem. Founded in 2020 and based in Hawthorne, California, the company manufactures capsule modules designed to safely transport and store hydrogen, which also function as modular fuel tanks that can be directly loaded onto aircraft. By establishing strategic partnerships and developing innovative technologies, Universal Hydrogen aims to deliver an end-to-end hydrogen value chain for aviation, encompassing both hydrogen fuel and hydrogen-powered aircraft. The company also provides a transport and logistics network that utilizes existing freight infrastructure to move hydrogen from production facilities to airports, thereby circumventing the need for expensive new pipelines and storage facilities. This approach supports the transition to carbon-free flight and aims to mitigate the environmental impact of air travel.

I6 Group

Series A in 2020
I6 Group specializes in digital fuel management solutions for the aerospace industry. Founded in 2013, it offers a cloud-based platform that streamlines refueling processes, improves operational efficiency, and reduces costs and emissions. The company serves airlines, airports, and other stakeholders across the globe.

FLYR

Series B in 2019
FLYR is a technology company that provides AI-enabled revenue management and pricing solutions for airlines, cargo and hospitality sectors. Its FusionRM platform uses machine learning to forecast demand and optimize revenue across the airline commerce funnel, aggregating data from multiple sources and delivering actionable insights for dynamic pricing, elastic demand forecasting, and bundled offers. The solution supports inventory, pricing, and offer decisions to modernize e-commerce experiences and improve revenue performance through forecasting, automation, and analytics. Founded in 2012 and headquartered in San Francisco, the company was formerly known as Hubskip, changing its name to FLYR in 2014.

Lumo

Seed Round in 2018
Lumo is a developer of a smart air travel application that focuses on managing flight disruptions. The application utilizes predictive analytics to forecast flight delays well in advance, offering users real-time predictions and insights into flight delay patterns. By presenting alternative flight options in the event of delays, Lumo aims to help travelers proactively address potential issues, thereby reducing the costs and inconveniences typically associated with air travel disruptions. The company's commitment to enhancing the travel experience makes it a valuable resource for passengers seeking to navigate the complexities of air travel more effectively.

Volantio

Seed Round in 2018
Volantio Inc. is a technology company based in Atlanta, Georgia, that specializes in software solutions aimed at enhancing customer engagement and revenue optimization for airlines. Founded in 2008, Volantio offers a suite of products, including the SmartAlerts platform, which allows travel suppliers to engage with potential customers who are browsing but not yet ready to book. The company also provides PriceStream for AdWords, which integrates dynamic pricing and availability into advertising campaigns, and PriceStream for retargeting, which utilizes customer browsing data to create targeted advertisements. Volantio's solutions focus on maximizing unit revenues, improving capacity utilization, and enhancing the overall travel experience by enabling airlines to dynamically re-accommodate passengers and providing them with greater predictability and control over their journeys. The company serves several major airlines worldwide, leveraging automated, mobile-based, and machine learning-driven technology to optimize operations and customer satisfaction.

Unicoaero

Venture Round in 2018
Unicobag is the on demand baggage delivery company for airlines and passengers. Unicobag helps airlines to deliver mishandled bags and passengers to bypass baggage carousels. Unicobag's mission is to be a leading baggage service provider, so airlines, airports, and passengers never deal with bags anymore.

Skyhour

Venture Round in 2017
Skyhour is an innovative online gifting platform designed to transform the way individuals gift and receive flight hours. It provides a user-friendly solution that allows customers to gift flight hours, which can be utilized by anyone, regardless of their airline preference, across a network of 350 airlines. The platform simplifies the booking process by offering a fixed cost of $60 per hour, making it accessible and convenient for users. Through this approach, Skyhour aims to enhance the gifting experience, enabling seamless travel opportunities for recipients.

Zunum Aero

Venture Round in 2017
Zunum Aero Inc. is a manufacturer of hybrid-to-electric aircraft based in Kirkland, Washington, founded in 2014. The company focuses on developing aircraft designed for short-distance commercial travel, utilizing advanced powertrain and propulsion technologies to enhance efficiency and convenience in air commutation. Zunum Aero aims to provide accessible and affordable flights from regional airfields, addressing the significant gap in air service for many communities. By leveraging the extensive network of smaller airports, the company seeks to reduce travel times and costs, making air travel a viable option for more people. Additionally, Zunum Aero is committed to environmental sustainability, working towards eliminating a significant portion of aviation emissions associated with short-haul flights through its innovative aircraft. As battery technology advances, the company envisions a future where its aircraft can operate entirely without fossil fuels, contributing to a cleaner and more efficient aviation sector.

FLYR

Series A in 2017
FLYR is a technology company that provides AI-enabled revenue management and pricing solutions for airlines, cargo and hospitality sectors. Its FusionRM platform uses machine learning to forecast demand and optimize revenue across the airline commerce funnel, aggregating data from multiple sources and delivering actionable insights for dynamic pricing, elastic demand forecasting, and bundled offers. The solution supports inventory, pricing, and offer decisions to modernize e-commerce experiences and improve revenue performance through forecasting, automation, and analytics. Founded in 2012 and headquartered in San Francisco, the company was formerly known as Hubskip, changing its name to FLYR in 2014.

FLYR

Seed Round in 2016
FLYR is a technology company that provides AI-enabled revenue management and pricing solutions for airlines, cargo and hospitality sectors. Its FusionRM platform uses machine learning to forecast demand and optimize revenue across the airline commerce funnel, aggregating data from multiple sources and delivering actionable insights for dynamic pricing, elastic demand forecasting, and bundled offers. The solution supports inventory, pricing, and offer decisions to modernize e-commerce experiences and improve revenue performance through forecasting, automation, and analytics. Founded in 2012 and headquartered in San Francisco, the company was formerly known as Hubskip, changing its name to FLYR in 2014.
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