POINT.ME announced the completion of a $10 million Series A round today. The company will use the investment to develop enterprise partnerships with top U.S. card issuers and expand its premium concierge services. The Series A funds will also help POINT.ME scale its consumer subscription business.
POINT.ME is a metasearch engine for finding and booking flights using loyalty program points. It works with credit card providers like Chase, Capital One, American Express and Citi.
Thayer Ventures led POINT.ME’s Series A round. It also had significant participation from PAR Capital, Plug and Play, RiverPark and MoreThanCapital. In 2022 POINT.ME raised $2 million in seed funding from PAR Capital alongside executives from Meta, DoorDash and others. Nearly all seed investors returned for the Series A raise.