Linear Air

Linear Air has entered into key partnerships with Kayak and Himpmunk, which have resulted in a favorable customer acquisition cost.

Linear Air has entered into key partnerships with Kayak and Himpmunk, which have resulted in a favorable customer acquisition cost. Last year, the marketplace billings were $2.3 million. Linear Air’s business model is similar to other participants in the shared economy in that it owns the technology platform, and its operating partners own the aircraft. The air taxi market is fragmented and underutilized. The traditional booking process for air taxis is also difficult, manual and inefficient. Linear Air's technology is pioneering by providing information on air taxi flights over an online platform to enable real time booking, fare quotes, secure payments, and customer support. Linear Air has also been successful in getting air taxi flights listed on travel sites such as Kayak and Hipmunk. The technology platform provides many benefits for operating partners as well. A primary use of the current round will be development of a mobile platform. Two of the principals, Bill Herp, CEO, and Scott Healy, Senior Marketplace Advisor have had successful exits from venture backed companies. Bill started e-Dialog , which was sold for $157 million and is now a part of eBay. Mr. Healy joined Care.com from $200,000 to $120 million in annual revenue. Care.com went public in 2014.