Flash Pack, known for its crafted boutique trips for solo travelers in their 30s and 40s, has successfully closed a $6.2 million funding round. This investment, led by JamJar Investments and backed by existing investor PPF, is set to fuel Flash Pack’s ambitious mission: to create one million meaningful friendships through travel.
The U.S. Market: A Key Driver of Growth
Driven by a profound need for connection and the pervasive loneliness epidemic, the United States has emerged as Flash Pack’s fastest-growing market.
An impressive 60% of the company’s total trip sales now originate from enthusiastic U.S. travelers.
Rebirth After the Pandemic
The recent influx of capital comes almost three years to the day since the company faced the brink of bankruptcy during the height of the COVID-19 pandemic.
Pioneered by Founder and CEO Radha Vyas, Flash Pack underwent a remarkable rebirth in 2021.
Radha’s vision was simple but profound: to create one million friendships by meticulously curating meaningful connections and perfecting the group dynamics of each and every trip.
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“In the last two years since the brand’s relaunch, we have seen a massive appetite from customers to build meaningful connections through travel.
Solo travel has rapidly grown in popularity as people look to make up for lost time and expand their horizons, and the recent investment indicates the value and opportunity in this growing trend.
We are incredibly excited to continue our success within the US market, creating even more friendships in the process.” – Radha Vyas, CEO and co-founder of Flash Pack
Scaling for the Future
Since its resurgence, Flash Pack has grown into a team of 65 employees worldwide. Now, with the infusion of new funds, the company plans to triple its workforce in the United States over the next six months.
These strategic hires will focus on enhancing the company’s technological capabilities and further establishing its presence in the American market.
“At JamJar we’re on a mission to invest in and help grow early-stage consumer businesses who are using tech to disrupt their categories, as well as having a positive impact on the world.
Flash Pack is not just revolutionizing the way people travel, but how we interact with one another. More needs to be done by investors to fund female-founded ventures, particularly from women of color.
Under Radha’s leadership Flash Pack has escaped the fate of the pandemic and come out better than ever, and so we have high hopes for what they will achieve over the next three years.” – Richard Reed, Co-founder of JamJar Investments
An Inspirational Journey for Female Founders
In a landscape where female founders received a mere 2% of all venture capital funding in 2022, Radha Vyas stands as one of the select few South Asian female founders to secure substantial investment at this stage of her business.
This remarkable feat reflects not only Radha’s vision but also her dedication to reshaping the adventure travel industry.
About Flash Pack
Redefining group tours since its inception in 2014, Flash Pack is an adventure-travel company that specializes in curating boutique trips tailored for solo travelers in their 30s and 40s.
Every Flash Pack adventure is meticulously designed to include experiences that are often challenging to arrange independently or too expensive to undertake alone.
The brand’s primary focus is on cultivating the best group dynamics, bringing together like-minded individuals who share the same life stage.