"Frustrated by how hard it was to fly with his own Labradors, Maple and Willow - and often having to leave them behind - entrepreneur Benton Miller founded RetrievAir, a pet airline that lets oversized dogs (or any-sized dog or cat) ride in the cabin alongside their owners. In an interview with Business Insider, Miller said the pet-air-travel sector represents a $5.5 billion US market with plenty of room for more players. RetrievAir fares average $775 per seat."
"Miller recently turned to ABC's "Shark Tank" reality show for funding and secured $776,000 from guest Shark and Reddit cofounder Alexis Ohanian in exchange for a 15% stake - a nod to Ohanian's "Seven Seven Six" venture fund. Ohanian has a 100-pound dog named Adora. Miller said Ohanian "understands burn" because of his tech background and "knows how to scale to a billion-dollar company." RetrievAir, which launched in May, secured over $500,000 in sales within weeks of opening bookings."
Benton Miller founded RetrievAir to allow oversized dogs and other pets to ride in the cabin with owners after airline restrictions forced larger dogs into cargo. RetrievAir targets a $5.5 billion US pet-air-travel market and charges average fares around $775 per seat. The company secured $776,000 from Alexis Ohanian for a 15% stake and recorded over $500,000 in sales within weeks of opening bookings. Operations use a modified 30-seat Embraer E135 with faster private-airport check-in, tailored security, and assigned paid seats for dogs over 40 pounds. Some routes are selling out despite roughly $80,000 weekly operating costs, prompting added cities and increased sales.
Read at Business Insider
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