Why we invested in point.me, a real-time award travel search engine that simplifies booking trips with points and miles
Navigating airline loyalty programs and credit card points is notoriously complex. Travelers must visit multiple airline websites, each with its own rules and availability, and navigate intricate point transfer partnerships. Optimizing points for value, especially with factors like transfer bonuses or mixed-cabin itineraries, can be overwhelming. Without efficient tools, this process becomes time-consuming and daunting, requiring significant effort to avoid missing better options.
Point.me is a points and travel reward search platform that helps travelers maximize the value of their airline miles and credit card points. By aggregating data from over 150 airlines, 30+ reward programs, and all major credit card rewards, it streamlines the complex process of finding and booking award flights. Unlike competitors, point.me’s user-friendly tools ensure travelers secure the best deals across multiple loyalty programs. Its real-time approach and accessibility also make it a strong alternative to traditional travel agencies offering similar services, providing a more efficient and effective experience.
We invested in point.me because it is the only product on the market that achieves over 99% accuracy in results, thanks to its direct integration with airlines. This high level of precision has enabled point.me to become a trusted partner for major enterprises like American Express and Bilt Rewards, who rely on this accuracy to enhance customer engagement through co-branded award travel products. Point.me plans to widen its product appeal to democratize points use to the benefit of card issuers and consumers alike.
The point.me founding team brings a strong track record in the travel and rewards industry, marked by innovation and market disruption. Tiffany Funk, Co-Founder and President, is a recognized expert in airline award travel. She spent a decade leading One Mile at a Time, a top travel blog focused on maximizing points and miles, and managed PointsPros, a consultancy for optimizing high-net-worth clients’ travel rewards. Her expertise in simplifying complex loyalty programs into user-friendly strategies is a key asset. Adam Morvitz, Co-Founder and CEO, also has deep experience in the travel sector. He previously co-founded Juicy Miles, a precursor to point.me, which focused on award travel booking. His ability to spot market gaps and create innovative solutions laid the groundwork for point.me’s technology and intuitive interface, driving the platform’s success.
We’re excited to back the point.me team as they continue to disrupt traditional travel booking and loyalty programs, making points and miles more accessible and travel more affordable.
Carlos Castellanos is an investor at Samsung Next. Samsung Next’s investment strategy is limited to its own views and does not reflect the vision or strategy of any other Samsung business unit, including, but not limited to, Samsung Electronics.