Will accelerate growth at San Diego International Airport
SAN DIEGO, May 15, 2018 (GLOBE NEWSWIRE) — AtYourGate, LLC today announced it has completed its raise of $2,000,000 in its Seed funding round. Bolstered by TRITON FUNDS, the new fund launched by students at the University of California, San Diego (UCSD), the investment has supported the development of the capability and capacity to deliver an innovative mobile e-commerce and gate delivery service in an airport environment as well as its current launch at San Diego International Airport. The investment comes as the Company experiences solid month over month growth at San Diego International Airport and is now poised to expand in to other domestic and international airports.
In March of this year, AtYourGate, a California scale-up, and GOLO, a mobile ordering platform and part of the Paysafe Group, announced the launch of AtYourGate powered by GOLO – an innovative new app that allows airport goers to use their mobile phones to order airport products and have them delivered directly to them. Since its launch, airport personnel, flight crews, and travelers at the San Diego International Airport have been able to use the first-ever app of its kind to make a purchase from any of the participating outlets – be that a sandwich, salad, snack, or gift – and have it delivered directly to their gate or to any convenient location airport-wide.
“AtYourGate is honored to receive the support and funding from TRITON FUNDS,” said P.J. Mastracchio, Founder and CEO of AtYourGate, “We were born as a business in San Diego based on the confidence and support of the San Diego International Airport Innovation Lab and now, with the support of TRITON FUNDS, we elevate our commitment to our fellow San Diegans as they travel through San Diego Airport. We will deliver with great distinction.”
AtYourGate’s senior leadership has deep experience in airport & hospitality marketing as well as foodservice & logistics; the entire team is comprised of seasoned operators with the maturity to foster the necessary relationships with airport authorities, concessions, airlines, and the local communities.
“AtYourGate is making advances towards an improved traveling experience by creating a more efficient airport visit,” said Sam Yaffa, co-founder of TRITON FUNDS, “They provide the modern-day traveler, and travelers of the future, with a user-friendly platform that takes the hassle and stress out of airport shopping and dining. We foresee the impact of AtYourGate as a necessity for all large airports across the world.”
AtYourGate paved its path in 2016 as an inaugural member of Plug and Play’s Global Travel & Hospitality Platform of Innovation. The 12-week program provides infrastructure support and assistance with scaling disruptive technologies that have a positive impact on travel and leisure.
About AtYourGate: AtYourGate is the in-airport mobile e-commerce and gate delivery service for busy travellers, flight crews, and airport employees in airports around the world. Through a partnership with GOLO, AtYourGate aims to improve the passenger experience by offering a seamless mobile e-commerce and delivery experience inside the airport terminal. Open up the app, browse, order, and relax. We’ve got this. We’ll bring it all to you. For more information, visit www.atyourgate.com.
About Paysafe: Paysafe is a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet and online cash solutions. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. With over 20 years of online payment experience, a combined transactional volume of US $56 billion in 2017 and over 2,600 staff located in 12 global locations, Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world. For more information, visit www.paysafe.com.
About Plug and Play Tech Center: Plug and Play Tech Center is the world’s largest global technology accelerator and venture fund. Since inception in 2006, our program has expanded worldwide to include entrepreneurs from 24 countries, providing necessary resources to succeed in Silicon Valley. With over 350 startups and 300 corporate partners, we have created the ultimate startup ecosystem. Plug and Play provides active investments with 180 leading Silicon Valley VCs, and more than 365 networking events per year. Companies in our community have raised over $3.5 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, visit www.plugandplaytechcenter.com.
About San Diego International Airport Innovation Lab: San Diego International Airport Innovation Lab is a ground-breaking collaborative environment where companies, innovators and airport executives work together to create and test new ideas to drive airport innovation and improve the passenger experience. Successful ideas have the opportunity to be implemented at SAN, other airports, and even in analogous industries like malls, hotels, and convention centers. For more information, visit www.san.org/business-opportunities/innovation-lab.
About TRITON FUNDS LLC: TRITON FUNDS LLC is a student-run fund manager founded by undergraduates from the University of California, San Diego (UCSD). TRITON FUNDS provides students the invaluable opportunity to gain real-world experience investing alongside experienced financial professionals. We invest in high performing teams with revolutionary aspirations to grow their company into industry leaders. TRITON FUNDS creates an ecosystem that assists talented entrepreneurs in successfully growing their ideas and maintaining strong community ethical standards. Utilizing our #millennialtouch, we provide strategic capitalization, business development support, and engineered exits to organizations we believe have a viable future in the modern economy. For more information, visit www.tritonfunds.com.
For further information and/or to set up an interview, please contact:
David Henninger, President, AtYourGate
+1 949-491-3370 / email@example.com
Amy Gregus, Media Relations, Paysafe
+1 514-294-0247 / firstname.lastname@example.org
Allison Romero, Media Relations, Plug and Play
+1 408-524-1457 / email@example.com
Rebecca Bloomfield, Media Relations, San Diego International Airport
+1 619-400-2880 / firstname.lastname@example.org
Yash Thukral, Founder, TRITON FUNDS LLC
+1 858-768-0001 / email@example.com