Creatd, Inc. Acquires Flewber, Ushering in a New Era of Affordable Air Travel

Creatd, Inc. Enters the Air Mobility Space with Flewber Acquisition

New York, January 22, 2025 — In a strategic decision aimed at transforming regional air travel, Creatd, Inc., a diversified holding company, has announced its acquisition of Flewber Global Inc. for $7.5 million. This acquisition positions Creatd at the forefront of the rapidly expanding $28.5 billion regional air mobility sector, poised to revolutionize how consumers and businesses approach short-distance travel.

Flewber introduces an innovative platform that utilizes over 5,000 regional airports across the U.S., making air travel more accessible. With fares starting at just $199, Flewber provides an appealing alternative to traditional ground transportation options, including driving and ridesharing. Notably, its routes connect major areas such as NYC to the Hamptons and White Plains to Mohegan Sun, which previously lacked convenient air travel options.

The Future of Air Travel

Flewber operates a fleet of eco-friendly Cirrus Vision Jets, which are outfitted with advanced safety features, including auto-landing systems and emergency parachutes for the entire aircraft. These innovations not only enhance safety but also contribute to a sustainable travel experience. Flewber's commitment to using cutting-edge technology ensures that air travel becomes both practical and affordable.

According to Flewber’s CEO, Marc Sellouk, “We’re turning the concept of urban air mobility into a reality.” By leveraging existing infrastructure along with new technology, Flewber aims to save customers both time and money while making air travel viable for the average consumer.

Currently serving the New York metro area, Flewber plans to extend its services to Florida cities such as Boca Raton and Fort Lauderdale. Moreover, the company is set to launch in popular destinations like Las Vegas and Dubai, thereby broadening its reach and influence in the global market.

Implications for Growth

The acquisition is not only a strategic leap but also a financial boon for Creatd. It is projected that the deal will contribute an additional $3 to $4 million in revenue for fiscal year 2025, with the forecast for 2026 reaching $10 million as Flewber ventures into new markets. This reinforces Creatd's ambitious plans to uplist to a national exchange in 2025, further solidifying its growth trajectory.

As the regional air mobility market is expected to surge to $115 billion by 2035, Creatd's acquisition strategically strengthens its foothold in this high-growth area. Jeremy Frommer, CEO of Creatd, expressed confidence in this direction, stating, “This acquisition aligns perfectly with our commitment to building a transformative portfolio. Flewber not only provides us with existing operational capabilities but also positions us as a leader in the evolving air mobility sector.”

Conclusion

In summary, Creatd’s acquisition of Flewber is significant in reshaping the future landscape of air travel. With a focus on affordable, accessible transport, Flewber is set to lead innovations in the regional air mobility space. This strategic move not only enhances Creatd's operational capacity but also aligns with its long-term vision of integrating transformative technologies across various sectors. As the company expands its global footprint, the air travel industry is on the brink of substantial change that could redefine mobility for consumers and businesses alike.

About Creatd, Inc.
Creatd, Inc. functions as a diversified holding company concentrating on strategic acquisitions of high-growth businesses, using innovative models to create long-term value.

About Flewber Global Inc.
Flewber offers eco-friendly, on-demand air travel options, aiming to make air mobility a realistic and affordable choice for everyday consumers. As it expands its operations, Flewber is set to lead in the regional air mobility market, transforming how people perceive short-distance travel.