How a 100% US client conversion rate helped this startup secure $500,000 in seed funding

Private aircraft booking startup Monarc Global has closed a $500,000 seed round, as it strives to meet an unexpected swathe of demand from the US.

Based in Brisbane, Monarc allows private aircraft operators to automate their quoting processes. Customers can find, book and pay for travel through a live booking system, as opposed to through a manual enquiry form, as operators have typically used.

Previously, the startup has raised $75,000, primarily through friends and family funding.