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My name is Paul Malicki and I am the co-founder of Flapper. Flapper was created on the premise that more companies deserve access to air taxis. Thanks to support from people like you, coordinating essential flights for business, aeromedical needs or diplomatic purposes has become incredibly simple. Now I’m asking for your help to take our company to the next level.
Our beginning was anything but easy. In 2016, when Flapper launched, business aviation was restricted to a select group of lucky individuals and government services, and it took an average of 20 emails to book a private plane if you really wanted one. Brazil was waking up from a political crisis that had hit the sector hard, making room for a new entrant that promised an additional revenue stream for air taxi companies. I worked part-time at MasterCard and Nubank, using everything I earned to finance the development of our app. When the money ran out and the red check appeared in my account, I slept on a friend’s couch, but I never gave up chasing my dream.
In 2017, the business started to take off. Together with our accelerator, ACE, we validated the main hypothesis: there is space in Brazil to build a marketplace focused on air charters and shared flights. I needed 228 pitches to raise our first investment, with a major Venture Capital fund, Confrapar, betting on the company. It also took me 530 conversations to close our Series A. Meanwhile, the business continued to grow. We won large corporate accounts, established a fixed route to Angra dos Reis and integrated new payment options. Gradually, we began to expand abroad and became the first company in the Southern Hemisphere to obtain security certification, ARGUS. Resistant to the pandemic, we were listed twice by Exame and PriceWaterhouseCoopers as one of the fastest growing companies in Brazil in their annual ranking. With that, in just over five meetings, I got my last investment. The company was well known and in 2024 we decided to focus on profitability to prove the business model.
It’s April 2025. Flapper again reports breakeven to investors for the last quarter. The market is ready for yet another disruption. With over 30,000 customers, Flapper is being called upon to develop its own air taxi services to serve its current customers. The company opts for a fractional ownership model, influenced by its global benchmark, NetJets.
With the help of its current shareholder, it imports its first plane to Brazil and begins a new chapter in its history. It now has two growth paths – an existing on-demand charter model and another, highly recurring, fractional ownership model – still largely underdeveloped in Brazil. To boost its growth – and based on previous experiences – Flapper decides to launch another public offering, choosing EQSeed as a partner.
As we reach the important milestone of R$1 and a half million invested in Flapper through EQSeed, I invite all remaining investors to join me on my journey. With Flapper, you invest in a visionary model, with a vision for people and vast experience in the area. Flapper is a professionally managed and audited company with a Board of Directors and profitable business model.
I remain at your disposal for any questions. You can find me at LinkedIn or through the EQSeed Investor Relations team.
Bon voyage!