Odynn, a New York–based AI-powered platform enabling banks and fintechs to launch personalized travel and loyalty programs, has raised $9.5 million in Seed funding.
Investors
The round was led by Bonfire Ventures and co-led by Fiat Ventures.
Bonfire Ventures is a Los Angeles–based venture capital firm focused exclusively on early-stage B2B software companies. The firm manages over $1 billion in assets across its funds and primarily invests at the seed stage, typically serving as lead investor.
Fiat Ventures is a venture capital firm specializing in early-stage fintech and fintech-adjacent startups. Based in San Francisco, the firm is actively investing out of its second fund, which focuses on financial democratization, embedded finance, and agentic AI.
Odynn Use of Funds
The company will use the funding to accelerate go-to-market efforts, expand engineering and data science teams, and deepen integrations with card networks and loyalty programs.
About Odynn
Led by CEO John Taylor Garner, Odynn is a fully modular, AI-powered platform that helps fintechs, banks, card issuers, and travel companies launch embedded travel, loyalty, and rewards programs. Its white-label solution and APIs are designed to drive cardholder engagement while unlocking new revenue streams. Headquartered in New York, Odynn has partnered with Wildfire, Plusgrade, and Duffel. The company serves major customers, including ANZ Bank, Flight Centre, Bilt Rewards, Curve, Loop, and Fasten Rewards.
Funding Details
Company: Odynn, Corp
Raised: $9.5M
Round: Seed
Funding Date: February 2026
Lead Investor: Bonfire Ventures
Additional Investors: Fiat Ventures
Company Website: https://www.odynn.com/
Software Category: Travel & Loyalty Infrastructure / AI Personalization Platform
Source: https://www.globenewswire.com/news-release/2026/02/19/3241198/0/en/Odynn-Raises-9-5M-Seed-Round-to-Disrupt-Travel-Portals-with-Personalized-AI-Infrastructure.html