Published on March 03, 2025
Creatd, Inc. (OTC: CRTD) has officially closed its acquisition of Flewber Global, Inc. for $8.3 million and is guiding its transformation into Flyte, Inc., a next-generation regional air mobility platform. Through Creatd’s strategic oversight, Flyte is optimizing operations, enhancing its AI-driven booking technology, and positioning itself for long-term profitability in the $28.5 billion regional air mobility market.
Flyte is built around three high-margin revenue verticals:
With a streamlined business model and enhanced operational efficiencies, Flyte has the potential to scale rapidly while maintaining financial discipline.
Flyte’s AI-driven booking system, real-time flight analytics, and route optimization technology are designed to increase efficiency and elevate customer experience, ensuring high-margin, sustainable growth.
“Regional air mobility is entering a new era, and Flyte is positioned at the forefront of that transformation,” said Jeremy Frommer, CEO of Creatd. “By integrating our expertise in AI, data, and operational efficiency, we are driving Flyte toward cash-flow positivity and long-term market leadership.”
Flyte is actively growing its network of corporate travel programs, luxury hospitality brands, and exclusive destination partners. Secured seat-block agreements with key partners ensure consistent demand and recurring revenue.
“Flewber was just the beginning—Flyte is our future,” said Marc Sellouk, CEO of Flewber. “With Creatd’s backing, we are building a technology platform that connects travelers with their destinations more efficiently, whether for business, leisure, or a premium luxury experience.”
The transition from Flewber to Flyte is underway, with an updated investor presentation available here. 2025 marks a pivotal year as Flyte expands its footprint, strengthens profitability, and accelerates its market penetration.
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