News Release

Creatd, Inc. finalises $8.3 million Flewber acquisition, unveils AI-powered Flyte to transform private air travel industry

Creatd, Inc., a diversified holding company driving innovation and growth through strategic acquisitions, 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 optimising 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:

- Hops: A more visionary approach to regional business travel, leveraging underutilised airports to bypass congested commercial hubs.

- Luxe: On-demand private jet charters with white-glove service and optimised routes.

- Escapes: Curated travel experiences that combine flights with premium hospitality partners.

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 optimisation 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 programmes, 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 travellers with their destinations more efficiently, whether for business, leisure or a premium luxury experience.”

The transition from Flewber to Flyte is already underway. 2025 marks a pivotal year as Flyte expands its footprint, strengthens profitability and accelerates its market penetration.