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In 2015, Ostreicher launched Regal Card, an airport lounge and travel-benefits membership program as a sister concern of Regal Wings. <ref>{{cite news|last1=Rothbart|first1=Peter|title=Is Regal Card Worth It?|url=https://thepointsguy.com/2015/02/is-regal-card-worth-it/|accessdate=May 24, 2017|date=February 2, 2015}}</ref><ref>{{cite news|title=The Regal Card Introduces Unprecedented Luxury for the Average Traveler|url=http://www.prnewswire.com/news-releases/the-regal-card-introduces-unprecedented-luxury-for-the-average-traveler-300020167.html|accessdate=May 24, 2017|date=January 13, 2015}}</ref> In the late 2016, Regal Wings partnered with China-based lounge developer DragonPass.<ref>{{cite news|title=Regal Wings enters premium lounge arena|url=http://www.charterbroker.aero/mag_story.html?ident=12450|accessdate=May 24, 2017|date=February 2017}}</ref><ref>{{cite news|title=International Partnership Takes the Premium Travel Experience to New Heights|url=http://www.prnewswire.com/news-releases/international-partnership-takes-the-premium-travel-experience-to-new-heights-300288264.html|accessdate=May 24, 2017|date=June 21, 2016}}</ref>
In 2015, Ostreicher launched Regal Card, an airport lounge and travel-benefits membership program as a sister concern of Regal Wings. <ref>{{cite news|last1=Rothbart|first1=Peter|title=Is Regal Card Worth It?|url=https://thepointsguy.com/2015/02/is-regal-card-worth-it/|accessdate=May 24, 2017|date=February 2, 2015}}</ref><ref>{{cite news|title=The Regal Card Introduces Unprecedented Luxury for the Average Traveler|url=http://www.prnewswire.com/news-releases/the-regal-card-introduces-unprecedented-luxury-for-the-average-traveler-300020167.html|accessdate=May 24, 2017|date=January 13, 2015}}</ref> In the late 2016, Regal Wings partnered with China-based lounge developer DragonPass.<ref>{{cite news|title=Regal Wings enters premium lounge arena|url=http://www.charterbroker.aero/mag_story.html?ident=12450|accessdate=May 24, 2017|date=February 2017}}</ref><ref>{{cite news|title=International Partnership Takes the Premium Travel Experience to New Heights|url=http://www.prnewswire.com/news-releases/international-partnership-takes-the-premium-travel-experience-to-new-heights-300288264.html|accessdate=May 24, 2017|date=June 21, 2016}}</ref>


In 2016, Ostreicher created GeeFi partnering with Hong Kong based YouYou Mobile, a portable device that provides frequent travelers unlimited high speed 4G internet in more than 100 countries.<ref>{{cite news|title=GeeFi: A powerbank that gives you unlimited Wi-Fi connectivity|url=http://www.financialexpress.com/industry/technology/geefi-a-powerbank-that-gives-you-unlimited-wi-fi-connectivity/395050/|accessdate=May 24, 2017|work=[[The Financial Express (India)|The Financial Express]]|date= September 28, 2016}}</ref><ref>{{cite web|title=GeeFi: Unlimited 4G Wi-Fi Everywhere You Travel|url=http://moneyinc.com/geefi/|accessdate=May 24, 2017}}</ref> In November 2016, GeeFi launched a crowdfunding campaign on [[Kickstarter]] which raised $213,404 in 34 days exceeding original goal of $20,000.<ref>{{cite news|last1=Schofield|first1=Jack|title=GeeFi provides unlimited 4G broadband worldwide|url=http://www.zdnet.com/article/geefi-provides-unlimited-4g-broadband-worldwide/|accessdate=April 1, 2017|date=October 12, 2016}}</ref><ref>{{cite web|title=GeeFi - Unlimited 4G Wi-Fi Everywhere You Travel|url=https://www.kickstarter.com/projects/geefi/geefi-unlimited-4g-wi-fi-everywhere-you-travel|website=[[Kickstarter]]|accessdate=April 1, 2017}}</ref><ref>{{cite news|title=9 Awesome Travel Gadgets That Sought Funding on Kickstarter|url=http://www.foxnews.com/us/2016/10/13/awesome-travel-gadgets-that-sought-funding-on-kickstarter.html|accessdate=May 24, 2017|work=[[FOX NEWS]]|date=October 13, 2016}}</ref> In 2017, he patented One Bag Tag, together with his mentor and long-time friend Bryan Leibman and cousin Chuck Weinreb which provides luggage tracking service for air travels.<ref>{{cite news|title=Could this be the one bag tag to rule them all?|url=http://newatlas.com/one-bag-tag-luggage-etag/46800/|accessdate=May 24, 2017|date=December 7, 2016}}</ref>
In 2016, Ostreicher created GeeFi partnering with Hong Kong based YouYou Mobile, a portable device that provides frequent travelers unlimited high speed 4G internet in more than 100 countries.<ref>{{cite news|title=GeeFi: A powerbank that gives you unlimited Wi-Fi connectivity|url=http://www.financialexpress.com/industry/technology/geefi-a-powerbank-that-gives-you-unlimited-wi-fi-connectivity/395050/|accessdate=May 24, 2017|work=[[The Financial Express (India)|The Financial Express]]|date= September 28, 2016}}</ref><ref>{{cite web|title=GeeFi: Unlimited 4G Wi-Fi Everywhere You Travel|url=http://moneyinc.com/geefi/|accessdate=May 24, 2017}}</ref> In November 2016, GeeFi launched a crowdfunding campaign on [[Kickstarter]] which raised $213,404 in 34 days exceeding original goal of $20,000.<ref>{{cite news|last1=Schofield|first1=Jack|title=GeeFi provides unlimited 4G broadband worldwide|url=http://www.zdnet.com/article/geefi-provides-unlimited-4g-broadband-worldwide/|accessdate=April 1, 2017|date=October 12, 2016}}</ref><ref>{{cite web|title=GeeFi - Unlimited 4G Wi-Fi Everywhere You Travel|url=https://www.kickstarter.com/projects/geefi/geefi-unlimited-4g-wi-fi-everywhere-you-travel|website=[[Kickstarter]]|accessdate=April 1, 2017}}</ref><ref>{{cite news|title=9 Awesome Travel Gadgets That Sought Funding on Kickstarter|url=http://www.foxnews.com/us/2016/10/13/awesome-travel-gadgets-that-sought-funding-on-kickstarter.html|accessdate=May 24, 2017|work=[[FOX NEWS]]|date=October 13, 2016}}</ref> However, as of the end of May 2017, he has yet to deliver the device to all of his backers, and has renegged on the promise of actual '''unlimited''' 4G internet for Kickstarter backers, instead capping users at 1GB of 4G internet, then severely throttling speeds.<ref>{{Cite web|url=https://www.kickstarter.com/projects/geefi/geefi-unlimited-4g-wi-fi-everywhere-you-travel/comments|title=GeeFi {{!}} Unlimited 4G Wi-Fi Everywhere You Travel|website=Kickstarter|language=en-US|access-date=2017-05-31}}</ref> Additionally, backers have identified a critical design flaw that requires a user to burn a $10 24 hour day pass in order to keep the software on the device updated; the user has no way to stop this, except to keep the device off. In 2017, he patented One Bag Tag, together with his mentor and long-time friend Bryan Leibman and cousin Chuck Weinreb which provides luggage tracking service for air travels.<ref>{{cite news|title=Could this be the one bag tag to rule them all?|url=http://newatlas.com/one-bag-tag-luggage-etag/46800/|accessdate=May 24, 2017|date=December 7, 2016}}</ref>


Apart from Regal Wings, Ostreicher founded Miles 4 Flights in 2012, which helps individuals convert their airline mileage into flights.<ref>{{Cite news|title=Having a Frequent Flier Freakout? Don’t despair — help is closer than you think|url=http://www.850businessmagazine.com/December-January-2013/Having-a-Frequent-Flier-Freakout/|accessdate=January 8, 2015}}</ref> In the same year, he started Harei At, the first dating site for orthodox Jewish marriage-minded singles.<ref name="vinnews" /><ref name="yahoo" /><ref>{{Cite news|url = http://www.ceogolf.com/articles/ceo-of-the-week/331-eli-ostreicher|title = Eli Ostreicher, CEO OF REGAL WINGS|last = |first = |date = |work = |access-date = January 6, 2015}}</ref><ref>{{Cite news|title=Online Travel Agency Miles 4 Flights Helps Travelers Redeem Frequent Flyer Miles on Normally Unavailable Seats|url=http://www.prurgent.com/2012-12-13/pressrelease277867.htm|date=December 13, 2012|accessdate=January 7, 2015}}</ref> Following its success, he launched another Jewish dating site called Jedding for Jews of all walks.
Apart from Regal Wings, Ostreicher founded Miles 4 Flights in 2012, which helps individuals convert their airline mileage into flights.<ref>{{Cite news|title=Having a Frequent Flier Freakout? Don’t despair — help is closer than you think|url=http://www.850businessmagazine.com/December-January-2013/Having-a-Frequent-Flier-Freakout/|accessdate=January 8, 2015}}</ref> In the same year, he started Harei At, the first dating site for orthodox Jewish marriage-minded singles.<ref name="vinnews" /><ref name="yahoo" /><ref>{{Cite news|url = http://www.ceogolf.com/articles/ceo-of-the-week/331-eli-ostreicher|title = Eli Ostreicher, CEO OF REGAL WINGS|last = |first = |date = |work = |access-date = January 6, 2015}}</ref><ref>{{Cite news|title=Online Travel Agency Miles 4 Flights Helps Travelers Redeem Frequent Flyer Miles on Normally Unavailable Seats|url=http://www.prurgent.com/2012-12-13/pressrelease277867.htm|date=December 13, 2012|accessdate=January 7, 2015}}</ref> Following its success, he launched another Jewish dating site called Jedding for Jews of all walks.

Revision as of 17:03, 31 May 2017

Eli Ostreicher
Born (1984-01-06) January 6, 1984 (age 40)
London, United Kingdom
Occupation(s)Entrepreneur, businessman
Years active2006-present
Employer(s)Founder and CEO of
Regal Wings, Miles 4 Flights, Harei At, Regal Meds, The Regal Card and Jedding
RelativesJacob Ostreicher

Eli Ostreicher (born January 6, 1984) is a British American serial entrepreneur based in New York City.[3] He is the founder and CEO of Regal Wings, a B2B luxury air service provider in the United States.[3][4][5] He also founded and runs various online and brick & mortar companies, including Regal Card, Jedding, GeeFi, Harei At, Regal Jets, Luxury Wholesale Flights, Regal Groups, Regal Engraving, and One Bag Tag.[6][7]

Early life and education

Ostreicher was born in London, England. He was raised Orthodox Jewish and grew up in Stamford Hill, London.[5][8] He attended Yeshivas Toras Chessed, a rabbinical school for Torah study in Hitchin, Hertfordshire from 1998 to 2002.[5] In his late teens, Ostreicher attended a computer college and received Microsoft and Cisco certifications in 2004.[citation needed]

Career

Ostreicher started his business career at the age of 22, opening a small home-based travel agency in Aventura, Florida. [9] In 2006 he moved to New York City and founded Regal Wings.[10] He later expanded the company to 300+ employees with luxury travel agent services, business travel management and leisure.[11] In 2010, he opened a satellite office of the company in Chennai, India. The Regal Groups & it’s global partner currently have offices in New York City, Los Angeles, San Francisco, Singapore, Hong Kong, Gunagzhou and Shanghai.

In 2012, Regal Wings was listed in Inc. Magazine's ranking fastest-growing travel company in the United States with a growth rate of 2,513%. [12] With a further 4,146% growth rate in 2013, the company grossed $54.4 million in revenue.[1] In that year, Ostreicher received Inc. Magazine's "Hire Power award" recognizing his role for job creation.[13] In 2014, the company was listed in Inc. Magazine's 33rd annual 500 list as the 76th fastest growing company in the United States, ranking 6th highest New York company and 8th in the New York City Metro area.[14][15] He served various high-profile companies and organizations for business travel including Rolex, Walmart, Berkshire Hathaway, The United Nations, Bayer, Colgate, Universal Studios, Triple Five Group, Columbia University, Escada, and Maroon 5 band.[11][16][17][18]

In 2015, Ostreicher launched Regal Card, an airport lounge and travel-benefits membership program as a sister concern of Regal Wings. [19][20] In the late 2016, Regal Wings partnered with China-based lounge developer DragonPass.[21][22]

In 2016, Ostreicher created GeeFi partnering with Hong Kong based YouYou Mobile, a portable device that provides frequent travelers unlimited high speed 4G internet in more than 100 countries.[23][24] In November 2016, GeeFi launched a crowdfunding campaign on Kickstarter which raised $213,404 in 34 days exceeding original goal of $20,000.[25][26][27] However, as of the end of May 2017, he has yet to deliver the device to all of his backers, and has renegged on the promise of actual unlimited 4G internet for Kickstarter backers, instead capping users at 1GB of 4G internet, then severely throttling speeds.[28] Additionally, backers have identified a critical design flaw that requires a user to burn a $10 24 hour day pass in order to keep the software on the device updated; the user has no way to stop this, except to keep the device off. In 2017, he patented One Bag Tag, together with his mentor and long-time friend Bryan Leibman and cousin Chuck Weinreb which provides luggage tracking service for air travels.[29]

Apart from Regal Wings, Ostreicher founded Miles 4 Flights in 2012, which helps individuals convert their airline mileage into flights.[30] In the same year, he started Harei At, the first dating site for orthodox Jewish marriage-minded singles.[5][16][31][32] Following its success, he launched another Jewish dating site called Jedding for Jews of all walks.

Ostreicher has been involved in helping his uncle Jacob Ostreicher in his release from the Bolivian Pamsolan prison where he was held for 18 months without having committed a crime of any sorts.[33][34] He was later released by actor-activist Sean Penn who went to visit him in Bolivia.[35]

Personal life and philanthropy

Ostreicher is an ultra Orthodox Jew and a member of the Brooklyn community. In 2013, Ostreicher donated $500,000 to Bonei Olam, a communal organization that aids married couples dealing with infertility.[36][37][38] He idolizes Barry Liben of Tzell Travel Group as his inspiration to travel business. [39]

In 2017, Ostreicher was vetted by Neal Acosta, a Beverly Hills based Hollywood executive producer for making of a reality show on his life. The show is now being filmed and is scheduled to air towards the end of 2017.

Awards and honors

References

  1. ^ a b Grantz, Nesanel. "Lunch Break With Eli Ostreicher". AMI Magazine. Retrieved January 8, 2015.
  2. ^ "$500k in a Moment of Inspiration". collive.com. April 30, 2013. Retrieved January 6, 2015.
  3. ^ a b Eller, Sandy (January 10, 2014). "Eli Ostreicher Reaches For The Sky". The Jewish Press. pp. 29–30. Retrieved January 6, 2015.
  4. ^ Luchies, Michael (July 15, 2014). "Investing in Service: Interview with Regal Wings Founder Eli Ostreicher". Under30CEO. Retrieved January 6, 2015.
  5. ^ a b c d Eller, Sandy (August 19, 2013). "New York - Brooklyn Orthdoox Businessman Snags #1 Category Ranking In Inc.'s 500 List". VIN News. Retrieved January 6, 2015.
  6. ^ "The Regal Card Introduces Unprecedented Luxury for the Average Traveler" (Press release). CNBC. January 13, 2015. Retrieved January 15, 2015.
  7. ^ "Eli Ostreicher, CEO of Regal Wings: YEC Member Spotlight". Business Insider. September 26, 2013. Retrieved January 6, 2015.
  8. ^ "Regal Wings Takes High Honors, Named to Inc. Magazine's Prestigious 500 List". MarketWatch. August 22, 2013. Retrieved January 7, 2015.
  9. ^ "Investing in Service: Interview with Regal Wings Founder Eli Ostreicher - Veooz.com". Retrieved January 7, 2015.
  10. ^ "Regal Wings Promises Most Affordable Luxury Air Travel This Holiday Season". PRWeb. Retrieved January 6, 2014.
  11. ^ a b "Regal Wings Makes Inc. Magazine's Annual 500-5000 List of Fastest Growing Companies". September 12, 2013. Retrieved January 7, 2015.
  12. ^ "Inc. Magazine - September 2013". INC Magazine. September 2013: 210–211. Retrieved January 6, 2015. {{cite journal}}: Cite journal requires |journal= (help)
  13. ^ "Regal Wings - Brooklyn NY - Inc. 500 - 2013". Inc. Magazine. Retrieved January 9, 2015.
  14. ^ Lagorio-Chafkin, Christine (August 20, 2014). "Business as Usual? Fuggedaboutit! Meet the 10 Fastest-Growing Companies in New York City". Inc Magazine. Retrieved January 15, 2015.
  15. ^ "Regal Wings - Brooklyn, NY - Inc.com". Inc. (magazine). Retrieved January 6, 2015.
  16. ^ a b "YEC Member Spotlight: Eli Ostreicher, CEO of Regal Wings". Yahoo!. Retrieved January 6, 2015.
  17. ^ "Startup People Eli Ostreicher – Founder Of The World's Only Dating Site For Orthodox Jews". November 17, 2013. Retrieved January 7, 2015.
  18. ^ "Fastest Growing New York Companies". September 17, 2014. Retrieved January 7, 2015.
  19. ^ Rothbart, Peter (February 2, 2015). "Is Regal Card Worth It?". Retrieved May 24, 2017.
  20. ^ "The Regal Card Introduces Unprecedented Luxury for the Average Traveler". January 13, 2015. Retrieved May 24, 2017.
  21. ^ "Regal Wings enters premium lounge arena". February 2017. Retrieved May 24, 2017.
  22. ^ "International Partnership Takes the Premium Travel Experience to New Heights". June 21, 2016. Retrieved May 24, 2017.
  23. ^ "GeeFi: A powerbank that gives you unlimited Wi-Fi connectivity". The Financial Express. September 28, 2016. Retrieved May 24, 2017.
  24. ^ "GeeFi: Unlimited 4G Wi-Fi Everywhere You Travel". Retrieved May 24, 2017.
  25. ^ Schofield, Jack (October 12, 2016). "GeeFi provides unlimited 4G broadband worldwide". Retrieved April 1, 2017.
  26. ^ "GeeFi - Unlimited 4G Wi-Fi Everywhere You Travel". Kickstarter. Retrieved April 1, 2017.
  27. ^ "9 Awesome Travel Gadgets That Sought Funding on Kickstarter". FOX NEWS. October 13, 2016. Retrieved May 24, 2017.
  28. ^ "GeeFi | Unlimited 4G Wi-Fi Everywhere You Travel". Kickstarter. Retrieved 2017-05-31.
  29. ^ "Could this be the one bag tag to rule them all?". December 7, 2016. Retrieved May 24, 2017.
  30. ^ "Having a Frequent Flier Freakout? Don't despair — help is closer than you think". Retrieved January 8, 2015.
  31. ^ "Eli Ostreicher, CEO OF REGAL WINGS". Retrieved January 6, 2015.
  32. ^ "Online Travel Agency Miles 4 Flights Helps Travelers Redeem Frequent Flyer Miles on Normally Unavailable Seats". December 13, 2012. Retrieved January 7, 2015.
  33. ^ Shoichet, Catherine E. (December 19, 2012). "Bolivia releases imprisoned American after 18 months". CNN. Retrieved May 24, 2017.
  34. ^ Guttman, Nathan (December 18, 2012). "Jacob Ostreicher Freed on Bail in Bolivia". The Forward. Retrieved May 24, 2017.
  35. ^ "For Brooklyn Entrepreneur, Bolivian Jail and an Actor's Aid". The New York Times. January 1, 2013. Retrieved May 24, 2017.
  36. ^ "$500,000 Donation by Eli Ostreicher to Bonei Olam". April 25, 2013. Retrieved January 6, 2015.
  37. ^ "Eli Ostreicher Donates Half a Million Dollars to Bonei Olam". Matzav.com. April 25, 2013. Retrieved January 8, 2015.
  38. ^ "Thousands Jam Hall For Bonei Olam Dinner". Daily Hamonia. April 24, 2013. Retrieved January 8, 2015.
  39. ^ "Eli Ostreicher - CEO of the week". CEO Golf. Retrieved May 24, 2017.
  40. ^ "Top Companies on the 2013 Inc. Hire Power Awards". INC Magazine. September 2013. pp. 210–211. Retrieved January 6, 2015.
  41. ^ "Eli Ostreicher Donates Half a Million Dollars to Bonei Olam". Yeshiva World News. April 30, 2013. Retrieved January 6, 2015.
  42. ^ Lagorio-Chafkin, Christine. "Meet the 10 Fastest-Growing Companies in New York City". INC.
  43. ^ "New York's Fastest-Growing Companies 2015". Crain's New York Business. Retrieved May 24, 2017.
  44. ^ "New York's Fastest-Growing Companies 2016". Crain's New York Business. Retrieved May 24, 2017.
  45. ^ "Regal Wings - 2017 New York SmartCEO Future 50 Award Winner". SmartCEO. February 13, 2017. Retrieved May 24, 2017.
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