Eli Ostreicher

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Eli Ostreicher
Born (1984-01-06) January 6, 1984 (age 40)
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

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 luxury and corporate travel provider in the United States.[3][4][5] He also founded various online companies including Harei At, Miles 4 Flights, Regal Meds, The Regal Card and Jedding.[6] He is a member of Young Entrepreneur Council.[5][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.

Career

In 2006, Ostreicher started a small home-based travel business in Aventura, Florida, at the age of 22.[9] In the same year, he moved to New York City and founded Regal Wings.[10] In 2010, he opened a satellite office of the company in Chennai, India.

It grossed over $15.4 million revenue with a 2,513% growth rate in 2012 and was listed as the fastest-growing travel company in the United States.[11] He then expanded the company to 125 employees with travel agent services, business travel management and leisure.[12] With a further 4,146% growth rate in 2013, the company grossed $54.4 million in revenue.[1] It also ranked 10th of Top 100 New York Companies and 12th in the New York City Metro area.[3][8][13] 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.[12][16][17][18]

Apart from Regal Wings, Ostreicher founded Miles 4 Flights in 2012, which helps individuals convert their airline mileage into flights.[19] In the same year, he started Harei At, the first dating site for orthodox Jewish marriage-minded singles.[5][16][20][21] Following its success, he started another Jewish dating site called Jedding for Jews of all walks.

In 2014, Ostreicher founded Regal Meds and The Regal Card as further ventures within the 'Regal' family of companies.

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.[22][23][24]

Awards and honors

  • 2013 Hire Power Awards [25]
  • Nedivas Halev Award [26]

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 c 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 e 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. ^ a b "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. ^ "Inc. Magazine - September 2013". INC Magazine. September 2013: 210–211. Retrieved January 6, 2015. {{cite journal}}: Cite journal requires |journal= (help)
  12. ^ a b "Regal Wings Makes Inc. Magazine's Annual 500-5000 List of Fastest Growing Companies". September 12, 2013. Retrieved January 7, 2015.
  13. ^ a b "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. ^ "Having a Frequent Flier Freakout? Don't despair — help is closer than you think". Retrieved January 8, 2015.
  20. ^ "Eli Ostreicher, CEO OF REGAL WINGS". Retrieved January 6, 2015.
  21. ^ "Online Travel Agency Miles 4 Flights Helps Travelers Redeem Frequent Flyer Miles on Normally Unavailable Seats". December 13, 2012. Retrieved January 7, 2015.
  22. ^ "$500,000 Donation by Eli Ostreicher to Bonei Olam". April 25, 2013. Retrieved January 6, 2015.
  23. ^ "Eli Ostreicher Donates Half a Million Dollars to Bonei Olam". Matzav.com. April 25, 2013. Retrieved January 8, 2015.
  24. ^ "Thousands Jam Hall For Bonei Olam Dinner". Daily Hamonia. April 24, 2013. Retrieved January 8, 2015.
  25. ^ "Top Companies on the 2013 Inc. Hire Power Awards". INC Magazine. September 2013. pp. 210–211. Retrieved January 6, 2015.
  26. ^ "Eli Ostreicher Donates Half a Million Dollars to Bonei Olam". Yeshiva World News. April 30, 2013. Retrieved January 6, 2015.

External links