Farecast - About the company
Farecast is an acquired company based in Seattle (United States), founded in 1999 by Oren Etzioni. It operates as an Airfare predictions using data analytics. Farecast has raised $19.1M in funding from Sutter Hill Ventures, with last known valuation of $*****. The company has 12 active competitors, including 2 that have exited. Its top competitors include companies like Refare, Airseed and Kyte.
Company Details
Farecast offered a unique service by providing its users with intelligent airfare predictions. Farecast claims to predict when a user should buy a ticket based upon 175 billion points of previous airfare data. Its engine is claimed to predict whether airfare goes up or down up to a week into the future with a claimed success rate of 70-75%. Results from travel search sites like ReserveTravel, Orbitz, and CheapTicket, are shown on a map with prices and other hotel information.
Key Metrics
Founded Year
1999
Location
Seattle, United States
Stage
Acquired
Total Funding
$19.1M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Aug 31, 2015
Investors
Ranked
1st among 12 active competitors
Employee Count
1 as on May 31, 2026
Exit Details
Acquired by Microsoft (Apr 17, 2008)
Farecast's acquisition details
Click here to take a look at Farecast's acquisition in detail
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Farecast's funding and investors
Farecast has raised a total funding of $19.1M over 2 rounds. Its first funding round was on 2003. Its latest funding round was a Series C round on Jan 30, 2007 for $*****. 8 investors participated in its latest round. Farecast has 7 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Farecast:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 30, 2007 | 6388810 | Series C | 2706045 | 8560929 | 6076987 | 2961894 |
2003 | 5226 | Series B | 8003 | 2593 | 5801 | 9788 |
View details of Farecast's funding rounds and investors
Farecast's founders and board of directors
Founder? Claim ProfileThe founders of Farecast is Oren Etzioni.
Here are the details of Farecast's key team members:
- Oren Etzioni: Founder of Farecast. Contact Info: 1 email address
View details of Farecast's Founder profiles and Board Members
Farecast's employee count trend
Farecast has 1 employees as of May 26. Here is Farecast's employee count trend over the years:
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Farecast's Competitors and alternates
Top competitors of Farecast include Refare, Airseed and Kyte. Here is the list of Top 10 competitors of Farecast, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Farecast 1999, Seattle (United States), Acquired | Airfare predictions using data analytics | $19.1M | 32/100 | |
2nd | Refare 2024, San Francisco (United States), Unfunded | Provider of automated airfare monitoring and refund negotiation services | - | - | 30/100 |
3rd | Airseed 2013, San Francisco (United States), Acquired | Platform for discovering flights price | $500K | 26/100 | |
4th | Kyte 2016, Seoul (South Korea), Funding Raised | App-based flight ticketing platform with price prediction capabilities | - | 25/100 | |
5th | FlyForLess 2024, Unfunded | AI-powered platform to find affordable flight routes and optimize travel | - | - | 24/100 |
6th | Farescout 2010, Denver (United States), Unfunded | Application for discovering the best flight fares | - | - | 24/100 |
7th | Farelert 2013, Wellingborough (United Kingdom), Unfunded | Flight fare tracking application | - | - | 24/100 |
8th | Price lock enabler for booking air travel | - | - | 23/100 | |
9th | Ucuzucur.com 2011, Istanbul (Turkey), Unfunded | Online comparison and discovery platform for economical flight tickets | - | - | 22/100 |
10th | Hellotrip 2013, Amsterdam (Netherlands), Deadpooled | Fare analytics for flights | - | - | 22/100 |
Looking for more details on Farecast's competitors? Click here to see the top ones
Farecast's Investments and acquisitions
Farecast has made no investments or acquisitions yet.
Reports related to Farecast
Here is the latest report on Farecast's sector:
News related to Farecast
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Farecast Takes $12 Million More – TechCrunchTechCrunch+•Jan 25, 2007•Farecast, Sutter Hill Ventures, PAR Capital Management, Greylock Partners and 7 others
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