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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
Ranked
Employee Count
1 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Microsoft (Apr 17, 2008)

Farecast's acquisition details

Farecast got acquired by Microsoft on Apr 17, 2008 at an acquisition amount of $*****.
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
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Farecast's founders and board of directors

Founder? Claim Profile
The founders of Farecast is Oren Etzioni.
Here are the details of Farecast's key team members:

Farecast's employee count trend

Farecast has 1 employees as of May 26. Here is Farecast's employee count trend over the years:
Employee count trend for Farecast
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Farecast
Farecast
1999, Seattle (United States), Acquired
Airfare predictions using data analytics
$19.1M
32/100
2nd
Logo for Refare
Refare
2024, San Francisco (United States), Unfunded
Provider of automated airfare monitoring and refund negotiation services
-
-
30/100
3rd
Logo for Airseed
Airseed
2013, San Francisco (United States), Acquired
Platform for discovering flights price
$500K
26/100
4th
Logo for Kyte
Kyte
2016, Seoul (South Korea), Funding Raised
App-based flight ticketing platform with price prediction capabilities
-
25/100
5th
Logo for FlyForLess
FlyForLess
2024, Unfunded
AI-powered platform to find affordable flight routes and optimize travel
-
-
24/100
6th
Logo for Farescout
Farescout
2010, Denver (United States), Unfunded
Application for discovering the best flight fares
-
-
24/100
7th
Logo for Farelert
Farelert
2013, Wellingborough (United Kingdom), Unfunded
Flight fare tracking application
-
-
24/100
8th
Logo for Farebond
Farebond
2016, Bengaluru (India), Deadpooled
Price lock enabler for booking air travel
-
-
23/100
9th
Logo for Ucuzucur.com
Ucuzucur.com
2011, Istanbul (Turkey), Unfunded
Online comparison and discovery platform for economical flight tickets
-
-
22/100
10th
Logo for Hellotrip
Hellotrip
2013, Amsterdam (Netherlands), Deadpooled
Fare analytics for flights
-
-
22/100
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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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FAQs about Farecast

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