Fineway - About the company
Fineway is a deadpooled company based in Munich (Germany), founded in 2015 by Sebastian Slomski and Markus Feigelbinder. It operates as an AI powered personal travel assistant for holiday bookings. Fineway has raised $17.7M in funding from Bayern Kapital and Mairdumont Ventures. The company has 13 active competitors, including 1 that has exited. Its top competitors include companies like traveler, Laya Ai and Hotel MSSNGR.
Company Details
AI powered chat based personal travel assistant for planning and booking holiday bookings. The platform uses a semantic bot to converse with customers and identify preferences. The platform claims to discover customer preferences based on historical data, preferences of similar traveler profiles, and social graphs.
- Website
- fineway.ai
Key Metrics
Founded Year
2015
Location
Munich, Germany
Stage
Deadpooled
Total Funding
$17.7M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 13 active competitors
Employee Count
66 as on Dec 31, 2019
Legal entities associated with Fineway
Fineway is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Fineway GmbH CIN: HRB213394 , Germany, Active | Aug 06, 2014 | - | 66 (As on Dec 31, 2019) |
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Fineway's funding and investors
Fineway has raised a total funding of $17.7M over 3 rounds. Its first funding round was on Dec 03, 2015. Its latest funding round was a Series A round on Nov 30, 2018 for $*****. 1 investor participated in its latest round. Fineway has 4 institutional investors.
Here is the list of recent funding rounds of Fineway:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 30, 2018 | 4173973 | Series A | 1771501 | 6868757 | 5978226 | 1905237 |
Nov 28, 2017 | 5566061 | Series A | 4484538 | 3132408 | 3825389 | |
Dec 03, 2015 | 3275588 | Seed | 8648945 | 8628146 | 3019406 |
View details of Fineway's funding rounds and investors
Fineway's founders and board of directors
Founder? Claim ProfileThe founders of Fineway are Sebastian Slomski and Markus Feigelbinder.
Here are the details of Fineway's key team members:
- Sebastian Slomski: Co-Founder of Fineway and founder of 1 other company.
- Markus Feigelbinder: Co-Founder of Fineway and founder of 2 other companies, Fineway and Laya Ai.
View details of Fineway's Founder profiles and Board Members
Fineway's employee count trend
Fineway has 66 employees as of Dec 19. The total employee count is 32.0% more than what it was in Dec 18. Here is Fineway's employee count trend over the years:
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Fineway's Competitors and alternates
Top competitors of Fineway include traveler, Laya Ai and Hotel MSSNGR. Here is the list of Top 10 competitors of Fineway, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI powered personal travel assistant for holiday bookings | $17.7M | 47/100 | ||
2nd | App-based platform to create & share travel itinerary | - | - | 33/100 | |
3rd | AI-driven tech platform to commoditize multi-stop trip packages | - | 30/100 | ||
4th | Hotel MSSNGR 2012, Bad Tolz (Germany), Unfunded | Provider of guest engagement solutions for hotels | - | - | 28/100 |
5th | PlanYourTrip 2015, Leipzig (Germany), Unfunded | Online platform for planning and organizing trips | - | - | 27/100 |
6th | Dialog Shift 2018, Berlin (Germany), Unfunded | Provider of a chatbot solution to automate guest communication | - | - | 26/100 |
7th | AI chatbot to manage phone calls for hotels | - | - | 24/100 | |
8th | Hotel Reservation Bot 2018, Cologne (Germany), Unfunded | Provider of guest engagement solutions for hotels | - | - | 24/100 |
9th | Provider of AI-enabled booking conversation chatbot software for hotels | - | 22/100 | ||
10th | Online platform that provides trip itinerary planning | - | - | 16/100 |
Looking for more details on Fineway's competitors? Click here to see the top ones
Fineway's Investments and acquisitions
Fineway has made no investments or acquisitions yet.
Reports related to Fineway
Here is the latest report on Fineway's sector:
News related to Fineway
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Munich-based Holidu raises €40 million in Series C funding for its holiday rental platformEU-Startups•Sep 17, 2019•Holidu, Prime Ventures, Coparion, Mairdumont Ventures and 14 others
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Fineway Closes €7M Funding RoundFinSMEs•Nov 28, 2017•Fineway, Bayern Kapital, Mairdumont Ventures, Axel Springer SE and 1 other
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