FLYR Lands Investment

What does FLYR do?

FLYR,  is a company which uses data science for the prediction of airfares and powering innovation booking tools. Booking airfares was very confusing and involved a lot of uncertainty and hassles. All of this is put to end with this company. This company tells users what will happen. The company forecasts future fare volatility through complex data analysis, helping the users in building tools for extracting signal from a world of noise.

How much FLYR was funded?

The company raised undisclosed amount in an undisclosed series on March 25, 2016 from JetBlue Technology Ventures.

Previous funding

• $1.5M on July 15, 2014 from Plug and Play, Signatures Capital, Shawn V. Gruver, Pankaj Shah,  Ullas Naik, Todd Kimmel, Streamlined Ventures, Chasm Capital, Semil Shah, Roger Bamford, Jonathan Curtis,  Michael Liou, Tom Rice, WTI, Montage Ventures, Western Technology Investment.
• $500k on January 22, 2015 from AXA Seed Factory
• $4.84M on March 31, 2015 from Streamlined Ventures, Western Technology Investment, Montage Ventures, Hamid Borkhordhar, Ullas Naik, Shawn V. Gruver and Chasm Capital.

What is next for FLYR?

The company plans to use the latest funding for expanding beyond its current offering for creating new airline and broader hospitality sector products.

More about FLYR

FLYR was founded by Alexander Mans, Jean Tripier and Cyril Guiraud. It has its headquarters in San Francisco, CA. The company leverages machine learning and predictive analytics for creating forecasts which offer travel customers some flexibility and peace of mind when evaluating constant airfare changes, and provides the travel providers with opportunities and insights for revenue increase. The company was founded because the constantly changing airfares have become a frustration that no traveler has to ever deal with.  Customers can get general travel advice from anywhere but this company addresses the traveler’s specific needs accurately.