Farecast

Acquired

Seattle, United States · Founded 2003 · $20.1M raised

Founded
2003
Business Model
B2C
Total Funding
$20.1M
Last Round
$12.0M Series BJan 2007
Rounds
3
Acquisition Date
Apr 2008

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Farecast was a Seattle travel technology company founded in 2003 that used predictive data mining and machine learning to forecast future airline ticket prices, telling travelers whether to buy now or wait for a better fare. The site launched publicly in May 2007, was named among Time Magazine's top websites, and grew into a broader smart travel search engine covering airfare and hotel price predictions. Microsoft acquired Farecast for $115 million in April 2008, integrating its technology into Live Search and later Bing Travel before discontinuing the standalone price-prediction feature in 2014.

Summary

Farecast is a Travel & Hospitality company based in Seattle, United States, founded in 2003. It has raised $20.1M in total across 3 rounds, most recently a $12.0M Series B round in Jan 2007. Investors include Greylock Partners, Microsoft and Madrona Venture.

Funding & Exit History

AcquisitionApr 2008

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Funding: Series A through Series B. Amounts, valuations, and investors where available.

Investors

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