Farecast
AcquiredSeattle, United States · Founded 2003 · $20.1M raised
- Headquarters
- Seattle, Washington
- Founded
- 2003
- Business Model
- B2C
- Website
- farecast.com
- Total Funding
- $20.1M
- Last Round
- $12.0M Series BJan 2007
- Rounds
- 3
- Acquisition Date
- Apr 2008
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 History
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Apr 2008
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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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