Company Overview

Update
Status:
Acquired by Microsoft
Founded:
January 1, 2003
Founders:
Oren Etzioni, Jay Bartot
Employees:
26
Headquarters:
Seattle, WA
Funding:
$20.6M
Categories:
Transportation, Travel, Finance
Description:
Farecast is an online service that provides users with intelligent airfare predictions.

Detailed Description

Update

Farecast offers a unique service by providing its users with intelligent airfare predictions. Founded in 2003, Farecast has since gained very healthy funding from several venture funds totaling $20.6 million. Unlike other travel companies, Farecast predicts when a user should buy a ticket based upon 175 billion points of previous airfare data. Its engine can currently predict whether airfare goes up or down up to a week into the future with a claimed success rate of 70-75%. While Farecast has a lot of competition, they claim it is the only company which can predict future prices.

The site has recently expanded to providing the best deals on hotel room as well. Results from travel search sites like ReserveTravel, Orbitz, and CheapTicket, are shown on a map with prices and other hotel information. Farecase gives deal finders an idea if a specific hotel is overpriced or a good deal by marking overpriced hotels blue and attractively-priced hotels red.

Current Team (2)

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Past Team (10)

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Board Members and Advisors (3)

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Products (2)

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  • Zt4e5gyuzfxvagfzs6zg

    Farecast Hotels

    The site helps deal finders see what hotels are overpriced and what hotels are good deals. For...
  • F4rhbtvdtg7i1nesa3t3

    Farecast

    Searching for flights on Farecast generates the lowest current prices followed by a...

Investors (6)

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Offices/Locations (1)

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  • Office

    200 West Thomas Street, Suite 300

    Seattle, WA 98119

    USA

Competitors (10)

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  • 0887ddb309011534030f1996deb5867e

    airfarewatchdog.com

    Airfarewatchdog.com is a discount airfare compiler that uses live agents instead of automated web...
  • 1b821c647476155f62132c6096059e5e

    KAYAK

    Kayak is a travel metasearch engine that allows users to find and book flights, hotels,...
  • 800c1bc975858fde3d0a8e67004fe6cf

    Hotwire

    Hotwire.com is a travel site that offers low rates on airline tickets, hotel rooms, rental cars,...
  • 01c43f91585342f5b14f8693fd4a21b4

    Mobissimo

    Mobissimo is a travel search engine that allows users to compare prices of airline tickets, hotel...
  • B548301e44ff528124b90581ef82d888

    Orbitz Worldwide

    Orbitz Worldwide is an online travel company that offers economical airfares, car rentals,...
  • 387904bc0dd50e90bce566cbc18d31ba

    Expedia

    Expedia.com is an internet-based travel agency booking airline tickets, hotel reservations, car...
  • A1afc3cf0033bc030669c943cdc59461

    TripUp

    TripUp is an interactive travel community enabling members to connect with others, share their...
  • 9a425b12bb589960897c1da94f52f459

    SideStep

    SideStep is a travel search engine that generates revenue via advertising and referral fees.