Farecast Overview
Farecast offers a unique service by providing its users with domestic airfare predictions. 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%.
Farecast was acquired by Microsoft...More»
Farecast offers a unique service by providing its users with domestic airfare predictions. 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%.
Farecast was acquired by Microsoft on 4/08 for $115M.«Less
Key People
Management
Board of Directors
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 10/2004 | Series A | 1.5M | Unknown | |
| 07/2005 | Series B | 7M | Unknown | |
| 01/2007 | Series C | 12.1M | Unknown |
Products
| Name: | Farecast |
| Product URL: | http://farecast.com/ |
| Date Launched: | 05/2006 |
| Description: | Farecast.com is the first airfare prediction website in the computer reservations system industry. |
| Screenshots: |
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Page Information
01/08/2009 07:52PM by tourmandu
User Opinions
Bulls vs. Bears (6)
| Bullish Opinions (5) | Author/Date | Do you agree? | |
|---|---|---|---|
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Useful, unique service
1 comment
Add Comment
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kenny 06/04/2008 |
67% 3 votes 2 33% 1 |
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irpip | 07/24/2008 | |
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Being part of Microsoft search will bring them a lot more users |
eyoung 05/21/2008 |
100% 1 vote 1 0% 0 |
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They now have over 1 million unique visitors per month |
anyal 04/17/2008 |
100% 2 votes 2 0% 0 |
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Many cost conscious travelers are interested in Farecast |
anyal 04/17/2008 |
100% 2 votes 2 0% 0 |
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Acquisition from Microsoft will help drive more users and traffic |
anyal 04/17/2008 |
100% 2 votes 2 0% 0 |
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| Bearish Opinions (1) | Author/Date | Do you agree? | |
|---|---|---|---|
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interface is good and easy to use, but results are similar to kayak and is full of ads |
irpip 07/24/2008 |
100% 1 vote 1 0% 0 |
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CNET Webware Editor’s Choice Award!
May 20, 2009 - 0 comments
Summer Forecast Update
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Summer travel forecast
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Farecast is a CNET Webware 100 finalist - Please Vote for us!
Mar 31, 2009 - 0 comments
Fareology on Twitter!
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Farecast on Twitter
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