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.
|10/01/04||Series A||1.5M||vSpring Capital, Global Catalyst Partners||Unknown|
|07/01/05||Series B||7M||HRJ Capital, Arcturus Capital, Capital One Financial Corp||Unknown|
|01/01/07||Series C||12.1M||Palomar Ventures, Boekhoorn M&A, LundKenner Ventures, Velocity Capital, Individuals Venture Fund, Khalda Development||Unknown|