Fetcherr Raises $12.5M To Dynamically Price Airfare With Algorithms
04/04/23, 1:05 PM
Location
netanya
Money raised
$12.5 million
Industry
leisure
transportation
travel
Investors
M Fund, Left Lane Capital
Roy Cohen believes that there’s a severe underinvestment in tech within the airline industry, with airlines continuing to rely on legacy systems and outdated infrastructures that date back decades. Coming from the e-commerce industry, Cohen felt that airlines weren’t making the most of emerging technologies, particularly AI, which he thought had the potential to bolster profits while cutting costs.
Company Info
Location
netanya, center district, israel
Additional Info
Fetcherr is an Israeli startup that developed an AI-powered, real-time demand predictor and actions optimizer based on deep learning; this enables us to provide cloud-based continuous pricing systems and work-flow optimization to legacy organizations.