logo
logo

Fetcherr Raises $12.5M To Dynamically Price Airfare With Algorithms

Apr 04, 2023over 2 years ago

Amount Raised

$12.5 Million

NetanyaLeisureTransportationTravel

Investors

M FundLeft Lane Capital

Description

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a severe underinvestment in tech within the airline industry, with airlines continuing to rely on legacy systems and outdated infrastructures that date back decades.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 Information

Company

Fetcherr

Location

Netanya, Center District, Israel

About

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.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech