Farecast

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Website: http://farecast.com/

Blog: http://www.farecast.com/blog/

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»

Address: 200 West Thomas Street, Suite 300 Seattle, WA 98119 Map it »

Founded: 2003

Employees: 26

Industry: Consumer Internet

Sub-Industry: Search / Portal

Ownership: Subsidiary

Parent Company: Microsoft

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Management

Board of Directors

Date	Type	Capital Amount	Post-Money Valuation	Investors
10/2004	Series A	1.5M	Unknown	Madrona Venture Group, WRF Capital
07/2005	Series B	7M	Unknown	Greylock Partners, Madrona Venture Group, WRF Capital
01/2007	Series C	12.1M	Unknown	Greylock Partners, Madrona Venture Group, PAR Capital Management, Pinnacle Ventures, Sutter Hill Ventures, WRF Capital

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.
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Last Edit:

05/20/2008 09:36AM by green33

History:

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User Opinions

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Bullish Opinions (5)	Author/Date	Do you agree?
Useful, unique service 1 comment Add Comment	kenny 06/04/2008		67% 3 votes 2 33% 1
the site is useful, but looks very similar to kayak	irpip	07/24/2008
Being part of Microsoft search will bring them a lot more users Add Comment	eyoung 05/21/2008		100% 1 vote 1 0% 0
They now have over 1 million unique visitors per month Add Comment	anyal 04/17/2008		100% 2 votes 2 0% 0
Many cost conscious travelers are interested in Farecast Add Comment	anyal 04/17/2008		100% 2 votes 2 0% 0
Acquisition from Microsoft will help drive more users and traffic Add Comment	anyal 04/17/2008		100% 2 votes 2 0% 0