About Farecast
Farecast is a company based in Seattle (United States) founded in 1999 was acquired by Microsoft in April 2008. Farecast has raised $19.1 million across 2 funding rounds from investors including Microsoft, Pinnacle Ventures and Narrative Fund. Farecast operates in a competitive market with competitors including Airseed, Algofly, Sqygl, Farebond and Hidden Flights, among others.
- Headquarter Seattle, United States
- SectorsTravel & Hospitality
- Website farecast.com
- Social LinkedIn
- Acquired by Microsoft (Apr 2008)
Funding Insights of Farecast
Farecast has successfully raised a total of $19.1M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $12.1 million completed in January 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $19.1M
- Total Rounds 2
- Last Round Series C — $12.1M
- First Round $7M
(Jun 2003)
- Investors Count 8
All 2 funding rounds of Farecast with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2007 | $12.1M | Series C | – | Sutter Hill Ventures | |
| Jun 2003 | $7M | Series B | – | – | – |
9 investors in total: 8 institutional and 1 angel.
Investors in Farecast
Farecast has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Microsoft, Pinnacle Ventures and Narrative Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Consumer tech startups are funded by this micro VC firm. | – | narrative.fund | San Francisco, United States | |
VC firm investing in the US | – | shv.com | Palo Alto, United States | |
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | - | |
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | – | madrona.com | - | |
Venture debt and equity financing are provided across US sectors. | 2002 | pinnacleventures.com | Palo Alto, United States | |
Early-stage venture capital is provided to US companies across sectors. | – | wrfseattle.org | Seattle, United States | |
Manages private investment funds with fundamental research and disciplined portfolio strategies. | 1990 | parcapital.com | Boston, United States | |
Microsoft is recognized for software, hardware, and gaming solutions. | 1975 | microsoft.com | Redmond, United States | |
EB Erik Blachford | Angel investor, ex-CEO of Expedia, active in Indian startups | – | unknown_5062f8e3d99c4e79a | - |
Investor details for Farecast
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Farecast
4 dated milestones of Farecast across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Farecast is founded.
- Funding First funding round of $7.0M.
- Funding Latest funding round, Series C, of $12.1M.
- Exit Acquired by Microsoft.
Competitors of Farecast
Farecast operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airseed, Algofly, Sqygl, Farebond and Hidden Flights, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| airseed.com | 2013 | San Francisco, United States | $500,000 | – | Flight prices are discovered and tracked via a personalized platform. | |
| algofly.fr | 2014 | – | – | – | Flight tickets are searched and booked online with fare analytics. | |
| sqygl.com | 2016 | Orlando, United States | $25,000 | – | Provides a digital hub for analyzing multi-city flight fares. | |
| farebond.com | 2016 | Bengaluru, India | – | – | Enables price locking for secure air travel bookings. | |
| hiddenflights.com | 2014 | Or Yehuda, Israel | – | – | Online platform for travelers to predict prices for airline tickets |
Detailed competitors of Farecast
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Farecast
Websites that share an audience with Farecast (farecast.com).
Websites whose visitors overlap most with Farecast. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| yapta.com | 100% | – | – | View details | |
| farecompare.com | 100% | 213.5K | #173,243 | View details | |
matrix.itasoftware.com | matrix.itasoftware.com | 96% | – | – | – |
farecast.live.com | farecast.live.com | 93% | – | – | – |
| cheapair.com | 92% | 67.8K | #522,370 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 35 similar websites and full traffic analytics for Farecast
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- 35 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Latest news on Farecast
Complete news archive for Farecast
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Farecast
10 companies that operate in the same segment as Farecast (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 4,543 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | – |
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Frequently Asked Questions about Farecast
Farecast was founded in 1999 and raised its 1st funding round 4 years after it was founded.
Farecast is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Farecast is a funded company, having raised a total of $19.1M across 2 funding rounds to date. The company's 1st funding round was a Series B of $7M, raised on Jun 2003.
Farecast was founded in 1999 in Seattle, United States, within the travel technology sector. Airfare predictions are generated using 175 billion historical data points to forecast price changes up to a week ahead, with reported accuracy rates of 70-75. Integration of results from travel sites such as Orbitz and CheapTickets is provided, displayed on maps alongside prices and hotel information for user reference.
Farecast's top competitors include Airseed, Algofly and Hidden Flights.
Farecast has 9 investors. Key investors include Microsoft, Pinnacle Ventures, Narrative Fund, Sutter Hill Ventures, and PAR Capital Management.
Yes. Farecast was acquired by Microsoft in April 2008.