About Farel
Farel is a company based in San Francisco (United States) founded in 2020. It operates as a SaaS (Software-as-a-Service) and Pay-per-Use / Usage-Based. Farel has raised $150 thousand across 1 funding round from investors including Y Combinator. Farel offers products and services including Farel Platform, IBE Website Builder, Mobile App, API Integration, and Agency Platform. Farel operates in a competitive market with competitors including Switchfly, GoQuo, Air Black Box, Airtrade and Faremine, among others.
- Total Equity Funding$150K (USD)
in 1 rounds
- Latest Funding Round$150K (USD), Seed
Aug 2020
- Investors
Products & Services of Farel
Farel offers a comprehensive portfolio of products and services, including Farel Platform, IBE Website Builder, Mobile App, API Integration, and Agency Platform.
An all-in-one software for airline operations management.
A tool for creating airline websites quickly.
A branded app for mobile travel market.
Enables inventory listing on online travel platforms.
A portal for travel agency distribution needs.
Funding Insights of Farel
Farel has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in August 2020. 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 $150,000
- Total Rounds 1
- Last Round Seed — $150,000
- First Round $150,000
(Aug 2020)
- Investors Count 1
All 1 funding rounds of Farel 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 |
|---|---|---|---|---|---|
| Aug 2020 | $150,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Farel
Farel has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for Farel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Farel
9 people are tracked at Farel (3 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Askhat Omarov | Founder/CEO | Leadership |
Victor Shlykov | Chief Operating Officer | Leadership |
Anabela dos Reis Moreira | Head of People | Leadership |
Andrey Shischits | Senior Java Software Engineer | Team |
Aleksei Agapov | Senior Java/kotlin Developer | Team |
Maksim Dudin | Technical Lead | Team |
Yar Alferyev | Product Owner | Team |
Ivan Balukov | Engineering Manager | Team |
Yelena Pak | IT recruiter | Team |
Complete people profiles for Farel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Farel
2 dated milestones of Farel, from founding to its latest funding, stage changes and deals.
- Founded Farel is founded.
- Funding First funding round of $150K.
Competitors of Farel
Farel 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 Switchfly, GoQuo, Air Black Box, Airtrade and Faremine, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| switchfly.com | 2003 | San Francisco, United States | $34.05M | 72 | SaaS-based booking and loyalty solutions for airlines are offered. | |
| goquo.com | 2002 | Kuala Lumpur, Malaysia | $6M | 5 | Travel technology solutions for the airline industry are provided. | |
| airblackbox.com | 2012 | London, United Kingdom | – | 16 | Cloud-driven systems for airline interlining and collaborative bookings are provided. | |
| airtrade.com | 1989 | Haarlem, Netherlands | – | – | Software solutions for air transport operators are provided. | |
| faremine.com | 1981 | Bradford, United Kingdom | – | – | Online system for travel agents to book fares and access support services efficiently. | |
| id90t.com | 2001 | Grapevine, United States | $3M | – | Develops specialized software for airline ticket booking processes. | |
| ppsflightplanning.com | 1989 | Billund, Denmark | – | – | Develops flight planning software with integrations for airlines and aviation operators. | |
| nutravel.com | 2004 | Purchase, United States | – | 26 | Reservation and traveler management solutions for airlines are provided. | |
| safeconnect.pl | 2017 | Sofia, Bulgaria | – | – | Interlining booking systems are supplied to the aviation sector. |
Detailed competitors of Farel
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Farel
The website of Farel (farel.io) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 71.3% vs previous month
Similar companies to Farel
10 companies that operate in the same segment as Farel (Aviation Software & IT Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS-based operations management is provided for hospitality and aviation sectors. | 1987 | Madrid, Madrid, Spain | – | USD 7.66 B | 20,640 | |
Private airline services are offered via a membership-based subscription model. | 2012 | Santa Monica, California, United States | USD 24.78 M | USD 106.56 M | 703 | |
Multiple travel services are booked via an online platform. | 1945 | Orly, Ile-de-france, France | – | USD 7.87 B | 29,330 | |
Private jets are booked through an online membership platform. | 2013 | New York, New York, United States | USD 401.58 M | USD 736.5 M | 1,870 | |
Satellite-based communication services for data and voice are provided globally. | 1979 | London, England, United Kingdom | – | – | – | |
Provider of cloud-based NDC aggregator platform for the airline industry | 2016 | Kochi, Kerala, India | USD 29.38 M | USD 735.83 K | 123 | |
Cloud-based enterprise content management and compliance are delivered. | 2007 | Beloit, Wisconsin, United States | USD 12 M | – | – | |
AI-enabled inventory optimization and e-commerce solutions for airlines are provided. | 2008 | Atlanta, Georgia, United States | USD 9.35 M | – | 13 | |
Blockchain and SaaS solutions are delivered for travel providers. | 1971 | Atlanta, Georgia, United States | – | – | – | |
In-flight connectivity and entertainment solutions are provided for airlines. | 1991 | Itasca, Illinois, United States | USD 297.14 M | USD 910.49 M | 790 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Farel
Farel was founded in 2020.
Farel is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Farel is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Aug 2020.
Farel is developed as an all-in-one software platform for growing airlines, particularly targeting African airlines and startups. Operations are streamlined through inventory management, departure control, and customer-facing technology. Multichannel distribution is supported to enhance revenue streams. Solutions are provided for website building, mobile app development, API integrations, and agency portals. Seamless automation is implemented to save time and reduce costs in airline operations.
Farel offers Farel Platform, IBE Website Builder, Mobile App, API Integration, and Agency Platform.
Farel has 1 investor. Key investors include Y Combinator.
Farel operates through Farel, Inc..