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.
- Headquarter San Francisco, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Farel, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Aug 26, 2020
- Investors
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $150,000
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First Round
First Round
(26 Aug 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2020 | Amount | Seed - Farel | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Farel
Farel has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Farel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Farel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Farel Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SaaS-based booking and loyalty solutions for airlines are offered.
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| domain | founded_year | HQ Location |
Travel technology solutions for the airline industry are provided.
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| domain | founded_year | HQ Location |
Cloud-driven systems for airline interlining and collaborative bookings are provided.
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| domain | founded_year | HQ Location |
Software solutions for air transport operators are provided.
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| domain | founded_year | HQ Location |
Online system for travel agents to book fares and access support services efficiently.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Farel
When was Farel founded?
Farel was founded in 2020.
Where is Farel located?
Farel is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Farel a funded company?
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 26, 2020.
What does Farel do?
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.
Who are the top competitors of Farel?
What products or services does Farel offer?
Farel offers Farel Platform, IBE Website Builder, Mobile App, API Integration, and Agency Platform.
Who are Farel's investors?
Farel has 1 investor. Key investors include Y Combinator.
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