About Farelogix
Farelogix is a company based in Miami (United States) founded in 1998 was acquired by Accelya in June 2020.. Farelogix has raised $6 million across 1 funding round from investors including Accelya and Sandler Capital Management. Farelogix offers products and services including FLX ONE, FLX Cargo, Accelya Financial Solutions, FLX ONE NDC, and Accelya Refund Management. Farelogix operates in a competitive market with competitors including ITA Software, JR Technologies, Routehappy, Paxport and GuestLogix, among others.
- Headquarter Miami, 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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Products & Services of Farelogix
Farelogix offers a comprehensive portfolio of products and services, including FLX ONE, FLX Cargo, Accelya Financial Solutions, FLX ONE NDC, and Accelya Refund Management. 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.
Manages airline offers, orders, and merchandising for efficient retailing.
Handles cargo operations from offer to settlement for airlines.
Provides revenue accounting and audit tools for airline transactions.
Enables dynamic pricing and offer management via NDC standards.
Automates refund processes for airline financial operations.
Funding Insights of Farelogix
Farelogix has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series C round of $6 million completed in March 2005. 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 Series C — $6.0M
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First Round
First Round
(02 Mar 2005)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2005 | Amount | Series C - Farelogix | Valuation |
investors |
| 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 Farelogix
Farelogix has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accelya and Sandler Capital Management. 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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Sandler Capital Management is engaged in alternative asset management.
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Financial and commercial solutions are provided to the airline industry.
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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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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 Farelogix
| 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 - Farelogix
| 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 |
Farelogix Comparisons
Competitors of Farelogix
Farelogix 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 ITA Software, JR Technologies, Routehappy, Paxport and GuestLogix, 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 |
Software is developed for airline and travel sectors.
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New distribution capability solutions are provided for airline retailing.
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Flights are meta-searched using happiness factors for amenities.
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Business management solutions are provided for travel service providers.
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Provides retail technology and merchandising, payment, and BI solution
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AI and web-enabled flight ancillary distribution and pricing engine solution provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Farelogix
Frequently Asked Questions about Farelogix
When was Farelogix founded?
Farelogix was founded in 1998 and raised its 1st funding round 7 years after it was founded.
Where is Farelogix located?
Farelogix is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is Farelogix a funded company?
Farelogix is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series C of $6M, raised on Mar 02, 2005.
What does Farelogix do?
Farelogix provides a cloud-based merchandising and retailing solution for airline operators. Its product Airline Commerce Gateway enables airline operators to create control dynamic offerings, offer management, pricing management, merchandise inventory management, schedule management, availability calculator, distribution management, sales channel management. It also enables operator to integrate and distribute across multiple sales channels like airline website, kiosks, mobile apps and online travel sites. Some notable customer are Qatar Airways, Swiftfly, United Airlines and American Airlines.
Who are the top competitors of Farelogix?
Farelogix's top competitors include ITA Software, TPConnects and Paxport.
What products or services does Farelogix offer?
Farelogix offers FLX ONE, FLX Cargo, Accelya Financial Solutions, FLX ONE NDC, and Accelya Refund Management.
Who are Farelogix's investors?
Farelogix has 2 investors. Key investors include Accelya, and Sandler Capital Management.
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