Faredirect Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 6

Employees

  • Latest Deal Type
  • M&A

Faredirect General Information

Description

Operator of an ancillary revenue management platform intended to optimize ancillary product offerings and earn revenue. The company's platform utilizes machine learning techniques to offer the right ancillary product at the right time for the right dynamic price to satisfy each customer, enabling airlines to maximize revenue from the sale of ancillary products and increase the conversion rate.

Contact Information

Website
www.fare.direct
Ownership Status
Acquired/Merged
Financing Status
Formerly Accelerator/Incubator backed
Corporate Office
  • 214 Lower Addiscombe Road
  • London CR0 7AB
  • England, United Kingdom
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Acquirer
FLYR
Vertical(s)
Big Data, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 214 Lower Addiscombe Road
  • London CR0 7AB
  • England, United Kingdom

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Faredirect Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 01-Sep-2021 Completed Generating Revenue
1. Accelerator/Incubator 16-Dec-2020 Completed Generating Revenue
To view Faredirect’s complete valuation and funding history, request access »

Faredirect Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Faredirect Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Techstars Accelerator/Incubator Minority
To view Faredirect’s complete investors history, request access »

Ready to get started?

Request a free trial

Faredirect FAQs

  • When was Faredirect founded?

    Faredirect was founded in 2020.

  • Where is Faredirect headquartered?

    Faredirect is headquartered in London, United Kingdom.

  • What is the size of Faredirect?

    Faredirect has 6 total employees.

  • What industry is Faredirect in?

    Faredirect’s primary industry is Business/Productivity Software.

  • Is Faredirect a private or public company?

    Faredirect is a Private company.

  • What is Faredirect’s current revenue?

    The current revenue for Faredirect is .

  • How much funding has Faredirect raised over time?

    Faredirect has raised $120K.

  • Who are Faredirect’s investors?

    Techstars has invested in Faredirect.

  • When was Faredirect acquired?

    Faredirect was acquired on 01-Sep-2021.

  • Who acquired Faredirect?

    Faredirect was acquired by FLYR.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process