Flyr, a San Francisco, CA-based travel and data science company, received an investment from JetBlue Technology Ventures, the new venture capital subsidiary of JetBlue Airways (NASDAQ: JBLU).
The amount of the deal was not disclosed.
The company intends to use the funds to expand beyond its current offering to create new airline and broader hospitality sector products.
Founded in 2013 and led by Jean Tripier, Chief Executive Officer, Flyr leverages machine learning and predictive analytics to create price forecasts for travel customers to evaluate changing airfares, and provide travel providers with insights and opportunities to increase revenue.
The service currently covers all North-American and most European flight routes.
FinSMEs
25/03/2016