Cruisewatch, a Hannover, Germany-based cruise prediction engine startup, raised $1M in funding.
The backers included a local venture capital company and a bank.
The company intends to use the funds to enhance its AI-based prediction engine.
Co-Founded in 2016 by Titus Leander Keuler (CTO) and Markus Stumpe (CEO), Cruisewatch is a digital cruise consultant that leverages the use of artificial intelligence, mathematical forecasting, and big data analysis to power its predictions. The company’s team of IT specialists and tourism experts developed a cruise price forecasting platform where everything is automated, based on data and self-learning. It has amassed more than 100 million relevant data points to inform consumers of the best time to book a cruise and save up to 80% on the initial price.