AI-based airline sales management solution – Attracted $150 million investment
FLYR Labs develops the Cirrus Revenue Operating System to help airlines make informed decisions.
Using deep learning, it uses data such as reservations, seat status, and flight search to predict flight demand and set air ticket prices to maximize airline sales.
Average airline sales increase by 5-7% by setting the optimal ticket price, and new flights can be proposed by reflecting the route and flight time.
FLYR brings together the best technologists to radically transform air travel through cutting edge technologies that are years ahead of what has been commercially available.
FLYR solves complex problems with beautifully engineered solutions that rely on Deep Learning (AI) and our end-to-end Managed Data Infrastructure to help leading airlines around the world unlock their full potential.
With its Cirrus Business Intelligence Platform, FLYR provides airlines with the insight and intelligence for making the best-informed decisions.
General Information
- Headquarters : San Francisco, CA
- Founders : Alexander Mans, Cyril Guiraud, Jean Tripier
- Categories : Air Transportation, Analytics, AI, Big Data, Machine Learning, Predictive Analytics
- Founded : 2013
- Contact : support@flyrlabs.com
Funding
- Investors : Gopher Asset Management, JetBlue Technology Ventures, Peter Thiel, Silver Lake Waterman, Streamlined Ventures, WestCap, WndrCo
- Funding Rounds (9) - $197.3M
- Sep 22, 2021 Series C / $150M
- May 20, 2021 Convertible Note
- Apr 7, 2021 Convertible Note
- Jun 24, 2019 Series B / $22M
- Jan 18, 2017 Series A / $8M
- Mar 25, 2016 Seed Round / $500K
- Mar 31, 2015 Seed Round / $4.8M
- Jan 22, 2015 Seed Round / $500K
- Jan 1, 2014 Seed Round / $1.5M
Source: Teamflow
👉• Web: https://www.flyrlabs.com/
👉• Video: FLYR Labs - YouTube
0 Comments