It’s a headache familiar to many travelers: You book a flight, only to find that ticket prices have dropped not long after your booking. Or perhaps you’d like to travel, but just can’t find affordable airfare. FLYR is working to solve both of these problems by harnessing big data and artificial intelligence to make exceptionally accurate airfare predictions at large scale. Using those predictions, FLYR builds innovative products that take the stress out of buying airline tickets. FLYR’s FareKeep product allows customers to be reimbursed when a fare drops after booking, while the company’s upcoming TripCash product lets consumers get better fares by optimizing ticketing. Founded in 2013 by veteran entrepreneurs Jean Tripier and Alexander Mans, FLYR has partnered with several major travel sites such as TripAdvisor to bring its products to consumers and revolutionize the way airline tickets are bought and sold.
—Bonny Simi, President, JetBlue Technology Ventures
—Jean Tripier, CEO, FLYR