See other companies on Welcome to the Jungle

FLYR

Revenue operating system for travel & transport

FLYR logo
501-1000 employees
  • B2B
  • Travel
  • Artificial Intelligence
  • Enterprise
  • Transport
  • Deep Tech
  • Analytics
  • Flights
  • Business Intelligence
  • Machine Learning
  • SaaS
  • Data Analysis
Pico, Santa Monica, CA

Company mission

To relentlessly apply advanced and intuitive technologies that help transportation leaders unlock their ultimate potential.

Top investors

Few candidates hear
back within 2 weeks

Our take

The airline industry is gargantuan, being responsible for hundreds of billions of revenue per year, and yet in managing their revenue, airline operators have traditionally used relatively simplistic regression models based on few variables. FLYR’s deep learning platform dramatically upgrades airline’s pricing strategy by ingesting a whole host of data provided by the airline to predict demand and revenue, and set the price.

FLYR’s technology takes into account information such as bookings, accounting data, searches, capacity, and even weather and promotions. After proving itself capable of delivering 5%-plus revenue uplifts for airlines, the company began fleshing out its offerings to keep up with the requirements of its large and growing customer base.

FLYR have made a significant number of acquisitions in recent years; including Pace Revenue, a UK-based seller of rate-setting tools for hotels and lodging companies. This activity tunes in to the expectation that the company will bring its sophisticated pricing models to other sectors of the travel industry. FLYR has also gained new partner airlines in JetBlue and Azul, showing that its core offering has not lost any of its traction.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Medical, Dental & Vision
  • Generous PTO
  • A dedicated learning budget to support everyone’s growth
  • Home office reimbursements
  • Retirement with company-match to support your investments
  • Perks include modern offices stocked with snacks and beverages, lunch reimbursements, and social events

Company values

  • Navigate Together - Create a culture where everyone is welcome, achievements are celebrated together, and timing is everything.
  • Act as an Owner - Never settle for mediocrity or compromise integrity. Understand the big picture and recognize the impact of each contribution.
  • Communicate Fearlessly - Be present, offer constructive, timely feedback and ideas. Equip others with the information needed to succeed.
  • Embrace Intellectual Curiosity - Experiment, learn and adjust. Make decisions with high conviction and let data lead the way. Fail fast, win faster.

Funding (last 2 of 7 rounds)

Aug 2024

$225m

SERIES D

Sep 2021

$150m

SERIES C

Total funding: $390.3m

This company has top investors

Leadership

Serial entrepreneur who founded successful startups in the Network Security and HealthTech space in Amsterdam before founding FLYR Labs.

Jobs (10)

All locations

Software Engineering