Fetcherr
Category: AI Search / Retrieval
Fetcherr offers a generative AI-powered platform that uses algorithmic trading methodologies to provide dynamic pricing and inventory management for the airline industry. Fetcherr was founded in 2019. The company is led by Roy Cohen. Based in Netanya, Israel. Team size: 11-50. Total funding raised: $151.5M. Latest round: Series C. Key investors include Battery Ventures, Left Lane Capital, M-Fund Club.
- Founded
- 2019
- Headquarters
- Netanya, Israel
- Team size
- 11-50
- Total funding
- $151.5M
Value proposition
To maximize revenue and optimize workflows for airlines by providing dynamic, real-time pricing and demand prediction with high accuracy, seamlessly integrated with existing systems.
Products and solutions
Generative Pricing Engine, Inventory Management Solution, Large Market Model (LMM)
Unique value
Fetcherr utilizes a proprietary Large Market Model (LMM), an AI engine inspired by financial algorithmic trading, to analyze and predict market dynamics. Unlike traditional models, it's built to understand market trends, not just language or images, allowing it to be product-agnostic.
Target customer
Airlines and aviation companies.
Industries served
Aviation
Technology advantage
The core advantage is their AI's ability to continuously and autonomously perform micro-optimizations in pricing, based on hundreds of data sources including historical data, weather, and political events. They claim up to 90% accuracy in price prediction up to a year in advance.
How they differentiate
Fetcherr differentiates itself through its proprietary AI-powered Generative Pricing Engine (GPE). Unlike traditional, static rule-based systems, Fetcherr's engine uses deep learning and reinforcement learning, inspired by algorithmic trading, to continuously and autonomously generate and adjust prices in real-time based on live market data and predicted demand.
Main competitors
PROS (formerly Vistex), Sabre, Amadeus
Key partnerships
Delta Air Lines, Virgin Atlantic, WestJet, VivaAerobus, Azul Airlines, Royal Air Maroc
Notable customers
Delta Air Lines, Royal Air Maroc, Virgin Atlantic, WestJet, VivaAerobus, Azul Airlines
Major milestones
Successfully raised $90 million in a Series B funding round in June 2024, led by Battery Ventures., Development and launch of its core product, the Generative Pricing Engine (GPE)., Named a 'PhocusWire Hot 25 Travel Startup for 2023'., Established strategic commercial agreements with major international carriers, including Delta Air Lines.
Growth metrics
Specific growth metrics such as revenue or user growth are not publicly disclosed. Growth is indicated by its successful funding rounds and expanding customer base.
Market positioning
Fetcherr is positioned as an AI-native disruptor in the airline and travel tech industry, challenging legacy revenue management systems. It targets airlines seeking to move from traditional pricing strategies to a fully automated, dynamic, and market-driven approach to maximize revenue.
Geographic focus
While founded and headquartered in Tel Aviv, Israel, Fetcherr has a global focus, with significant partnerships and customer focus in North America and other international markets.
Patents and IP
Information not publicly available.
About Roy Cohen
Co-founder and CEO of Fetcherr since 2019. Previously founded a stealth B2B e-commerce startup.
Official website: https://www.fetcherr.io/