according to foreign media news, the United States to buy the ticket tool FLYR was $8 million A round of financing, leading investors from Peter Thiel fund. According to relevant information, FLYR previously received a $3 million 700 thousand seed financing Streamlined Ventures and Montage Ventures lead investment. Flyr branch in Europe has been the world’s largest insurance company Axa $500 thousand equity investment. So far, the company was founded less than two years has been more than 13 million U.S. dollars of financing.

FLYR is an artificial intelligence technology for the user to predict ticket prices. And by the insured, with the lowest price of the ticket purchase options for the user. Artificial intelligence, which is based on self built ticket price database and open industry data obtained. Of course, the company also through the establishment of a proprietary airline ticket price change model over the past year, to more accurately estimate the price of air tickets.

this practice is not new, the test is the ability to predict technology. First of all, users need to book a ticket in advance, and pay a deposit of $20 in a week, as long as the price is not more than 20 U.S. dollars, the user can directly mention the cheapest ticket purchase. When the price is reduced by more than 20 U.S. dollars, the system will automatically buy the lowest ticket for the user.

this is actually equivalent to the theory of air tickets in the insurance, but the difference is that the user is always the lowest price compensation.

in OTA under the premise of the "flow of monopoly, price difference to return" approach to a certain extent, eating some users and cash flow, similar to the company as well as Hopper and Options Away. Hopper completed $61 million 200 thousand C round of financing in December, known as the search accuracy reached 95%. Options Away and by airlines and travel agencies and other cooperation, using B2B2C approach, to provide services for users ticket price.

in response to competition, co-founder and CEO Jean Tripier said the new financing will be the main user to develop new products. Including business travel booking service, ticket booking solution, to expand the company’s product line. In order to compete with the two companies, the company said it would also predict the price and demand from the user to measure the intended behavior, in order to provide more intelligent ticket booking services.

is currently the company’s main business in North America and europe. Jean Tripier said that in order to expand the market, the company will expand its business to other countries in Asia and other countries.

of course, and the ticket price forecast in the same track in the same track search engine. For example, 36 krypton reported Skyscanner day last month by Ctrip acquired the domestic tour, there are similar travel iGola, riding a goose fly with me.

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first_imgThe Arc of Atlantic County is hosting four workshops for parents of children with intellectual and developmental disabilities ages 16 to 21. Learn what resources and support are available for your child now and as they begin to age out of school entitlement programs.Sept 9th | Topic: Post Secondary Education/Employment | Time: 6 to 7 pmSept 30th | Topic: Guardianship and Special Needs Trusts | Time: 6 to 7 pmOct 21st | Topic: Social Security Income and Medicaid – Time: 6 to 7 pmNov 18th | Topic: Self Direction | Time: 6 to 7 pmCall at Allison at 609-485-0800 ext 161 to register for one of the workshops.Location: The Arc of Atlantic County 6550 Delilah Road, Suite 101, Egg Harbor Twp. NJ 08234The Arc of Atlantic County has been helping individuals with intellectual and developmental disabilities and their families for over 50 years. For more information or to register for a workshop, call 609-485-0800 ext 161. Visit us at Arc at: www.arcatlantic.org .— News release from Arc of Atlantic Countylast_img

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