Official press releases from Fetcherr, credible news sources

Fetcherr Secures $90M Series B Led by Battery Ventures to Revolutionize Airline Pricing with AI

Jun 26, 2024, 01:01 PM

Fetcherr, an AI-powered tech startup, has secured $90 million in a Series B funding round led by Battery Ventures. The company aims to revolutionize airline pricing by implementing dynamic pricing models that use AI to forecast demand and adjust fares in real-time. This approach allows airlines to maximize revenue and stay competitive. The total funding for Fetcherr now stands at $114.5 million. The initiative, reported by Kyle Wiggers of TechCrunch, has sparked controversy due to its potential impact on travelers, as prices could fluctuate based on factors such as timing and weather conditions.