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Farecast

Farecast is a Seattle-based travel startup specializing in airfare prediction, operating at the intersection of travel, artificial...

Facts

HQ
Seattle, Washington
Sectors
Travel, Airfare prediction, Online travel
Stage
former-startup

Otto Startup, Led by Expedia Veteran and Madrona Chairman, Raises $6M to Develop AI Assistant for Business Travel Booking

Seattle-based startup Otto, led by Expedia veteran Michael Gulmann and chaired by Steve Singh of Madrona Ventures, is developing an AI virtual assistant using GPT-4 to simplify business travel booking. The company raised $6 million in a seed round led by Madrona and aims to offer its product for free while earning revenue through booking facilitation.

Read AI's David Shim on Making Meetings More Efficient With Intelligent Agents

In this episode, Madrona Managing Director Matt McIlwain hosts David Shim, founder and CEO of Read AI. These two have known each other for over two decades, having worked together at Farecast and then Placed, which David founded in 2011. They came together again in 2021, when David started Read AI, which delivers AI solutions that make meetings, emails, and messages more valuable to teams with AI-generated summaries, transcripts, and highlights. In this episode, David and Matt examine how leveraging emerging technologies, getting engagement from multiple members of your ecosystem in the early days, and learning your way into a…

#20 Mike Fridgen: Seattle based Startup Incubator Madrona Venture Labs

In this Episode of Startup Project, Nataraj talked to Mike Fridgen, Managing Director at Madrona Venture Labs a Seattle based tech startup incubator. Some of the companies incubated include Style Genome (Acq by Wayfair), Chatitive (Acq by MailChimp), Message Yes (Acq by Nordstrom) & more. Before joining Madrona Venture Labs Mike was part of founding teams at Farecast (Acq by Microsoft) & Decide (Acq by Ebay) where he led product and growth strategies. Full Conversation includes: Farecast.com (Predicting prices) - Acquired by Microsoft Decide.com (next gen consumer reports) - Acquired by Ebay Through line across being part of multiple acquisitions…

Panda AI launches inside AI2 in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning in stealth mode

Panda AI is a stealth B2B startup launched inside the Allen Institute for AI (AI2) in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning, both former AI2 entrepreneurs-in-residence. The company — currently two employees with early access interest and Smartsheet co-founder Eric Browne as product advisor — aims to build next-generation tools for knowledge workers using recent AI breakthroughs.

Oren Etzioni, UW Professor and Decide CTO, Discusses Farecast, Siri, Burning Man and Algorithm-Driven Startups

Oren Etzioni, a University of Washington computer science professor, serial entrepreneur and Madrona Venture Group partner, builds algorithm-driven businesses like Farecast and Decide that predict consumer electronics prices. The interview covers his work, views on AI and social networks, experiences with Siri and Burning Man, and advice for computer science students.