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Fairlyne

Fairlyne

Fairlyne is a resale-as-a-service platform offering incremental revenue to the travel industry.

OverviewStructured DataIssuesContributors

Contents

fairlyne.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Software as a service (SaaS)
Software as a service (SaaS)
0
‌
Travel technology
Hospitality industry
Hospitality industry
0
‌
Ticket resale
0
Location
Paris
Paris
0
B2X
B2B
B2B
CEO
Gilles de Richemond
Gilles de Richemond
0
Founder
Michael d'Eboli
Michael d'Eboli
0
Gilles de Richemond
Gilles de Richemond
0
Morgan Guérin
Morgan Guérin
0
Pitchbook URL
pitchbook.com/profiles...498485-62
Number of Employees (Ranges)
1 – 10
Email Address
Investors
Evolem Start
Evolem Start
‌
Evolem
Kima Ventures
Kima Ventures
Speedinvest
Speedinvest
FJ Labs
FJ Labs
Founded Date
2021
Total Funding Amount (USD)
6,000,000
Latest Funding Round Date
July 12, 2023
Latest Funding Type
Seed
Seed
Country
France
France
Headquarters
Paris
Paris

Other attributes

Latest Funding Round Amount (USD)
3,000,000
Overview

Fairlyne is a developer of a resale-as-a-service software platform intended to help users resell travel tickets that are otherwise non-refundable. The platform is developed to analyze customers' needs, detect when customers are about to abandon, generate new contacts, provide contextualized data, monitor value and analytics, and track conversions, all to help create incremental revenue in the travel industry and open new revenue potential through personalized content.

Platform

Fairlyne's resale-as-a-service platform is developed to be integrated into a user's website as a white-label product. This allows travel companies to offer a resale service for tickets based on their branding and their brand expectations while also offering similar services as other bookable events, thereby increasing customer satisfaction and increasing revenue streams. The platform allows tourism and travel operators to establish a secondary market on their channels. This can help operators generate additional revenue, boost brand loyalty, and create a better customer experience.

Airlines

For airlines, Fairlyne offers passengers more flexibility on non-refundable tickets and allows the airline to unlock new revenues through a resale market on those tickets. A customer can list a ticket for resale and receive a voucher for that ticket when a new buyer is found. This can help airlines generate more brand loyalty for the increased flexibility.

Railways

For railways, Fairlyne markets its platform as an opportunity to create incremental revenue, offering greater flexibility while reducing no-show rates and ensuring trains and their carriages are as fully booked as possible while increasing the availabilities of passenger spots on trains.

Hospitality

For the hospitality industry, Fairlyne markets its platform as a chance to increase incremental revenue, offering more flexibility to customers and reducing no-show rates. Customer satisfaction can be improved due to greater flexibility while not increasing operational or commercial risks.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Paris-based Fairlyne bags €2.7 million to turn non-refundable tickets into resalable fares | EU-Startups

Stefano De Marzo

https://www.eu-startups.com/2023/07/paris-based-fairlyne-bags-e2-7-million-to-turn-non-refundable-tickets-into-resalable-fares/

Web

July 12, 2023

References

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