FLYR has raised $295 million, the artificial intelligence-powered travel technology company announced Thursday.
The funding will be used to speed FLYR’s delivery of modern reservation systems, to allow AI-based decision automation and to elevate digital channels for airlines and hospitality brands.
“We’ve been dedicated to reimagining the travel experience since inception,” said Alex Mans, founder and CEO of FLYR. “As the world around us continues to advance, travel has remained in the past, reliant on an oligopoly of archaic technology vendors with misaligned incentives. FLYR makes the future possible today – helping travel providers create the experience customers want, while operating…