Deal Engine provides an AI-enabled platform that automates airline ticket refunds and changes for travel companies. Integrations with Global Distribution Systems and settlement systems such as Saber, Amadeus, Travelport, BSPLink and ARC allow the company to automatically execute refunds and changes daily. Utilizing proprietary AI and APIs, its algorithms bring automation to travel companies in over 30 countries. Led by CEO Alex Jara, Deal Engine aims to save time and money for customers by automating routine refund and change operations. The company raised $5.3M in Seed funding and plans to use the proceeds to expand globally and accelerate engineering, product, and sales. Investors in the round include F-Prime Capital, Thayer Ventures, PAR Capital Management and Plug and Play.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2022