The Venture Codex Logo

The Venture Codex

FinalPrice

Los Angeles CA 90001, Los Angeles, CA, 90001, US

Overview

Finalprice is a subscription service offering access to travel-related services, led by founder Petr Kutis. The service operates on a subscription model for travelers, positioning itself as an alternative distribution channel for travel products. The company disclosed a $1 million fundraising from OKS Group and other unnamed investors. Management stated they abandoned entry into the U.S. market, saying competing there via expensive advertising and heavy customer-acquisition spending was not their approach. Public commentary on the article noted skepticism about the idea’s defensibility and suggested large platforms could replicate it; some readers also compared prices on bank-affiliated travel services. The articles do not provide operating metrics, valuation, or detailed financials. FinalPrice is a subscription-based travel app that launched out of Los Angeles and offers curated hotel, flight and rental-car deals for an annual $99 charge. The company says it applies AI to personalize offers based on each user’s preferences and travel history and allows users to send previous itineraries so the system can learn instantly. By charging a subscription rather than relying on per-sale commissions, FinalPrice says it returns supplier commissions to customers as discounts or cashback, enabling lower prices for higher-quality options. Founder Peter Kutis positions the product as the "Amazon Prime of travel," arguing subscription economics drive better prices and loyalty. The startup claims that a user who spends $10,000 traveling with FinalPrice would save around $2,500 compared with the best available public prices. Financially, FinalPrice has launched publicly and announced a $4 million fundraise from outside investors.

Total raised
$5M
Funding rounds
2
Latest round
Equity
Latest activity
Jul 2021

Industries

  • Tourism
  • Travel
  • Travel Accommodations
Visit website

Recent funding

  1. Equity

    Jul 2021

    $1M

  2. Equity

    Jun 2017

    $4M

Team