Fineway is a Munich-based startup offering an AI-based conversational service that generates hyper-personalised travel plans within minutes. The platform aggregates over 250 data points, including hard facts, deliberate and unconscious personal preferences, dislikes, room styles and travel intents, to deliver tailored travel experiences to users' inboxes instantly and at no cost. Using machine learning, the service continuously evolves and improves the options it offers. Founded in 2015, Fineway employs 65 people and is already generating seven-digits in revenue every month. The company says the additional funds will be used to further extend its technological edge and develop its data science platform. Fineway has also strengthened its leadership team with hires for COO and VP of Growth & Marketing. Fineway provides an artificial intelligence-driven travel planning and booking platform that leverages statistics and deep learning methods to create conversational experiences and deliver trips matching a user’s unique style and intents. The company is led by Markus Bohl (CEO) and Markus Feigelbinder (COO). Fineway closed a €7m funding round to support its growth. The capital will be used to hire additional experts to further develop the software. The product emphasis is on combining statistical models and deep learning to personalize travel planning and bookings. No operating metrics were provided in the article.

Total raised

$15M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2018