Israeli startup Fetcherr, known for its generative AI pricing, inventory, and publishing engine, recently closed its Series B round with a total of $90 million, with $65 million coming from secondary investments. Battery Ventures led the round, with all existing investors participating. Founded in 2019 by Roy Cohen, Dr. Uri Yerushalmi, Robby Nissan, and Shimi Avizmil, Fetcherr aims to revolutionize traditional revenue systems through deep learning methodologies, starting with the airline industry. Their technology allows for granular high-frequency pricing, inventory management, and direct publishing through their Large Market Model (LMM) and generative products like the Generative Pricing Engine (GPE) and Generative Inventory Engine (GIE). Fetcherr has already partnered with airlines like Viva Aerobus and WestJet, in addition to existing partners like Virgin Atlantic and Royal Air Maroc. The company plans to expand its capabilities into other legacy markets by 2025. Ziv Gafni, President and General Manager of New Markets at Fetcherr, expressed excitement about the company’s innovation and growth, highlighting their AI-driven market engine’s ability to address longstanding challenges in the airline industry and optimize revenue generation for partners through real-time, data-driven decision-making.
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Fetcherr secures $90 million funding for GenAI pricing engine #techstartup
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