FlightCaster2009

							FlightCaster predicts flight delays 6 hours before airline alerts
“Frequent fliers can know to rebook flights earlier”

“FlightCaster seeks to give passengers a leg up.”

Business Travel is miserable and unpredictable
• 25% of flights delayed • 75% of major delays posted less than 30 min. before departure

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Private and Confidential Copyright 2009 FlightCaster

FlightCaster fixes the #1 frustration: unpredictability
• Patent-pending algorithms • Aircraft tracking

• FAA Monitoring
• Weather

• Network congestion

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Private and Confidential Copyright 2009 FlightCaster

FlightCaster Prediction

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Private and Confidential Copyright 2009 FlightCaster

FlightCaster Prediction

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Private and Confidential Copyright 2009 FlightCaster

Licensing and mobile solutions
Our Solutions
Mobile Apps

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Partner Solutions
Pay/Query API

Consumer Applications

Mobile Bookings
Back-up Booking Re-Booking

Data Licenses

Travel Management Companies

Private and Confidential Copyright 2009 FlightCaster

Air travel markets present a huge opportunity
U.S. Market Size • $1.3b on real-time travel management • $3.4b on booking commissions • International scope is 4x U.S. domestic
Source: U.S. Census, Air Transport Association, U.S. Congress Joint Economic Committee
Private and Confidential Copyright 2009 FlightCaster

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Our Competitive Barriers
•Machine learning

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•The ONLY database of captured real-time data •Trade secrets and patent-pending

Private and Confidential Copyright 2009 FlightCaster

FlightCaster Progress
•$1.3mm raised from Sherpalo Ventures and Tandem Entrepreneurs •Beta-testing API with partners •10x improvement on airline alerts

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Private and Confidential Copyright 2009 FlightCaster

The Team
Jason Freedman
CEO

•Marketing, fund-raising •Y-Combinator ‘09 •Domain expertise

Evan Konwiser
Travel Geek

•Ex-Bain, Kayak.com
•Machine Learning •Ex-Google, Thoughtworks
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Private and Confidential Copyright 2009 FlightCaster

Math Genius

Brad Cross

How You Can Get Involved
Invest
• Future rounds and strategic investments

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API

• Licensing data

Mobile

• Custom mobile apps
Private and Confidential Copyright 2009 FlightCaster

promos@flightcaster.com
for a free download

bizdev@flightcaster.com
to schedule a meeting
Jason Freedman | Evan Konwiser | founders@flightcaster.com | www.flightcaster.com

Appendix

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4 hours before departure, FlightCaster reports 10x as many delays as airlines
100% 90% 80% 70% 60% 50% 40% 30%

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Percentage of major delays reported

FlightCaster - Future

FlightCaster - Today
Airlines

20%
10% 0% 4 3.5 3 2.5 2 1.5 1 0.5 0

Hours before scheduled departure

Source: FlightCaster analysis and airline data from FlightStats

FlightCaster and airlines are both ~80% accurate when delays posted
Percentage of reported delays that proved true
100% 90% FlightCaster - Future

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80%
70% 60% 50% 40% 30% 20% 10% 0% 4 3.5 3 2.5 2 1.5 1 0.5 0

FlightCaster
Airlines

Hours before scheduled departure
Source: FlightCaster analysis and airline data from FlightStats

Technical Architecture

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