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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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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