Yapta Raises $4.2M in Series D Funding
Summary
Yapta, a Seattle, WA-based developer of an airfare price tracking solution for the corporate travel industry, raised $4.2m in Series D funding.The company intends to use the funds to expand its sales and marketing efforts and pursue other opportunities in corporate price tracking.Led by James Filsinger, CEO, Yapta provides FareIQ, a patent-pending Intelligent Price TrackingTM technology that provides in-depth, 24×7 analysis and insights into corporate airfares, spotlighting opportunities to re-book tickets at lower prices, allowing corporations to save on a daily basis.The solution integrates with agents’ workflow by dynamically monitoring pricing on individual passenger name records (PNRs) that are placed on a queue by the corporation or its travel management company.Upon recognizing a savings opportunity, FareIQ immediately issues a series of messages, including email alerts, a FareIQ web portal notification, and remarks posted directly in the PNR.