Wenrix
Wenrix is an AI-powered travel technology company that provides airfare optimization solutions for OTAs and TMCs, helping travel agencies maximize margins through predictive pricing and automated servicing.
Company facts
- Founded
- 2017
- Headquarters
- Israel
- CEO
- Amir Balaish
About
Wenrix is revolutionizing the way travel agencies approach airfare optimization through advanced AI technology. As the next generation of price intelligence for the travel industry, Wenrix has developed a comprehensive platform that helps Online Travel Agencies (OTAs) and Travel Management Companies (TMCs) maximize revenue and minimize costs across every stage of the booking lifecycle. Founded in 2017 by former IDF Unit 8200 members Amir Balaish, Tor Leelo, and Armon Avrahamy, Wenrix combines deep expertise in big data analytics and machine learning with intimate knowledge of airline pricing complexities. The company's AI-powered solutions process over $12 billion in annual air volume, analyzing 912.5 billion data points to predict optimal pricing moments and automate complex servicing scenarios. Wenrix's product suite includes FareSight for predictive price assurance, FlexEngine for affordable flight flexibility options, and DeepFlow for automating post-booking servicing including cancellations, exchanges, and refunds with 93%+ automation rates. Trusted by over 60 of the world's largest OTAs and TMCs, Wenrix operates globally from its Tel Aviv headquarters and was acquired by Stockholm-based Etraveli Group in a deal valued at $200-$300 million, further strengthening its position as the leading AI infrastructure for profitable growth in air travel.