Monday, August 22, 2011

MileWise launches search engine for frequent flyer

milewise-logo

MileWise new search engine is intended for frequent flyers, which helps you to find flights, you can pay using cash, airline miles or hotel and credit card. Run allows users to track their air miles and rewards program points in one unified interface, and then uses this information to suggest what flights offer the most value.

Unlike other search engines where flights flights can be classified by price, number of connections, or both, "the agony" Hipmunk (a combination of factors), the MileWise also takes in consideration your awards when ranking results.

The flight data comes from Orbitz, Everbread and directly from the airline company at the present time. And MileWise can include data from other inventory provider main voyage "in the future.

When viewing search results, points, miles and cash options displayed using different colors, while the number in a bubble on the left support for ranking flights based on the mile or point-to the dollar.

A similar flight options are collapsed by default, but clicking the link to the right under the search result will expand them. You can also filter the flights payment method, airlines, maps, number of stops and flights.

The service currently supports over 300 awards program. But this is not just dumbly data collection. MileWise tracks your remuneration in order to alert you when they expire, indicates the big deal, you might have missed and keeps you from wonder major airlines fees that sometimes accompany the award. It will also help you earn more prizes by calculating the number of miles, flight will earn, including bonuses from the status and the cab.

Funding and plans for the future

MileWise command includes the co-founder of Vinay Pulim, who previously started Isovia (acquired by Motorola) and Reble. fm (acquired by Playlist.com) and Chris Dickson's first engineering rent for guess. There is also a co-founder of Sanjay Kothari, from the Boston Consulting Group and co-founder Nick Meyer, formerly one of the founders of the Reble. fm. Seye Ojumu is later leases and advises travel veteran Frederic Deschamps of Northwest Airlines.

Run is $ 1.5 million in venture capital from Atlas ventures, founder collective, General catalyst, high line venture partners and iNovia capital, as well as investment from Angel Babak Nivi Tirtsa refuses, David Cohen, Jeff judge, Mitch Kapor, David Kidder, Josh Kushner, Alex Lloyd, Tom McInerney, Yakov Pechenik, Keith Rabois, naval Ravikant, David Tisch and CAL Vepuri. He plans to raise another round in 7-8 months.

MileWise has several potential revenue models under consideration, with a model of commissions considered in the near future. Later, it will take smart recommendations based on user behavior, as suggested by the user to sign up for a credit card for a particular flight to get points, must be reserved. Further down the line, the company may be able to turn their data into information for partners. However, the founders are careful to state that user privacy protection in all cases, and the data will be anonymous. MileWise also offers additional services, but nothing has been decided yet.


MileWise helps users find the most attractive and profitable ways to cash in on Meridian miles and, eventually, other types of reward programs.

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