Resale-as-a-service platform Fairlyne raised USD 3 million in a seed funding round led by Speedinvest, with participation from Evolem, Kima Ventures, FJ Lab, and several angel investors.

The funds will be used to further develop the platform, expedite the deployment of Fairlyne with clients across the travel industry, and expand to new markets, including the US.

Fairlyne offers technology that allows travel companies to add resales to their distribution, providing customers more flexibility and generating additional profits for companies by giving them a second opportunity to sell tickets. In 2022, the company partnered with French low-cost train operator Ouigo to provide a service in which passengers could resell their non-flexible bookings through the rail company’s website and app. 

Analyst QuickTake: Fairlyne recently appointed Yann Cohen-Addad as its chief commercial officer, bringing his expertise in go-to-market strategies, integration processes, and structuring and developing sales teams for B2B technology. Additionally, Fairlyne's growth potential and differentiation from competitors were recognized when it was included in PhocusWire’s Hot 25 Travel Startups for 2023 .