FlyAkeed
FlyAkeed is a Riyadh-based online travel agency serving GCC consumers and corporate clients with a flight, hotel, and ancillary-services booking platform featuring proprietary continuous-monitoring waitlist technology and a corporate travel management SaaS suite.
- Company typePrivate
- Founded2015
- HeadquartersRiyadh, Saudi Arabia
- Headcount101–250
- GTM typeB2B and B2C
- OfferingSoftware
What FlyAkeed does
FlyAkeed is a Saudi Arabia–headquartered online travel agency (OTA) operating a B2B2C platform that serves both individual consumers and corporate clients across the GCC. The company's core product is a web and mobile booking platform (flyakeed.com) that aggregates flight and hotel inventory with a distinctive continuous-monitoring waitlist system — it polls airline inventory on fully booked routes and queues passengers until a seat opens. Ancillary services layered on the same platform include car rental, chauffeur, visa processing, meet & assist, and travel insurance. A separate FlyAkeed Business platform at corporate.flyakeed.com targets enterprise clients with corporate digital wallets, real-time spend dashboards, approval workflows, and integration with American Express Corporate Travel Accounts.
The company monetizes through a hybrid model: transaction fees on flight and hotel bookings, a Hawks premium membership priced at 990 SAR that grants priority on waitlists, purchasable points bundles for reservations, and recurring corporate subscriptions. Distribution is primarily digital — self-serve website, iOS/Android apps, and a dedicated corporate platform — supplemented by customer testimonials, social media presence, and an Akeed Community loyalty program. Payment integrations include Apple Pay, Visa, Mastercard, and Saudi-specific rails (MADA, SADAD), reflecting strong regional localization. FlyAkeed's headquarters and operations are in Riyadh, with R&D based in the Philippines.
The company is privately held and closed a $15.2 million Series A in August 2023 led by Sanabil Investments (the investment arm of Saudi Arabia's Public Investment Fund) and Elm Company, with additional participation from AlRajhi Partners and Artal Capital. Management commentary positions the funding as supporting digital expansion and fintech integration, though specific revenue figures are not disclosed. Founded in 2015, FlyAkeed employs 101–250 people and has built a registered brand identity in Saudi Arabia covering both its consumer and corporate offerings.
FlyAkeed firmographics
Firmographics- Name
- FlyAkeed
- Legal name
- Akeed Company for Travel and Tourism
- Website
- https://flyakeed.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- FlyAkeed is a Riyadh-based online travel agency serving GCC consumers and corporate clients with a flight, hotel, and ancillary-services booking platform featuring proprietary continuous-monitoring waitlist technology and a corporate travel management SaaS suite.
- Ownership category
- akta.pro rank
FlyAkeed industry classification
Industry- Product category
- Online Travel Agency
- NAICS
- Travel Agencies (561510)
- akta.pro primary industry
- Air Travel Booking Platforms (Flights) (BPAMAIAB)
Keywords
Where FlyAkeed is headquartered
LocationHeadquarters
- HQ city
- Riyadh
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices2 records
Markets served
FlyAkeed business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Flight and Hotel Bookings: Transaction fees from booking flights and hotels. FlyAkeed operates as a full travel agent selling tickets, processing changes and cancellations with booking fees embedded in transaction pricing.
- Hawks Membership: Premium subscription membership offering priority booking on waiting lists, fast-track service, and front-of-line positioning. Priced at 990 SAR for membership.
- Subscription Bundles (Points): Users purchase points bundles valid for one year to use for reservations. Points can be applied toward future bookings but are non-refundable in cash.
- Corporate Travel Management: B2B platform offering corporate digital wallets, centralized travel expense management, and employee travel solutions with real-time visibility and control.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Hawks Premium Membership |
| Unit Pricing | Pay-as-you-go | Subscription Bundles |
| Subscription | Monthly | Corporate Travel |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
FlyAkeed product offering
Product offeringCore offering
FlyAkeed operates an online travel agency platform that lets consumers and businesses search, book, and manage flights and hotels, supported by a 24/7 automated waiting-list system that continuously monitors seat availability on fully booked routes and prioritizes Hawks premium members. The FlyAkeed Business platform adds corporate travel management with real-time dashboards, corporate and employee digital wallets, and approval workflows, while ancillary services (car rental, chauffeur, visa, travel insurance, meet & assist) round out the booking experience.
Product overview
FlyAkeed operates as an Online Travel Agency platform with a unified core product (flyakeed.com) that aggregates flight, hotel, and ancillary travel services. The platform is complemented by the AkeedMiles loyalty program for point-based rewards and the FlyAkeed Business corporate platform for enterprise travel management. Additional services including car rentals, chauffeur, meet & assist, visa services, and travel insurance are offered as add-on modules within the same ecosystem. The platform differentiates through its 24/7 automated seat monitoring system for sold-out flights, supported by a Hawks premium membership tier that provides priority queue access.
Differentiator
Problem solved
Functional benefit
Brands
- AkeedMiles: Loyalty points program allowing users to earn miles for purchasing tickets, confirming bookings, and redeeming for future promotions. Originally called AkeedMiles, now rebranded.
- Hawks
Products and services
- FlyAkeed Main Platform Online Travel Agency platform enabling consumers to search, book, and manage flights, hotels, and ancillary travel services, featuring 24/7 automated seat monitoring for sold-out flights and real-time price and availability tracking across airlines.
- AkeedMiles Loyalty Program
Quantifiable outcome
- Booking confirmations received in under 24 hours during peak periods
- +1 more outcomes
Companies that use FlyAkeed
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
FlyAkeed technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability2 records
Feature4 records
FlyAkeed partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights6 records
FlyAkeed competitors and assessment
Company assessmentBroad incumbents
- Skyscanner: Global flight metasearch and OTA platform with significant GCC traveler traffic. Comparable as a flight-discovery and booking layer competing for the same Saudi consumer intent.
- Booking.com: Global OTA with dominant hotel and growing flight inventory in the GCC. Comparable as the incumbent platform competing for both consumer and corporate travel wallet share across Saudi Arabia.
- Expedia Group: Global OTA conglomerate with B2C (Expedia) and B2B (Expedia Partner Solutions, Egencia) offerings. Comparable in both consumer booking and corporate travel management use cases.
- Trip.com Group: Global online travel company operating Trip.com, Ctrip, and Skyscanner. Comparable as a major OTA with growing GCC ambitions competing for cross-border Saudi outbound travelers.
Direct peers
- Almosafer: Saudi Arabia's leading homegrown online travel agency offering flights, hotels, and packages. Most direct regional competitor to FlyAkeed in the Saudi B2C and corporate travel market, with deeper capitalization from Seera Group.
- Wego: Middle East-headquartered travel metasearch and OTA platform with strong Saudi/GCC user base. Directly comparable as a regional flight and hotel booking platform competing for the same traveler pool.
- tajawal: UAE-based online travel agency serving GCC and Middle East travelers with flight, hotel, and holiday packages. Comparable as a regional Arabic-language OTA competing on similar routes and corporate accounts.
- Rehlat: Kuwait-founded online travel agency operating across the Middle East with flight and hotel booking. Comparable regional OTA targeting GCC travelers with Arabic UX and similar inventory suppliers.
Emerging players
- Cleartrip: OTA with Middle East operations acquired by Flipkart/Hospitality. Comparable as a regional flight booking platform targeting similar GCC traveler segments with localized offerings.
- TravelPerk: Corporate travel management platform expanding into the Middle East. Comparable as a B2B T&E SaaS competitor to FlyAkeed for Business in the corporate booking and expense management category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
FlyAkeed social profiles
Digital presenceFlyAkeed financial estimates
Financial estimateRevenue estimate
Valuation estimate
FlyAkeed leadership team
Management profileNumber of profiles
FlyAkeed funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FlyAkeed M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FlyAkeed
What does FlyAkeed do?
FlyAkeed operates an online travel agency platform that lets consumers and businesses search, book, and manage flights and hotels, supported by a 24/7 automated waiting-list system that continuously monitors seat availability on fully booked routes and prioritizes Hawks premium members. The FlyAkeed Business platform adds corporate travel management with real-time dashboards, corporate and employee digital wallets, and approval workflows, while ancillary services (car rental, chauffeur, visa, travel insurance, meet & assist) round out the booking experience.
Is FlyAkeed a public or private company?
FlyAkeed is a private company. It is classified as venture growth investor backed and is currently operating.
When was FlyAkeed founded?
FlyAkeed was founded in 2015. It employs 101 to 250 people.
Where is FlyAkeed based?
FlyAkeed is headquartered in Riyadh, Saudi Arabia, in the Middle East region.
How does FlyAkeed make money?
Four revenue lines are on record. Flight and Hotel Bookings are the primary driver. The others are hawks Membership, subscription Bundles (Points) and corporate Travel Management.
Who are FlyAkeed's main competitors?
Broad incumbents on record are Skyscanner, Booking.com, Expedia Group and Trip.com Group. Direct peers are Almosafer, Wego, tajawal and Rehlat. Emerging players are Cleartrip and TravelPerk.
Does FlyAkeed have an API?
No public API is recorded for FlyAkeed.
What industry is FlyAkeed in?
FlyAkeed's product category is Online Travel Agency. Its primary akta.pro industry code is BPAMAIAB, Air Travel Booking Platforms (Flights). Its NAICS code is 561510.