FlyAkeed

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.

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

51–100 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

Product category

Online Travel Agency

NAICS

Travel Agencies (561510)

akta.pro industry

PRIMARYBPAMAIAB

Air Travel Booking Platforms (Flights)

Business & Public Services/Web, Mobile & Digital Platforms/Travel, Mobility & Booking Platforms

Keywords

• Online travel agency
• Corporate travel management
• Flight booking platform
• Travel expense software
• Hospitality tech

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core 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

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature4 records

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad 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

• Xx.com/FlyAkeed
• Facebookfacebook.com/flyakeed
• Instagraminstagram.com/FlyAkeed

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds4 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FlyAkeed