Event: 2019 Phocuswright Europe
Category: Startup Company
HQ: Hannover, Germany
Principal(s): Markus Stumpe, Co-Founder & CEO; Titus Keuler, Co-Founder & CTO
Funding: We've raised €600K to date, and are currently raising our seed round.
Product Description: Cruisewatch is a digital cruise advisor delivering data-driven personalization and unmatched price prediction. We are leveling the playing field between cruise lines and consumers by providing market transparency and clear, AI-powered predictions on when to book which cruise for the best value. We are dedicated to providing state-of-the-art solutions to ensure that our customers find the right cruise at the right time so that they can save up to 70% off the initial price.
Business Model: We sell leads, just started to sell cruises and earn a turnover-based commission.
Competitors: Cruise lines, cruise communities, and OTAs don't deliver custom cruise advice, price predictions, or the industry's highest saving potential.
Competitive Edge: Fusing high-tech innovation with a passion for cruises since 2016, Cruisewatch is a digital cruise advisor delivering data-driven, customer-centric advice and unmatched price prediction. We use our >100M stored data points to offer market transparency and recommend when to book for the best price.
Market Opportunity: The dynamic cruise market is worth >$65B and is growing more profitable worldwide. Despite turning to online sources for insights on cruises and cruise price tracking, the majority of cruise bookings still occur offline. Our database of >100M data points allows us to build a fully automated and self-learning cruise advisor offering 360-degree digital advice so customers can not only find their perfect cruise, they can also feel secure and empowered to book online.
Early Customers: Cruise nerds and experienced cruisers looking for an analytical approach and advanced services like predictions or price drop alerts.