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In a post this week on the startup ecosystem in Hungary, we said that we ask the people at Barcamp Budapest to tell us the winner of the competition at their recent event. Having been informed that Drungli was named as the winning entrant, we decided to contact them and I managed to get a hold of their CEO to find out more about this flight-search company and what they’ve been up to recently.
Drungli is a service which is designed for people who have a bit of an adventurous side and love some spontaneity in life. Their service is a travel agency which allows users to enter a city of departure on a given day and have a low-cost flight chosen at random for them. The algorithm tries to find suitable matches based on 6 categories: “City & Culture”, “Heart Trippin’”, “let’s go to the beach!”, “nature wonders”, “searching for the sun”, and “We like cool weather.” Users can also sign up to be alerted by email if the price for their given option ends up dropping. When I searched for flights this week from Chicago, I was randomly offered flights on “Air Berlin” to, not surprisingly, Berlin.
The most striking aspect of Drungli is that I’m told that they’ve managed to attract more than 1 million users and have had 4.3 million search queries performed through their site in the year that they’ve been in existence. Partly to blame for this success is a lack of direct competitors. I’m told that, while Skyscanner has their “Everywhere” option and Kayak has “Explore”, they rely on data from other companies. In contrast, Drungli maintains their own algorithm (a new version will launch next month, I’m told) and claims to have an edge in being able to offer data directly from the source and a cleaner, faster search tool. Having decided to go through with the random adventure, the user is then directed straight to the website of the airline to book it. I’m told that the goal by the end of this year is to have complete global coverage low-cost airlines and then to move on to the more traditional services. The company says that this new algorithm will help them to offer customers more flexibility with regards to airlines and schedules.
Finally, in terms of investment, I’m told that they bootstrap by using their own savings and have bank loans.
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vita at goaleurope dot com