{"id":10140,"date":"2024-03-12T11:11:48","date_gmt":"2024-03-12T11:11:48","guid":{"rendered":"https:\/\/startupvalley.news\/uk\/?p=10140"},"modified":"2024-05-08T07:15:20","modified_gmt":"2024-05-08T06:15:20","slug":"airnguru","status":"publish","type":"post","link":"https:\/\/startupvalley.news\/uk\/airnguru\/","title":{"rendered":"Airnguru secures $1 million investment to help airlines boost profits"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Airnguru raises $1 million USD in pre-Series A <a href=\"https:\/\/startupvalley.news\/uk\/?s=funding\" target=\"_blank\" rel=\"noreferrer noopener\">funding<\/a> to deliver best-in-class pricing solutions for airlines, helping them increase revenue and profits.<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Airnguru\u00a0\u2013 a leading provider of pricing intelligence and execution, fare management, and price automation solutions for airlines \u2013 today announced it has raised $1 million USD in pre-Series A funding to deliver best-in-class pricing solutions for airlines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Chilean-based technology provider \u2013 which has more than doubled its annualized recurrent revenue in the last 12 months \u2013 aims to build a robust, global customer base for its core pricing solutions, as well as achieve operational break-even by the last quarter of 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Founded in 2015, Airnguru\u2019s innovative solutions are trusted by leading global carriers Qatar Airways and British Airways (IAG), along with a growing roster of forward-thinking airlines including Avianca, Copa Airlines, LOT Polish Airlines, Finnair, and SKY Airline.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/www.linkedin.com\/in\/smendoza\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sergio Mendoza<\/a>, CEO and Co-Founder of Airnguru, said:<\/strong>\u00a0<em>\u201cWe\u2019re delighted to have successfully completed a $1 million USD funding round, a testament to Airnguru\u2019s commitment to helping airlines unleash their full potential to maximize profits, productivity, and innovation.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cThis capital injection will further empower us to expand our client base and solidify our position as a one-stop-shop provider of pricing intelligence and execution, fare management, and price automation solutions to some of the world\u2019s largest carriers.\u201d<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Airnguru\u2019s best-in-class, cloud-native pricing solutions help airlines increase profits by optimizing their pricing strategies, thus boosting their productivity with high-frequency, 100% market coverage and enhanced insights. The company\u2019s SaaS (software-as-a-service) solutions substantially reduce time-to-market via price automation, preventing price distribution errors and streamlining the pricing processes from inception to completion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The new investment will not only fortify Airnguru\u2019s existing offerings but also expedite the development of new transformative solutions, including its ABM Simulator for strategy optimization and a new suite for ancillary price optimization and management.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The successful funding round saw the participation of a group of angel investors formed by senior executives, board members, family offices, and entrepreneurs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Picture Airnguru<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source Belvera Partners<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airnguru raises $1 million USD in pre-Series A funding to deliver best-in-class pricing solutions for airlines, helping them increase revenue and profits.<\/p>\n","protected":false},"author":4,"featured_media":10141,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1602],"tags":[],"class_list":["post-10140","post","type-post","status-publish","format-standard","has-post-thumbnail","category-funding"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Airnguru raises $1 million USD in pre-Series A funding<\/title>\n<meta name=\"description\" content=\"Airnguru raises $1 million USD in pre-Series A funding to deliver best-in-class pricing solutions for airlines, helping them increase revenue\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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