Airnguru reports 84% recurring revenue growth for 2024, driven by increasing global adoption of its SaaS solutions, and following a $1m USD funding round last year.
During 2024, the tech provider secured four new long-term airline contracts, grew its workforce by 42%, and expanded its presence to four continents.
Airnguru’s 2025 roadmap includes dynamic pricing technology and further advancements in its AI-driven pricing intelligence and optimisation capabilities.
Santiago, Chile, January 27, 2025 – Airnguru, a leading provider of fare management and price optimisation solutions for airlines, has announced the company is on track to achieve sustainable profitability this year, following an 84% rise in recurring revenue in 2024.
The record growth – which follows a milestone $1 million USD pre-Series A funding round early last year – is driven by increasing global adoption of Airnguru’s best-in-class pricing solutions. Over the past year, the tech provider secured four new long-term contracts with airlines, expanded its workforce by 42%, and extended its footprint to four continents.
To meet the evolving needs of its growing customer base, Airnguru will continue investing in next-generation solutions in 2025, including dynamic pricing technology to seamlessly feed Offer & Order systems while providing backwards compatibility with airlines’ current ecosystems. The roadmap for 2025 also includes enhancing its A/B testing capabilities for adaptive price optimisation, as well as further leveraging Generative AI and Machine Learning to elevate its pricing intelligence and automation solutions.
Javier Jiménez, Chief Operating Officer and co-founder of Airnguru, said: “The past year has been extraordinary for Airnguru. With record-breaking growth in revenue, customer base, and team size, we’re focused on developing and providing innovative tech solutions that add value to our customers from day one.
“Our co-creation strategy has been central to our success, enabling us to align our customers’ real needs with our proven track record for delivering SaaS solutions that integrate seamlessly with their existing workflows.”
Founded in 2015, Airnguru’s 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, SKY Airline, Aeromexico, and Royal Brunei Airlines.
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EDITOR’S NOTES
About Airnguru
Founded by hands-on experts in airline Revenue Management, Data Science, and Big Data, Airnguru is a leading provider of best-in-class airline pricing technologies. Airnguru solutions empower analysts to design, optimize, execute, and automate pricing strategies, enhancing productivity, and boosting airline profits.
Airnguru takes a holistic approach to pricing processes, seamlessly integrating all teams and departments involved in pricing decisions. Through its highly configurable pricing workflow, Airnguru streamlines and automates processes from inception to completion, ensuring a cohesive and efficient pricing strategy. Airnguru’s unique value proposition is sustained by a cloud-native tech stack encompassing Big Data, automation, A/B testing, Machine Learning, optimization, and simulation.
Airnguru is the preferred choice for ten international airlines across four continents that benefit from its innovative technology and superior service, including two of the world’s largest carriers, Qatar Airways and British Airways (IAG). The company’s esteemed customer list also includes Avianca, Copa Airlines, LOT Polish Airlines, Finnair, SKY Airline, Aeromexico, and Royal Brunei Airlines.
Contacts
Roman Townsend, Managing Director, Belvera Partners - rtownsend@belverapartners.com
Balint Brunner, Account Manager, Belvera Partners - bbrunner@belverapartners.com
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