Airnguru, a Santiago, Chile-based pricing intelligence and solutions software company, has raised $1 million in a pre-Series A funding round.
Investors
The funding round was supported by a group of angel investors, including senior executives, board members, family offices, and entrepreneurs.
Airnguru Use of Funds
The company plans to utilize the funding to enhance its pricing solutions within the aviation industry. This includes the development of its ABM Simulator for strategy optimization and a new suite for ancillary price optimization and management.
About Airnguru
Founded in 2015, Airnguru specializes in pricing intelligence, fare management, and price automation for airlines. The company offers solutions that enable airlines to design, orchestrate, and optimize their pricing strategies. Its SaaS solutions substantially reduce time-to-market via price automation, preventing price distribution errors and streamlining the pricing processes from inception to completion. Airnguru's clients include leading international airlines such as Qatar Airways and British Airways (IAG), as well as pioneering carriers like Avianca, Copa Airlines, LOT Polish Airlines, Finnair, and SKY Airline.
Funding Details
Company: Airnguru S.A.
Raised: $1.0M
Round: Pre-Series A
Funding Month: March 2024
Investors: Undisclosed
Company Website: https://www.airnguru.com/
Software Category: Airlines Pricing Solutions
Source: https://startupsmagazine.co.uk/index.php/article-airnguru-secures-1-million-investment-help-airlines-boost-profits