Airnguru, a leading provider of fare management and price optimization solutions for airlines, has reported an impressive 84% growth in recurring revenue for 2024, driven by the growing global demand for its SaaS offerings. The company, which successfully completed a $1 million USD pre-Series A funding round last year, has expanded its presence across four continents and secured several significant long-term airline contracts.
The remarkable growth in 2024 reflects the increasing adoption of Airnguru’s industry-leading pricing technology, which helps airlines optimize their fares and improve profitability. The company also increased its workforce by 42%, supporting its global expansion and ability to meet the rising demand for its services.
Looking ahead to 2025, Airnguru is focused on further enhancing its AI-driven pricing intelligence and optimization capabilities, with plans to introduce dynamic pricing technology. These advancements are expected to position the company for continued success and sustainable profitability in the years to come.
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.