Capital Raising

CLOSED

Yuriqa

Virtual Travel Manager

INDUSTRY

Technology

Company Overview

Transaction Summary
Yuriqa

This offer closed June 2021. If you would like to discuss anything in relation to this company please contact us for further information.

All information on this page was current as at the date of closure.

Company Overview

yuriQa offers both SaaS and Enterprise big data insights solutions for travel agencies.

Travel agencies are struggling to make the right decisions from huge and complex data sets. yuriQa transforms live travel data into immediately actionable data insights which help travel agencies to become more profitable by uncovering hidden savings and revenue opportunities in their travel data.

yuriQa is forecasting to achieve total annual revenues of A$51.8M by FY22 even at market share levels of just 2%. At 5% market share, revenues would exceed $110M. Currently they have an annual revenue run rate of A$330k, growing at an average rate of 12% per month for existing MVP. yuriQa also have a network of 40 customers in 8 countries with a pipeline revenue of A$1.6M.