# GoQuo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/goquo

- Industry: Software
- Headquarters: Kuala Lumpur, Malaysia
- Website: www.goquo.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Sep 9, 2016)
- Investors on record: 2

## About

GoQuo is a technology solutions provider specializing in airline retailing and distribution, offering innovative products that enhance the travel booking experience and streamline operations for airlines.Founded in 2002 in Kuala Lumpur, Malaysia, GoQuo focuses on optimizing airline retailing and distribution. The company has engaged in five deals, the most recent being a Series B round on January 21, 2019, securing USD 6.20 mn in funding from TH Capital. The company is led by CEOs Ron Ramanan and Trideep Aggarwal.GoQuo offers a diverse suite of technology solutions designed to optimize airline retailing and distribution. Their core product lineup includes the G Q Retail, G Q B2B, G Q API, G Q Pay, and G Q Dynamic, each aimed at enhancing the travel booking experience and streamlining operations for airlines. The G Q Retail engine provides a fully customizable booking platform that integrates various ancillary products, payment options, and fare families, helping airlines convert visitors into customers effectively. The G Q B2B solution facilitates the management of B2B distribution, allowing airlines to circumvent traditional GDS fees and intermediary costs. With a focus on scalability, these products cater to airlines globally, including markets in North America, Europe, and Asia, enabling them to engage with millions of users efficiently. The end users of these services are primarily airlines and travel agencies seeking to enhance their retail capabilities and customer engagement.GoQuo generated revenue of USD 1,141,785.60 in 2021, with an EBITDA of USD -283,172.20. The company’s revenue model includes subscription-based services, partnerships, and direct distribution arrangements, allowing airlines and travel agencies to access their software solutions and APIs. Clients benefit from a transparent pricing structure that eliminates hidden fees and provides clear service costs.GoQuo plans to utilize the funding raised in January 2019 to enhance customer experiences by creating a more comfortable and convenient travel environment. The company is focused on expanding its product offerings and improving existing solutions. Additionally, GoQuo is looking to enter new markets in Europe and North America, aiming for expansion by the end of 2023.

## Funding rounds

- Series A, Sep 9, 2016, $4M — Gobi Partners
- Seed, Nov 2, 2014, $0.5M — Cento Ventures

## Investors

- Cento Ventures (https://capitalatlas.ai/funds/cento-ventures) — Seed
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A