Deal Detail
About Jayride
Jayride is an ASX-listed global airport transfers marketplace (ASX: JAY) connecting travellers with transport providers across 100+ countries. The company has built the world's largest search, compare and book platform for airport transfers, with a B2B2C distribution model that partners with airlines, OTAs and corporate travel managers.
Since its 2018 ASX IPO, Jayride has processed over 4 million passenger journeys, achieving positive unit economics across its core markets. The 2024 SaaS pivot brings recurring revenue through white-label integration with travel commerce partners including major carriers in Australasia, Europe and Southeast Asia.
The current raise accelerates the B2B SaaS rollout, funds expansion into 3 new carrier partnerships, and extends runway to EBITDA breakeven, targeted at Q4 2026.
Market Opportunity
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Revenue Summary (FY25)
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Investor Updates
Strong quarter — B2B ARR grew 28% to $1.4M. Signed letter of intent with a major European LCC (disclosed to investors). Cash runway extended to 18 months post this raise.
We are pleased to confirm the Vestinit raise has reached 70% ($2.8M). Remaining capacity: $1.2M. Deal expected to close by end of July 2026. Early participants receive first right of participation in next tranche.