The Venture Codex Logo

The Venture Codex

Volantio

84 Peachtree St NW Ste 600, Atlanta, Georgia, 30303, United States

Overview

Volantio develops GreenLeaf, a machine-learning platform that optimizes revenue and capacity for fixed-capacity industries, with a strong focus on airlines. The platform shifts demand from nearly sold-out flights to those with more space to increase revenue, lift asset utilization, and improve customer and staff experience. Volantio says its software is automated, mobile-based, and targets post-booking re-accommodation to increase yield and reduce operational costs. The company has more than tripled its customers in the last two years and recently expanded into the live events market via a partnership with Disney Theatrical Group. Volantio plans to use new capital to scale its global team and accelerate product development. The company serves major airlines and entertainment brands globally and maintains a distributed team across the US, the Netherlands, Australia, India, and the Philippines. Volantio is a global leader in post-booking revenue and capacity optimization software for airlines, headquartered in Atlanta. Its flagship web-based platform, Yana, leverages machine learning to drive higher unit revenues and improve capacity utilization after customers have booked flights. Yana proactively identifies flexible passengers on high-demand flights, makes offers (upgrades, travel vouchers, frequent flier points) to move them to lower-demand flights, notifies passengers via mobile days in advance, and automatically rebooks accepted moves. The company says this improves overall customer experience, gives last-minute travelers access to otherwise full flights, and helps airlines maximize network capacity and unit revenue. Volantio has launched both revenue and operations versions of Yana with Qantas, Iberia, Volaris, and Alaska Airlines and reports additional carriers in the pipeline. CEO Azim Barodawala and company statements emphasize the platform’s operational benefits in irregular operations and disruptions.

Total raised
$9M
Funding rounds
2
Latest round
Series A
Latest activity
Oct 2022

Industries

  • Software
  • Travel
Visit website

Recent funding

  1. Series A

    Oct 2022

    $6M

  2. Equity

    Feb 2018

    $3M

Team