Have you heard of Aircall, the French company specializing in cloud telephony? Having become a unicorn in 2021, it boasts over $100 million in annual recurring revenues and claims to be a centaur. Let's take a closer look at this start-up with an exceptional track record.
Aircall, the cloud telephony specialist
Founded in 2014, the company has built its success on cloud telephony. The principle? No more need for companies to have a telephone terminal, as all calls will be routed through an app that directs them to employees' computers or phones. A solution that puts an end to "archaic solutions", as Aircall's co-founder explains.
The company quickly gained recognition for its innovative and highly effective voice communication solutions . Today, Aircall offers a range of advanced features, such as call recording, queue management, automatic dialing and integration with other essential tools such as CRM (Customer Relationship Management).
Aircall's philosophy is based on the idea that voice communication is at the heart of any successful business relationship.
From unicorn to centaur
Since its inception, Aircall has enjoyed impressive growth in the cloud telephony market. Indeed, the massive adoption of their solution by a wide range of companies, from start-ups to large enterprises, has been one of the main drivers of their growth. Thanks to its flexible, scalable alternative to traditional telephony systems, Aircall has been able to stand out in a competitive market.
In 2021, its latest fund-raising round of $120 million saw its valuation exceed $1 billion, and the company entered the inner circle of unicorns. These results come as no surprise. In 2020, it was already posting 63% growth.
Eight years after its creation, in 2022, it was generating over 30% of its sales in the United States. The company has also unveiled some invaluable figures. Discreet about its results, the Aircall unicorn revealed that it had achieved $132 million in annual recurring revenue (ARR). A result that now enables it to achieve centaur status.
A new chapter in sight
This Franco-American unicorn, which is currently unprofitable, has every intention of becoming so, and quickly! Like most unicorns, the company started out in a phase of hypergrowth and fund-raising, but is now on the road to profitability.
The start-up, whose latest financing round raised $120 million and has a valuation of $1 billion, has expressed its desire to go public in 2024 in the United States.
Aircall: key information
Number of employees to date
Aircall has an international presence, which is why the unicorn employs over 800 people of 40 different nationalities in 8 offices worldwide.
Sales figures
Its sales figures are not public. However, co-founder Jonathan Anguelov claims that it is "in the tens of millions of euros".
Going public
Aircall is not yet listed on the stock exchange, but has indicated its intention to go public in the USA in 2024.
Scalability
Thanks to a robust, scalable infrastructure, the company has been able to respond rapidly to the growing demand for its cloud telephony solutions for businesses. This ability to adapt efficiently to an expanding customer base has enabled the company to consolidate its position in the global market.
Mantra/Citation CEO
"What we enable companies to do is to improve their communication, their interactions, by replacing traditional telephone operators." - Jonathan Anguelov, Aircall co-founder.
