Jurny is raising funds at a pre-money valuation of approximately $23.98 million. With an annual revenue of $1.38 million, Jurny's revenue multiple stands at 17.33x. This multiple is average for the Real Estate & Construction industry. However, Jurny's impressive growth, with a fivefold increase in customer base over the last nine months and an annual revenue growth rate of 37.6%, suggests that the company is scaling rapidly and that this valuation may be justified. 

Considering the company's high growth trajectory and its secured over $15.5 million in previous funding rounds, the valuation appears justified by the potential for future expansion within the US Property Management Software market. Jurny's partnerships and venture capital backing from firms like Mucker Capital, Okapi VC, Vitalize VC, Singularity Capital, and SaaS VC further substantiate the company's market credibility and potential for continued growth.

Investors should note that while Jurny's current valuation may seem steep relative to its revenues, the company's strong growth metrics and the scalable nature of its AI-driven platform could support a higher valuation in the future. The price per share of $1.61 offers an entry point into a high-growth company within a lucrative market. However, investors must weigh the potential for future profitability against the current absence of profits and the medium margin level.

For a 10X return to be feasible, Jurny would need to continue its rapid expansion, significantly increase its revenue, and potentially pursue a successful exit strategy such as an acquisition or public offering. The company's ability to maintain its growth rate and expand its market share will be critical factors in achieving such a return for investors.

The US property management software market, within which Jurny operates, has become increasingly valuable, estimated at $2.21 billion. This industry is experiencing a growth rate of 5.1%, driven by the rapid adoption of technology in property management operations. Jurny's AI-powered solution positions the company to capitalize on this growth by automating various aspects of short-term rental management, a niche yet significant segment of the broader market.

Jurny's platform, which facilitates automated cleanings, bookings, customer service, dynamic pricing, and review management, indicates the industry's shift towards digital and autonomous systems that enhance efficiency and user experiences. The high market acceptance of such technologies, evidenced by Jurny’s expansion to over 3,000 live units on its platform and a fivefold increase in its customer base, demonstrates a strong fit for the company's offerings in the current ecosystem.

Despite established competitors in the real estate and construction industry, Jurny's distinctive AI-driven approach to property management allows the company to stand out. The competitive landscape is only slightly competitive for Jurny, suggesting room for growth and the possibility to capture significant market share with its specialized services.

Jurny is spearheaded by its CEO, Luca Zambello, who brings over a decade of relevant industry experience to the company. Zambello's expertise in the real estate and construction sector, particularly in property management, has been instrumental in developing Jurny's AI-powered property management system. As a seasoned entrepreneur, Zambello is not a first-time founder, which suggests he brings a wealth of experience and knowledge. 

The Jurny team consists of 43 members who have collectively contributed to the company's success. While there has been no growth in team size since the last funding round, the existing team has demonstrated the ability to scale the business effectively. Jurny's commitment to innovation in property management is further supported by venture capital firms such as Mucker Capital, Okapi VC, Vitalize VC, Singularity Capital, and SaaS VC.

Jurny is positioning itself as a leader in the property management software industry by offering an AI-powered Property Management System (PMS) that automates various aspects of short-term rental operations. With an emphasis on automation, Jurny's solution allows property managers and hosts to manage bookings, customer service, dynamic pricing, and reviews from one centralized dashboard. This level of integration and automation is designed to streamline the operational complexities associated with short-term rentals.

While the property management software market is competitive, with several established players, Jurny's focus on AI to drive efficiency could be a significant differentiator. The fact that Jurny has already onboarded over 3,000 units and has achieved over $2.2 million in booked Annual Recurring Revenue (ARR) suggests that their value proposition resonates with property managers and hosts. Furthermore, the fivefold increase in their customer base over the last nine months indicates strong market traction and product-market fit.

Jurny's AI-powered PMS appears marginally better than other established solutions, which might be sufficient to capture market share in a "slightly competitive" landscape, as described. However, the low barriers to entry in the software space mean that Jurny will need to continuously innovate and enhance its offering to maintain a competitive edge. 

Jurny has shown promising performance in the Real Estate & Construction industry, particularly in the niche of AI-powered property management for short-term rentals. The company has developed a comprehensive property management system (PMS) that leverages artificial intelligence to automate short-term rental operations, including bookings, cleanings, customer service, dynamic pricing, and review management.

The traction for Jurny is evident in its substantial booked Annual Recurring Revenue (ARR) of over $2.2 million and a five-fold increase in its customer base over the past nine months. The platform's user base has expanded to over 3,000 live units, demonstrating the scalability and demand for Jurny's offering in the market.

Despite being in the pre-profit development phase, Jurny has generated an annual revenue of $1.38 million, reflecting a substantial growth rate of 37.6% year over year. This revenue growth indicates the company's ability to monetize its services effectively and grow its customer base. With a current valuation of $23.98 million and having raised $15.5 million in prior funding rounds, Jurny has solidified its position as a high-growth entity within its sector.

Strategic partnerships with major industry players like Airbnb, Vrbo, and Expedia further strengthen Jurny's market position, offering the potential for increased visibility and customer acquisition. However, it's worth noting that the company's monthly burn rate stands at $337,789.33, which suggests a need for careful financial management and strategic planning to reach profitability.

As an AI-powered solution automating short-term rental operations, Jurny faces specific risks that potential investors should consider. Although Jurny has demonstrated growth with an increase in its customer base and over 3,000 units live on its platform, the company is still in the pre-profit development phase with a net income most recent fiscal year end of -$4 million dollars, indicating that it is operating at a loss. This could pose a risk for investors as the company must achieve profitability to offer a return on investment.

Moreover, Jurny's high monthly burn rate of $337,789.33, coupled with short-term debts of $1,329,472.00 and long-term debts of $2,604,974.00, suggests that the company may face liquidity challenges. The reliance on continuous capital infusion to maintain operations can be a concern. 

The real estate and hospitality sectors are highly susceptible to macroeconomic factors, and any downturn in the economy could impact the demand for short-term rentals, thereby affecting Jurny's revenue. Furthermore, although only slightly competitive, the competitive landscape still presents a risk as Jurny must differentiate itself and capture market share from established property management systems.

Jurny's innovative AI-powered property management system represents a significant advancement in the real estate and construction industry, particularly within the short-term rental market. The company's ability to automate various operational aspects, including bookings, customer service, dynamic pricing, and review management, is a strong value proposition for property managers and hosts seeking efficiency and scalability.

The impressive growth in Jurny's customer base—increasing fivefold in just nine months—and the over 3,000 units live on its platform demonstrate tangible market traction and an accelerating adoption rate. Furthermore, with a booked Annual Recurring Revenue (ARR) of over $2.2 million, Jurny is showcasing a robust and reliable revenue stream poised for further growth.

Backed by a consortium of venture capital investors such as Mucker Capital, Okapi VC, Vitalize VC, Singularity Capital, and SaaS VC, Jurny has the financial support and strategic guidance to navigate its growth phase effectively. The company's recent fundraising efforts on StartEngine, with a valuation of $23.98 million, will bolster its initiatives in digital marketing, payroll, operations, and marketing, further solidifying its position in the market.

Despite Jurny's innovative approach to automating short-term rental operations with AI, there are several factors for potential investors to consider. The company is in the pre-profit phase with a reported net income loss of -$4 million for the most recent fiscal year-end. Without profitability, Jurny will rely on continuously raising outside capital to continue operations. This can become problematic during economic downturns or falls in fundraising activity, where investors are less willing to invest in early-stage startups. 

Jurny operates within a real estate and construction industry with a slightly competitive landscape and low entry barriers. This means that the market is relatively easy for new entrants to disrupt, with the possibility of increased competition in the future, which could threaten Jurny's market share and growth trajectory.

The fact that Jurny has not secured any patents may also be a concern, as it leaves the company's intellectual property unprotected and potentially vulnerable to imitation by competitors. Without patent protection, the proprietary technology and processes that Jurny relies on could be replicated, thus diminishing the company's competitive edge.

Investors should also note the company's high monthly burn rate of $337,789.33. While Jurny has cash and cash equivalents of $479,546.00, the burn rate could quickly deplete these reserves, potentially leading to a need for additional capital infusions that could dilute current shareholders.

Jurny is a company operating in the real estate and construction industry, offering an innovative AI-powered property management system (PMS) designed to automate short-term rental operations. With a focus on the US Property Management Software market, Jurny's platform is designed to streamline the process for property managers and hosts by managing various elements, including cleanings, bookings, customer service, dynamic pricing, and reviews in one integrated dashboard.

The company, which is in the pre-profit stage, has demonstrated significant growth potential with over 3,000 units live on its platform and a booked Annual Recurring Revenue (ARR) of over $2.2 million. Jurny has also reported a fivefold increase in its customer base over the past nine months, reflecting a strong market demand for its services. The company's revenue for the most recent fiscal year-end stood at $1,383,766, with an annual revenue growth of 37.6%.

Jurny has established partnerships with major players in the short-term rental industry, including Airbnb, Vrbo, and Expedia, which could indicate the company's credibility and strategic positioning within the market. The company is backed by venture capital, with investors such as Mucker Capital, Okapi VC, Vitalize VC, Singularity Capital, and SaaS VC supporting its growth.

Despite its growth trajectory, Jurny faces a moderately competitive landscape with low barriers to entry, which may pose challenges in maintaining its market position. The company has raised $15.5 million in prior funding rounds and is seeking additional capital through crowdfunding on StartEngine, with a pre-money valuation of approximately $23.98 million. The funds from the current campaign, which has a minimum target of $15,000 and a maximum target of $1 million, are intended for digital marketing, payroll, operations, and further marketing efforts.