Kura (CS) Limited

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Kura (CS) Limited - overview

Established

2015

Location

Glasgow, -, UK

Primary Industry

Outsourcing

About

Kura (CS) Limited is a business process outsourcing (BPO) provider, focusing on enhancing customer experience through tailored solutions in customer service, sales, and analytics across multiple sectors. Founded in 2015 and headquartered in Glasgow, UK, Kura (CS) Limited offers comprehensive BPO services aimed at customer experience transformation. The company was established by Kais Baillargeon, Keivan Shahida, and Nolan Gray and is currently led by CEO James Oakes. Kura has not undergone any known pivots in its business strategy and operates independently without parent or subsidiary affiliations.


The company has successfully raised funding through various rounds, with the latest funding amounting to USD 11. 00 mn, marking the total amount raised. Kura specializes in delivering comprehensive business process outsourcing (BPO) solutions with a strong emphasis on customer experience (CX) transformation. Their core offerings encompass customer service outsourcing, sales upgrades, retentions, customer insights and analytics, and payment support and debt collection services.


The company utilizes a consultative approach to address customer challenges, facilitating superior outcomes for clients across various industries, including healthcare, financial services, energy and utilities, and charities. Kura's clientele includes major organizations in the UK and beyond, which rely on their tailored, scalable, omni-channel solutions to enhance customer satisfaction and operational efficiency. Their offerings are designed to improve engagement and streamline processes, ensuring that clients can maintain competitive advantages in highly regulated and dynamic markets. In the most recent fiscal year 2023, Kura reported a revenue of USD 58.


22 mn and an EBITDA of USD 10. 55 mn. The company generates revenue primarily through B2B partnerships, providing tailored outsourcing solutions to a diverse range of industries. Kura's transaction structure includes contracts with clients for ongoing customer service and support, typically involving a subscription model or service agreements based on performance metrics.


This arrangement ensures clients have access to Kura’s skilled workforce and technology resources, contributing to enhanced customer satisfaction and business performance. Kura's flagship services are critical in sectors such as healthcare and financial services, where customer interactions are paramount to business success.


Primary Industry

Outsourcing

Sub Industries

BPO Services, Software

Website

www.wearekura.com

Total Amount Raised

Subscriber access only

Kura (CS) Limited - financials

Fiscal Year EndedJun 30, 2015Jun 30, 2016Jun 30, 2017Jun 30, 2018Jun 30, 2019Jun 30, 2020Jun 30, 2021Jun 30, 2022Jun 30, 2023
Revenue (USD)28,639,74230,436,45131,350,78243,638,34065,786,74258,138,438---
% Revenue Growth (YoY)-6.3%3.0%39.2%50.8%(11.6%)---
EBITDA (USD)3,278,8631,926,673615,8612,728,4512,010,3214,172,069---
Operating Income (USD)2,403,7701,425,105150,9081,840,678479,4222,520,216---
Operating Margin8.4%4.7%0.5%4.2%0.7%4.3%---
% EBITDA Margin11.4%6.3%2.0%6.3%3.1%7.2%---
NET Income (USD)2,793,3291,515,463204,0012,170,626(241,283)1,966,824---
% Net Margin9.8%5.0%0.7%5.0%(0.4%)3.4%---

Kura (CS) Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedParseq Limited-

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