Aura has completed its acquisition of Qoria, combining two online safety and wellbeing companies into a larger global platform serving individuals, families, schools and enterprises.
The transaction brings together Aura’s AI-powered consumer protection tools with Qoria’s connected-school ecosystem and parental safety technology.
The combined company will trade on the Australian Securities Exchange under the ticker symbol “AXQ.”
Aura’s CHESS Depositary Interests are expected to begin normal trading on a T+2 settlement basis on July 20, 2026, after beginning conditional and deferred settlement trading on July 9.
A CHESS Depositary Interest allows investors on the Australian Securities Exchange to hold and trade an interest in shares of a company incorporated outside Australia. T+2 settlement means a transaction is generally completed two business days after the trade date.
The acquisition was finalized after satisfying the conditions set out in the Australian Scheme of Arrangement, including approval from Qoria shareholders and the Federal Court of Australia.
Eligible Qoria shareholders received approximately one Aura CDI for every 17.32 Qoria shares they held.
Qoria previously traded on the Australian Securities Exchange under the ticker symbol “QOR.”
The combination creates a more diversified online safety company with a larger international customer base and products covering digital risks across home, school and workplace environments.
On a pro forma basis, the combined group generated more than $300 million in annual recurring revenue during the year ending December 31, 2025.
Aura is targeting revenue growth of more than 20% during calendar year 2026. The company also expects to generate positive free cash flow from the closing date through December 31, 2026.
Annual recurring revenue measures the recurring value of subscription and contracted revenue expected over a 12-month period. The metric is commonly used to evaluate subscription-based technology companies, although it is not standardized under Australian accounting rules, International Financial Reporting Standards or U.S. generally accepted accounting principles.
Aura provides online safety services intended to protect people from identity theft, financial fraud, scams and other digital threats.
Its platform uses AI to identify risks and provide an always-on layer of protection for individuals, families and organizations.
Qoria specializes in student safety and digital wellbeing. Its products support schools and parents seeking to protect children from cyberbullying, harmful online content and other threats to their wellbeing.
The acquisition adds approximately 32,000 school customers to Aura’s platform and expands its reach through Qustodio’s global base of parent accounts.
Qustodio provides parental control and digital wellbeing tools that help families understand and manage children’s online activity.
Combining Aura’s consumer safety services with Qoria’s school and family offerings creates opportunities to support users across more stages of their digital lives.
A child may interact with online services at home, through school-issued technology and eventually in the workplace. Aura intends to create a connected protection model that operates across each environment.
The company is positioning the combined platform around an AI-first approach that can identify potential threats earlier and provide more proactive support.
Traditional digital safety products may respond after a fraudulent transaction, harmful interaction or security incident has already occurred.
Aura aims to use data and AI to recognize risk signals sooner, alert users and recommend actions before a situation becomes more serious.
Within schools, these capabilities could help identify cyberbullying, exposure to harmful content or changes in online behavior that may indicate a wellbeing concern.
For families, the combined platform could provide parental controls, identity protection, fraud monitoring and tools for managing children’s digital experiences.
Enterprise customers may use the platform to protect employees and reduce the risks created when personal identity threats, scams and online attacks affect the workplace.
The integration gives Aura access to Qoria’s relationships with schools while providing Qoria’s users with potential access to a broader set of consumer safety capabilities.
The expanded customer base also gives the company more opportunities to cross-sell products across households, educational institutions and businesses.
Alongside the acquisition, Aura raised $100 million through an equity placement to existing shareholders.
Participants included Aura founder and CEO Hari Ravichandran, WndrCo, Accel, and General Catalyst.
The additional capital is expected to support the combined company as it integrates the businesses, expands its technology and pursues growth across international markets.
Aura will report its second-quarter 2026 financial results before the Australian Securities Exchange opens on August 6.
The company will host its first public earnings webcast later that day to discuss its results, integration plans, and business outlook.
The report will provide investors with an early view of Aura’s financial performance following its public market debut and the completion of the Qoria transaction.
The acquisition establishes Aura as a larger participant in the global online safety market at a time when consumers, schools and businesses face growing risks from identity theft, financial fraud, harmful content and AI-enabled scams.
By combining consumer protection with Qoria’s school safety ecosystem, Aura intends to build an end-to-end platform that protects users across the digital environments they encounter throughout their lives.
KEY QUOTE:
“Aura and Qoria are both mission-driven companies. We exist to empower people of all ages to not only stay safe, but thrive in a fully connected world. Together, we will accelerate our shared vision for an end-to-end, AI-first model that helps proactively protect users across the environments that matter most: home, school and work.”
Hari Ravichandran, Founder and CEO of Aura
