Aura, the identity theft protection company, completed its acquisition of the Australian family safety firm Qoria on July 17 and began trading on the Australian Securities Exchange. Founder Hari Ravichandran says the combined business will run on a single artificial intelligence system covering both adults and children. The claim caps a year of Aura research into how young people use their devices.
Aura said on July 17, 2026 that it had completed its takeover of Qoria, with the combined company listing on the Australian Securities Exchange under the ticker AXQ and Qoria's former QOR listing set for removal on July 20. Aura raised US$100 million in an equity placement from existing shareholders, among them Ravichandran, WndrCo, Accel and General Catalyst. Qoria sells online safety software to schools and families, including the parental monitoring service Qustodio.
Aura sells protection against identity theft and financial fraud. Ravichandran founded it in 2017, after his own identity was stolen, and built it around artificial intelligence that monitors for online threats. Describing the combined company, Aura said its platform delivers protection for individuals, families, and enterprises, reaching from proactive protection against identity theft, financial fraud, and online threats to tools that help schools and parents protect children from cyberbullying, harmful content, and threats to their wellbeing.
The combined company reported pro forma annual recurring revenue above US$300 million for the year ended December 31, 2025, and about 32,000 school customers, along with the parent accounts of Qoria's Qustodio service. Aura set a 2026 growth target above 20%, with positive free cash flow by year-end.
Much of Aura's public work this year has centered on children. In March 2026 it published the first part of its 2026 State of the Youth Report and added a Digital Wellbeing Score to its parental app. According to Aura, the score analyzes a child's device use across 17 dimensions, sets a baseline over the first three days, then tracks a rolling seven-day average and labels the result healthy, improving, declining, or concerning. The company said it flags device habits that matched those of stressed or struggling young people in its research, adding that the score does not diagnose mental health conditions or measure emotions.
The research reported that digital wellbeing falls as children get older. Aura said scores of 54 or below out of 100 signal low wellbeing, and that more than 60% of 16- and 17-year-olds fell into that range, while among children aged 8 to 15 fewer than 40% did. As kids and teens mature and they gain more freedom, digital wellbeing plummets, suggesting an inability to self-regulate unhealthy digital behaviors, Aura's former chief medical officer, Dr. Scott Kollins, said in the March announcement.
A second installment, titled State of the Youth: To Infinity and Autoplay and published June 4, 2026, reported that summer screen time rose about 30% for children aged 7 to 12 and 15% for teenagers, and that one in three children aged 8 to 17 had low digital wellbeing. Aura also said 45% of children felt talking to AI chatbots was like talking to friends, and 46% of parents said their child believed AI has thoughts and feelings.
Announcing an earlier set of AI parenting tools last year, Ravichandran said, my kids were struggling and I did not know, because it was masked behind their screens. The children's tools apply the monitoring Aura built for fraud: continuous tracking that scores behavior and raises alerts, including indicators of self-harm. The findings rest largely on Aura's own research, without independent review, and how accurately software can read a child's distress from patterns of device use is a question that research does not settle.
The combined company began trading in Australia on July 20. Whether one AI system can carry protection across home, school and work, as Ravichandran says it will, depends on an integration that has only begun.