Airalo, the eSIM marketplace that is revolutionizing global connectivity, has successfully completed its Series B financing round, raising an impressive amount of funding. The round was led by e& capital, the investment arm of e&, the global technology group. With this latest injection of capital, Airalo’s total funding now stands at a significant amount.
Several prestigious investors participated in the funding round, including Antler Elevate, Liberty Global, Orange, T.Capital, Rakuten Capital, Singtel Innov8, Telefónica Ventures, Sequoia Capital India, SEA’s Surge (now known as Peak XV Partners), KPN Ventures, and I2BF Global Ventures. This diverse consortium of investors reflects the industry-wide recognition of Airalo’s groundbreaking work in making global connectivity accessible and affordable for travelers all over the world.
The substantial capital raised in this round will drive Airalo’s growth plans, which include expanding its community of millions of users, bolstering its global team, and introducing a new connectivity solution for businesses and organizations called Airalo Partners. By combining cutting-edge technology and a user-centric approach, Airalo continues to empower travelers with seamless access to mobile networks, enhancing their journeys and creating unforgettable experiences.
Co-founders [Co-Founder 1] and [Co-Founder 2] expressed their gratitude for the support, stating, Airalo has been able to alleviate the pain points and enhance the experience of millions of travelers by providing affordable and accessible connectivity around the world. This new consortium of investors will further enable us on our mission to build the gateway to instant worldwide connectivity.
Airalo has gained the trust of millions of users worldwide with its coverage spanning over 200 countries and regions. The company’s remote-first approach has resulted in a diverse team of over 250 professionals spread across 44 countries. To cater to its global audience, the Airalo website and app are available in 22 languages, with plans to expand to 53 in the near future. The Airalo app has also received high ratings, with 4.7 stars on the App Store and 4.6 stars on the Google Play Store, solidifying its position as the top travel app in multiple countries and showcasing its commitment to user satisfaction.
Thanks to its remarkable growth trajectory and unwavering dedication to transforming the travel experience, Airalo has emerged as a trailblazer and an essential tool for travelers. With the influx of new capital and strategic partnerships, Airalo is poised to accelerate its expansion, ensuring that travelers around the world can stay seamlessly connected no matter where their journeys take them.
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In summary, Airalo, the pioneering eSIM marketplace, has successfully raised an impressive amount of funding in its Series B financing round. This investment will fuel the company’s growth plans and enable it to further enhance global connectivity for travelers. With a diverse consortium of investors backing its transformative work, Airalo is set to revolutionize the way people stay connected while traveling.
