# Aero Payments

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aero-payments

- Industry: Financial Services
- Headquarters: Chicago, US
- Website: www.aeropay.com
- Total disclosed funding: $25M
- Latest round: Series B (May 16, 2024)
- Investors on record: 4

## About

Founded in 2017 and based in Illinois, US, Aero Payments, Inc. operates as a developer of an online payment solution that facilitates the movement of money in exchange for goods and services. In May 2024, the firm raised USD 20 million in Series B funding led by investor Group 11, with participation from other Continental Investment Partners. Returning investors Chicago Ventures also participated in the round. The company was founded by Daniel Muller, who is leading the firm as CEO as of 2024.

Aeropay offers a suite of payment solutions designed to streamline transactions. Its platform features account-to-account payments, instant payouts, and customizable integrations via APIs and SDKs. Key offerings include payment widgets, QR codes, and subscription management tools. The platform is notable for its bank-level encryption, robust fraud prevention measures, and minimal data requirements to enhance both security and user experience.

The company plans to use the May 2024 funding to expand its product development, alliance strengthening, and greenfield exploration.

## Funding rounds

- Series B, May 16, 2024, $20M — Chicago Ventures, Group 11, Continental Investment Partners
- Seed, Mar 8, 2021, $5M — Continental Investors, Chicago Ventures
- Seed, Sep 29, 2020 — Continental Investors

## Investors

- Continental Investors (https://capitalatlas.ai/funds/continental-investors) — Seed
- Chicago Ventures (https://capitalatlas.ai/funds/chicago-ventures) — Seed, Series B
- Group 11 (https://capitalatlas.ai/funds/group-11) — Series B
- Continental Investment Partners (https://capitalatlas.ai/funds/continental-investment-partners) — Series B