# Airalo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airalo

- Industry: Telecoms
- Headquarters: Singapore, Singapore
- Website: www.airalo.com
- Total disclosed funding: $287M
- Latest round: Series C (Jul 10, 2025)
- Investors on record: 20

## About

Airalo, based in Singapore, provides innovative eSIM solutions for mobile data access, enabling users to connect seamlessly in over 200 countries without the need for traditional SIM cards.Founded in 2019 by Abraham Burak and Ahmet Ozdemir, Airalo specializes in eSIM technology, offering flexible data plans for travelers. The company has secured funding through four deals, with the latest being a Series B round in July 2023, raising USD 60.00 mn led by e& capital, alongside notable investors such as Antler Elevate and Rakuten Capital. In July 2025, Airalo raised USD 220 million in venture funding led by new investor CVC, with participation from returning investors Antler and Peak XV Partners. The headquarters is located in Singapore.Airalo specializes in providing eSIMs, a modern alternative to traditional SIM cards that enables users to access mobile data services in over 200 countries and regions globally. Their main product offerings include flexible data plans that cater to travelers looking for cost-effective solutions to avoid high roaming charges. The eSIM technology allows users to purchase data packs directly from their mobile devices through the Airalo app, facilitating immediate connectivity without the need for physical SIM cards. Customers of Airalo range from individual travelers to business professionals, all seeking reliable mobile data connectivity while abroad. The company's services focus on major markets including the United States, United Kingdom, Japan, Canada, and various European countries, thereby addressing the needs of a diverse and international clientele.In the most recent year reported, Airalo generated revenue of USD 6,325,487, with an EBITDA of USD -1,018,085.In July 2023, Airalo raised USD 60.00 mn in Series B funding, led by e& capital, to accelerate growth and expand market reach. The company plans to improve its mobile app, launch new data and voice packages, and expand its platform for travelers and business users.

## Funding rounds

- Series C, Jul 10, 2025, $220M — CVC, Antler, Peak XV Partners
- Series B, Jul 31, 2023, $60M — Liberty Global Capital, Telefonica, I2BF, Singtel Innov8, Rakuten Capital, Orange, KPN Ventures, Surge, Antler Elevate, e& capital, Peak XV Partners, T.Capital
- Series A, Oct 8, 2021, $5.4M — Hong Shan, I2BF, Plug and Play, Singtel Innov8, Wayra, Rakuten Capital, Antler, LG Technology Ventures, GoVentures, The Ventures
- Seed, Oct 3, 2019, $1.8M — Antler, Surge

## Investors

- Antler (https://capitalatlas.ai/funds/antler) — Seed, Series A, Series C
- Surge (https://capitalatlas.ai/funds/surge) — Seed, Series B
- Hong Shan — Series A
- I2BF (https://capitalatlas.ai/funds/i2bf) — Series A, Series B
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series A
- Singtel Innov8 (https://capitalatlas.ai/funds/singtel-innov8) — Series A, Series B
- Wayra (https://capitalatlas.ai/funds/wayra) — Series A
- Rakuten Capital (https://capitalatlas.ai/funds/rakuten-capital) — Series A, Series B
- LG Technology Ventures (https://capitalatlas.ai/funds/lg-technology-ventures) — Series A
- GoVentures — Series A
- The Ventures (https://capitalatlas.ai/funds/the-ventures) — Series A
- Liberty Global Capital — Series B
- Telefonica (https://capitalatlas.ai/funds/telefonica) — Series B
- Orange — Series B
- KPN Ventures (https://capitalatlas.ai/funds/kpn-ventures) — Series B
- Antler Elevate — Series B
- e& capital (https://capitalatlas.ai/funds/e-capital) — Series B
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series B, Series C
- T.Capital (https://capitalatlas.ai/funds/t-capital-2) — Series B
- CVC (https://capitalatlas.ai/funds/cvc) — Series C