# Airlift Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airlift-technologies-pvt

- Industry: Transportation Services
- Headquarters: Lahore, Pakistan
- Website: www.airliftexpress.com
- Total disclosed funding: $105M
- Latest round: Series B (Jan 19, 2022)
- Investors on record: 23

## About

Airlift Technologies Pvt. Ltd. is a technology-driven logistics company specializing in enhancing operational efficiency through advanced software solutions across various sectors, primarily focusing on logistics, retail, and healthcare.Founded in 2018 in Lahore, Pakistan, Airlift Technologies Pvt. Ltd. provides innovative logistics solutions. The company has engaged in 5 deals and recently raised USD 80.15 mn in a SERIES B funding round led by 20VC among other notable investors. The current valuation of the company is USD 250.21 mn. Usman Gul is the CEO, and the company was founded by Meher Farrukh.Airlift Technologies' primary offerings include a comprehensive software platform designed to improve workflow management and data analytics for businesses. Launched in 2020, this platform serves a diverse clientele, focusing on industries like logistics, retail, and healthcare, with a reach extending across North America, Europe, and parts of Asia, thanks to its user-friendly interface and robust features.The company generates revenue through a subscription model that allows clients to access their software solutions on a monthly or annual basis. This approach fosters long-term partnerships, offering various pricing tiers for both small and large enterprises. Revenue is primarily derived from recurring subscriptions linked to the flagship software, ensuring financial stability.Airlift Technologies aims to expand its product offerings with new features designed to enhance the user experience, particularly targeting logistics optimization tools set to launch in the next year. The company plans to penetrate new geographic markets, specifically targeting Southeast Asia by 2025. The recent funding of USD 80.15 mn will be utilized to support these initiatives, including product development and market expansion efforts.

## Funding rounds

- Series B, Jan 19, 2022, $80M — Fatima Ventures, Shrug Capital, Karman Ventures, Indus Valley Capital, Quiet Ventures, Future Positive, Fatima Gobi Ventures, 20VC, Buckley Ventures, Apollo Projects, Double Down
- Series A, Apr 28, 2021, $22M — First Round Capital, Share Capital, Khalifa Fund for Enterprise Development, Fatima Ventures, Conrad Labs, Zuma Ventures, Shorooq Partners, Village Global, K2 Venture Capital, Quiet Capital, Blue Amber Ventures, Indus Valley Capital, Outsized Ventures
- Seed, Aug 6, 2019, $2.2M — Gobi Partners, Fatima Ventures, Indus Valley Capital

## Investors

- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Seed
- Fatima Ventures (https://capitalatlas.ai/funds/fatima-ventures) — Seed, Series A, Series B
- Indus Valley Capital (https://capitalatlas.ai/funds/indus-valley-capital) — Seed, Series A, Series B
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Series A
- Share Capital (https://capitalatlas.ai/funds/share-capital) — Series A
- Khalifa Fund for Enterprise Development (https://capitalatlas.ai/funds/khalifa-fund-for-enterprise-development) — Series A
- Conrad Labs — Series A
- Zuma Ventures (https://capitalatlas.ai/funds/zuma-ventures) — Series A
- Shorooq Partners (https://capitalatlas.ai/funds/shorooq-partners) — Series A
- Village Global (https://capitalatlas.ai/funds/village-global) — Series A
- K2 Venture Capital (https://capitalatlas.ai/funds/k2-venture-capital) — Series A
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Series A
- Blue Amber Ventures (https://capitalatlas.ai/funds/blue-amber-ventures) — Series A
- Outsized Ventures (https://capitalatlas.ai/funds/outsized-ventures) — Series A
- Shrug Capital (https://capitalatlas.ai/funds/shrug-capital) — Series B
- Karman Ventures (https://capitalatlas.ai/funds/karman-ventures) — Series B
- Quiet Ventures (https://capitalatlas.ai/funds/quiet-ventures) — Series B
- Future Positive (https://capitalatlas.ai/funds/future-positive) — Series B
- Fatima Gobi Ventures (https://capitalatlas.ai/funds/fatima-gobi-ventures) — Series B
- 20VC (https://capitalatlas.ai/funds/20vc) — Series B
- Buckley Ventures (https://capitalatlas.ai/funds/buckley-ventures) — Series B
- Apollo Projects (https://capitalatlas.ai/funds/apollo-projects) — Series B
- Double Down (https://capitalatlas.ai/funds/double-down) — Series B