# Airly Sp. Z o.o.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airly-sp-z-o-o

- Industry: Environmental Services
- Headquarters: Krakow, Poland
- Website: www.airly.org
- Total disclosed funding: $5.5M
- Latest round: Series A (Nov 10, 2022)
- Investors on record: 7

## About

Airly Sp. Z o.o. is a company that develops hyperlocal air quality monitoring solutions, leveraging cutting-edge technology to provide real-time data for governments, businesses, and communities worldwide.Founded in 2016 in Krakow, Poland, Airly specializes in air quality monitoring technologies. The company has raised USD 5.5 mn in Series A funding as of November 10, 2022, led by investors including Firstminute Capital and Pi Labs. CEO Wiktor Warchalowski and co-founder Aleksander Konior have focused on expanding the company’s reach and capabilities since its inception.Airly specializes in the provision of hyperlocal air quality monitoring solutions through its comprehensive Airly Data Platform, which integrates a network of advanced sensors and data analytics capabilities. The core offering includes the Airly PM and Airly Gas air quality sensors, designed for accurate real-time measurement of air quality metrics. This platform serves a diverse client base that includes governments, businesses, and community organizations across over 50 countries, enabling them to monitor air pollution levels, assess environmental policies, and implement strategies to reduce emissions and enhance public health. The Airly Data Platform facilitates data analysis and visualization, aiding end users in making informed decisions regarding air quality management, while also providing educational insights to raise community awareness about pollution levels. Specific geographical markets include the UK and various countries throughout Europe, where local governments and urban planners utilize the platform to drive initiatives for cleaner air.In the most recent year of 2023, Airly generated a revenue of USD 1,236,270.30. In 2022, the company reported an EBITDA of USD -2,427,320.10, highlighting the financial context in which its operations are conducted. Airly's revenue model primarily hinges on a Software as a Service (SaaS) framework, offering subscription-based access to its Airly Data Platform and associated services. Clients, including public and private sector organizations, engage in transactions structured around annual or monthly subscriptions for continuous access to air quality data, sensor management tools, and technical support. The pricing model encompasses different tiers based on the scale of sensor deployment and required features, allowing clients to tailor their subscriptions according to specific needs. This transactional framework enables a direct relationship with clients, fostering partnerships that enhance air quality monitoring initiatives.Following the USD 5.5 million raised in Series A funding in November 2022, Airly plans to invest in research and development to enhance its product offerings. This funding will facilitate the design of upcoming products aimed at expanding their capabilities in air quality monitoring. Additionally, the company is targeting expansion into new geographic markets to broaden its impact and reach, with specific plans to enter new regions in Europe and the UK by 2024.

## Funding rounds

- Series A, Nov 10, 2022, $5.5M — Pi Labs, Firstminute Capital, Semapa Next, Virgin, UNTITLED, AENU, TO VC

## Investors

- Pi Labs (https://capitalatlas.ai/funds/pi-labs) — Series A
- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Series A
- Semapa Next (https://capitalatlas.ai/funds/semapa-next) — Series A
- Virgin (https://capitalatlas.ai/funds/virgin) — Series A
- UNTITLED (https://capitalatlas.ai/funds/untitled) — Series A
- AENU (https://capitalatlas.ai/funds/aenu) — Series A
- TO VC (https://capitalatlas.ai/funds/to-vc) — Series A