Airalo joined the Unicorn Club on July 10, 2025 after raising a $220 million Series C funding round, reaching a $1 billion valuation. Founded in 2019, the company operates eSIM stores providing connectivity solutions for travelers. Airalo allows users to select local, regional, or global prepaid eSIM plans for mobile data, calls, and text services. It is available on both Android and iOS devices and is headquartered in Delaware, United States.
The platform focuses on seamless mobile connectivity for travelers, simplifying global communication and data access.
Keep reading to learn how Airalo became a $1 billion leader in eSIM and telecom infrastructure technology.
What Is Airalo and What Does It Do?
Airalo is a telecom infrastructure technology company that operates eSIM stores for travelers. The platform enables users to purchase local, regional, or global prepaid eSIM plans for mobile data, calls, and texts without needing physical SIM cards.
Airalo integrates mobile connectivity, billing, and eSIM management into a seamless experience, making it easier for travelers to stay connected across borders.
How Much Funding Has Airalo Raised?
1. Series C Round
- Amount Raised: $220 million
- Date: July 10, 2025
- Valuation: $1 billion
- Lead Investors: CVC
- Purpose: Expand eSIM platform, enhance user experience, and grow global adoption
2. Earlier Rounds (Seed to Series B)
- Cumulative Funding: $67 million
- Key Investors: Rakuten Capital, Peak XV Partners, and other early stage investors
- Purpose: Develop core eSIM platform, launch initial products, and scale user base
Total Funding Raised: $287 million Latest Funding Date: July 10, 2025 Latest Known Valuation: $1 billion
Key Investors
- Rakuten Capital
- Details: Venture capital arm of Rakuten investing in technology and telecom startups
- Focus Areas: Telecom infrastructure, digital connectivity, and mobile platforms
- Peak XV Partners
- Details: Growth stage investment firm backing innovative technology companies
- Focus Areas: Telecom technology, consumer connectivity, and mobile solutions
- CVC
- Details: Global private equity firm leading the Series C funding round
- Focus Areas: Telecom, technology scale-ups, and international expansion
Where Is Airalo’s Headquarters?
Airalo is headquartered in Delaware, United States, supporting its telecom infrastructure development, product engineering, and operations teams.
What’s Next for Airalo?
Airalo plans to expand its eSIM offerings, increase global coverage, and enhance the mobile connectivity experience for travelers. The company aims to grow adoption among Android and iOS users, develop new telecom solutions, and strengthen partnerships with mobile operators worldwide.
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