Company:Airalo

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Short description: US eSIM marketplace
AirGSM Pte. Ltd.
Airalo eSIM
TypePrivate
IndustryTelecommunications, Travel
Founded2019; 5 years ago (2019)
FounderAbraham Burak, Bahadir Ozdemir
Headquarters
US
Area served
Worldwide
ServiceseSIM
MembersOver 10 million
Number of employees
200+ (2024)
Websitewww.airalo.com

Airalo is a US-based global eSIM marketplace.[1][2] It provides eSIMs through its apps,[3][4] enabling internet access in 200 countries and regions.[5][6][7]

History

Airalo is a US-based startup founded in 2019 by digital entrepreneurs Abraham Burak and Bahadir Ozdemir.[8][9] In 2019, Airalo secured $1.9 million in seed funding from Antler and Sequoia Capital.[10] In 2021, it secured $5 million in Series A financing,[11][10] followed by $60 million Series B financing round in 2023, led by e& Capital, the venture arm of e&, with participation from Antler Elevate, Liberty Global, Rakuten Capital, Singtel Innov8, Surge, Orange, T Capital (the venture arm of Deutsche Telecom), KPN Ventures, Telefónica Ventures and I2BF Global Ventures.[12][13][14][15][16][17]

As of 2024, the Airalo app has 10 million users and is available in 53 languages.[18][19][20][21][22]

References

  1. ↑ Rogers, Reece (2024-07-21). "eSIM para viajes internacionales: cómo se configura y todo lo que debes saber para usarla" (in es-MX). https://es.wired.com/articulos/esim-para-viajes-internacionales-como-se-configura-y-todo-lo-que-debes-saber-para-usarla. 
  2. ↑ Rogers, Reece. "How to Use an eSIM for International Travel" (in en-US). Wired. ISSN 1059-1028. https://www.wired.com/story/how-to-use-buy-esim-international-travel-trips/. 
  3. ↑ Chen, Brian X. (2023-03-23). "Attention, Travelers: Now Is the Best Time to Switch to eSIM" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2023/03/23/technology/personaltech/esim-sim-cards-travel.html. 
  4. ↑ Tibken, Shara (July 8, 2023). "Your Smartphone Can Have Two Lines. Here’s Why You’d Want That". https://www.wsj.com/articles/your-smartphone-can-have-two-lines-heres-why-youd-want-that-e811c035. 
  5. ↑ "Roaming disattivato in Africa, ma la super bolletta arriva lo stesso: perché?" (in it). 2024-08-11. https://www.repubblica.it/economia/diritti-e-consumi/casa/domande-e-risposte/2024/08/11/news/roaming_disattivato_in_africa_ma_la_super_bolletta_arriva_lo_stesso_perche-423442320/. 
  6. ↑ Moity, Steven (2024-01-05). "Come Home With Memories, Not a Shocking Phone Bill" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2024/01/05/travel/phone-international-cell-service-roaming.html. 
  7. ↑ "eSIM platform Airalo raises US$60 million in Series B funding" (in en). 2023-08-02. https://www.businesstimes.com.sg/startups-tech/startups/esim-platform-airalo-raises-us60-million-series-b-funding. 
  8. ↑ Hoon, Yeoh Siew (2023-08-21). "A minute of silence for the physical SIM card, please" (in en). https://www.webintravel.com/a-minute-of-silence-for-the-physical-sim-card-please/. 
  9. ↑ Cordon, Miguel (2019-10-09). "Sequoia Capital reveals 20 startups in second Surge cohort" (in en-US). https://www.techinasia.com/sequoia-reveals-20-startups-second-surge-cohort. 
  10. ↑ 10.0 10.1 Sri, Deepti (2021-10-11). "Rakuten, Sequoia, and more pour $5.4m into traveltech firm" (in en-US). https://www.techinasia.com/rakuten-antler-sequoia-singtel-innov8-pour-54m-traveltech-firm. 
  11. ↑ Morris, Anne (2021-10-13). "Wayra buys into eSIM startup Airalo" (in en). https://www.telcotitans.com/telefonicawatch/wayra-buys-into-esim-startup-airalo/3865.article. 
  12. ↑ "Telefónica invierte en Airalo en una ronda que cierra con 54,6 millones de euros" (in es). 2023-08-02. https://www.lavanguardia.com/economia/20230802/9147396/telefonica-invierte-airalo-ronda-cierra-54-6-millones-euros.html. 
  13. ↑ "People thought we were crazy to invest in Airalo during the pandemic…They just raised a $60M Series B". 2023-08-08. https://www.wayra.uk/articles/people-thought-we-were-crazy-to-invest-in-airalo-during-the-pandemic-they-just-raised-a-60m-series-b. 
  14. ↑ "Airalo Raises $60M in Series B Financing" (in en-US). 2023-08-01. https://www.finsmes.com/2023/08/airalo-raises-60m-in-series-b-financing.html. 
  15. ↑ "Airalo Secures $60 Million To Expand Its eSIM-Based Global Roaming Marketplace" (in en-US). 2023-08-01. https://www.techcompanynews.com/airalo-secures-60-million-to-expand-its-esim-based-global-roaming-marketplace/. 
  16. ↑ "Airalo, a company in GO Ventures’ portfolio, raises $60 million in Series B financing -". The Malta Independent. https://www.independent.com.mt/articles/2023-08-10/business-news/Airalo-a-company-in-GO-Ventures-portfolio-raises-60-million-in-Series-B-financing-6736253995. 
  17. ↑ "Airalo eSIM marketplace raises USD 60 mln in new funding round". 2023-08-02. https://www.telecompaper.com/news/airalo-esim-marketplace-raises-usd-60-mln-in-new-funding-round--1471682. 
  18. ↑ Muzoriwa, Kudakwashe (2023-08-02). "Airalo raises $60m in fundraising round led by e& Capital" (in en-US). https://gulfbusiness.com/airalo-secures-60m-in-series-b-funding-round/. 
  19. ↑ Lunden, Ingrid (2023-07-31). "Airalo locks in $60M to expand its eSIM-based global roaming 'marketplace'" (in en-US). https://techcrunch.com/2023/07/31/airalo-locks-in-60m-to-expand-its-esim-based-global-roaming-marketplace/. 
  20. ↑ "UAE's e& leads $60 million funding round for Airalo's eSIM marketplace - Edge Middle East" (in en-US). Edge Middle East. 2023-08-02. https://www.edgemiddleeast.com/business/uaes-e-leads-60-million-funding-round-for-airalos-esim-marketplace. 
  21. ↑ Yow, Daphne (2023-08-02). "eSIM platform Airalo raises US$60 million in Series B funding" (in en). https://www.businesstimes.com.sg/startups-tech/startups/esim-platform-airalo-raises-us60-million-series-b-funding. 
  22. ↑ Sharma, Shubham (2019-10-11). "Airalo is world’s first eSIM store and here’s how it plans to change the telecommunication industry forever" (in en-US). https://siliconcanals.com/news/airalo-first-esim-sim-store-telecommunication/. 



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