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Airalo

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US eSIM marketplace
AirGSM Pte. Ltd.
Trade nameAiralo eSIM
Company typePrivate
IndustryTelecommunications, Travel
Founded2019; 5 years ago (2019)
FoundersAhmet Bahadir Ozdemir
Abraham Burak
Duran Akcaylier
HeadquartersUS
Area servedWorldwide
Key peopleAhmet Bahadir Ozdemir, CEO
ServiceseSIM
MembersOver 10 million
Number of employees51-200 (2024)
Websitewww.airalo.com

Airalo operates an online marketplace for the purchase of eSIMs. It is headquartered in Delaware with its operational base in Singapore. As of May 2024, it had 10 million users. It offers eSIMs for use in over 200 countries.

eSIMs are a type of SIM card.

History

Airalo was founded in 2019 by Ahmet Bahadir Ozdemir, a serial entrepreneur, Abraham Burak, a Canadian businessman, and Duran Akcaylier, a web application designer and developer. Duran Akcaylier left the company in 2020.

In May 2024, the company reached 10 million users.

Financing

In 2019, Airalo secured $1.9 million in seed funding from Antler and Sequoia Capital.

In October 2021, it secured $5 million in Series A financing.

In July 2023, it received $60 million in a Series B financing round 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 Telekom), KPN Ventures, Telefónica Ventures, and I2BF Global Ventures. At that time, it had 5.1 million customers.

References

  1. "Airalo News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights". RivalSense. Retrieved 28 October 2024.
  2. ^ Hoon, Yeoh Siew (2023-08-21). "A minute of silence for the physical SIM card, please". WiT. Retrieved 2024-08-28.
  3. ^ Choudhary, Lokesh (29 May 2024). "Peak XV-backed eSIM startup Airalo reaches 10 million users". Tech in Asia.
  4. Chen, Brian X. (2023-03-23). "Attention, Travelers: Now Is the Best Time to Switch to eSIM". The New York Times. ISSN 0362-4331. Retrieved 2024-08-28.
  5. Tibken, Shara (July 8, 2023). "Your Smartphone Can Have Two Lines. Here's Why You'd Want That". The Wall Street Journal. Retrieved August 28, 2024.
  6. "Roaming disattivato in Africa, ma la super bolletta arriva lo stesso: perché?". la Repubblica (in Italian). 2024-08-11. Retrieved 2024-08-28.
  7. Moity, Steven (2024-01-05). "Come Home With Memories, Not a Shocking Phone Bill". The New York Times. ISSN 0362-4331. Retrieved 2024-08-28.
  8. Rogers, Reece (2024-07-21). "eSIM para viajes internacionales: cómo se configura y todo lo que debes saber para usarla". WIRED (in Mexican Spanish). Retrieved 2024-08-28.
  9. Rogers, Reece. "How to Use an eSIM for International Travel". Wired. ISSN 1059-1028. Retrieved 2024-08-28.
  10. Cordon, Miguel (2019-10-09). "Sequoia Capital reveals 20 startups in second Surge cohort". www.techinasia.com. Retrieved 2024-08-28.
  11. CrowdforThink. "CrowdforThink : Blog -Airalo Looks To Redefine Rules Of Roaming For Indians With eSIM Marketplace". CrowdforThink. Retrieved 2024-10-22.
  12. ^ Sri, Deepti (October 11, 2021). "Rakuten, Sequoia, and more pour $5.4m into traveltech firm". Tech in Asia.
  13. Morris, Anne (2021-10-13). "Wayra buys into eSIM startup Airalo". TelcoTitans.com. Retrieved 2024-08-28.
  14. "Airalo, a company in GO Ventures' portfolio, raises $60 million in Series B financing". The Malta Independent. August 10, 2023.
  15. "eSIM platform Airalo raises US$60 million in Series B funding". The Business Times. 2023-08-02.
  16. Lunden, Ingrid (July 31, 2023). "Airalo locks in $60M to expand its eSIM-based global roaming 'marketplace'". TechCrunch.
  17. "Telefónica invierte en Airalo en una ronda que cierra con 54,6 millones de euros". La Vanguardia (in Spanish). 2023-08-02. Retrieved 2024-08-28.
  18. "People thought we were crazy to invest in Airalo during the pandemic…They just raised a $60M Series B". www.wayra.uk. 2023-08-08. Retrieved 2024-08-28.
  19. "Airalo Raises $60M in Series B Financing". FinSMEs. 2023-08-01. Retrieved 2024-08-28.
  20. "Airalo Secures $60 Million To Expand Its eSIM-Based Global Roaming Marketplace". Tech Company News. 2023-08-01. Retrieved 2024-08-28.
  21. "Airalo eSIM marketplace raises USD 60 mln in new funding round". www.telecompaper.com. 2023-08-02. Retrieved 2024-08-28.
  22. Muzoriwa, Kudakwashe (2023-08-02). "Airalo raises $60m in fundraising round led by e& Capital". Retrieved 2024-08-28.
  23. "UAE's e& leads $60 million funding round for Airalo's eSIM marketplace - Edge Middle East". Edge Middle East. 2023-08-02. Retrieved 2024-08-28.
  24. Sharma, Shubham (2019-10-11). "Airalo is world's first eSIM store and here's how it plans to change the telecommunication industry forever". Silicon Canals. Retrieved 2024-08-28.
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