/Companies

Airalo

Unicorn · $1BAntlerPlug and Play Ventures

Singapore, SG · 22 known investors

Find your way into Airalo

832 people in our graph share verified history with the Airalo team — schools, employers, funds. One of them is your warm intro.

Kushal Shahunlockedknows Abraham Burak · together at Airalo (overlapped)
×5knows the team · via Airalo
×6knows the team · via Antler

World's first eSIM store providing digital SIM cards to eliminate high roaming charges.

Also known as Airalo

Founders & leadership

ABAhmet Bahadır Özdemir
Ahmet Bahadır ÖzdemirCo-Founder and Chief Executive Officer
ABAbraham Burak
Abraham BurakCo-Founder and Chief Operating OfficerCo-founder and Chief Operating Officer of Airalo, which provides digital SIM cards for mobile connectivity.

Investors · 22

Antlerlisted by AntlerSingapore · $3M – $10M

How we know: Antler's portfolio page · funding news · the VCSheet dataset · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · research · airalo.com · Not right? Tell us

DTCPreportedHamburg

How we know: a partner's Signal profile · Not right? Tell us

Plug and Play VenturesreportedSunnyvale · $50K – $12M

How we know: open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Also in the syndicate · 10

Antler Elevatee& CapitalleadGO Ventures (GO p.l.c.)Ground ControlI2BFPlug and PlayRakuten VenturesleadSequoia Capital India's SurgeSingtel Innov8Wayra (Telefonica)

Funding

SEC filings, press & company announcements

$220M disclosed across 1 of 5 rounds · 2019–2025

  • $220MGrowth investmentJul 2025 · 4 sources

    CVC (lead), Antler Elevate, Peak XV

    Source ↗
  • Undisclosed amountSeries BAug 2023

    e& Capital (lead)

    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Valuation · disclosed

Disclosed events
$1Bvaluation at Growth investmentJul 2025
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Sep 2026

Airalo runs a digital marketplace for eSIMs (embedded SIMs), letting travelers buy and install mobile data packages on eSIM-compatible, network-unlocked devices without swapping a physical SIM card. Customers select coverage for a single country, a region (such as Europe, Asia, Latin America, the Caribbean, the Middle East and North Africa, Africa, North America or Oceania) or a global package, then choose a data bundle with a fixed volume or unlimited data for a set validity period; some packages also include calls and texts and a phone number. Purchases, installation, real-time usage tracking, management of multiple eSIMs and top-ups are handled through the Airalo website or its iOS and Android apps, which are offered in dozens of languages and multiple currencies, supported by 24/7 multi-language customer support including WhatsApp chat.

Alongside its consumer store, Airalo operates a business and partner arm. Airalo for Business gives companies a platform to assign eSIMs to employees, control budgets and reduce roaming costs, which the company states can be cut by up to 90%. For partners, Airalo offers a White Label product for launching branded eSIM stores, plus API integrations, reseller tools and voucher programs. The company describes itself as the world's first and largest eSIM marketplace, positions its offering as an alternative to carrier roaming charges, and also frames eSIMs as removing plastic waste associated with physical SIM cards.

Founding story

Co-founders Abraham Burak and Ahmet Bahadir Ozdemir built the company around a stated mission of creating a gateway to instant travel connectivity worldwide using eSIM technology, so that travelers would no longer depend on legacy roaming systems or physical SIM cards.

Business model

Airalo sells prepaid eSIM data packages directly to consumers through its website and mobile apps, with local plans starting from $4 and options ranging from 1 GB bundles to 30-day unlimited data plans, plus top-ups on existing eSIMs. It additionally monetizes business and partner channels through Airalo for Business corporate connectivity management, a White Label branded eSIM store product, API integrations, reseller tools and voucher programs. Consumer retention features include a referral program and a loyalty program.

Revenue comes from the sale of prepaid eSIM data, voice and text packages and subsequent top-ups, and from enterprise/partner channels including business accounts, white-label stores, APIs, reseller arrangements and vouchers.

Traction

Airalo states that over 30 million people use its service across 200+ destinations; the July 2025 funding announcement cited over 20 million travelers. The Android app lists more than 10 million downloads with a 4.6 rating from about 187,000 reviews, and the iOS app carries a 4.6 rating from about 101,000 ratings. Prior to its 2021 Series A the company reported 15x customer base growth since its first funding in October 2019.

Latest developments

In July 2025 Airalo announced a $220 million investment led by CVC through CVC Asia Fund VI ($185 million), with participation from existing investors Peak XV and Antler Elevate, valuing the company at over $1 billion. The company said it would use the capital to improve customer experience, support and product value, and to scale connectivity offerings for businesses. From July 2025 it planned an expanded range of data bundles from 1 GB plans to 30-day unlimited packages, dedicated data, text and voice packages in select destinations, and a new in-app experience across web, iOS and Android.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Airalo describes itself, and is described by lead investor CVC, as the first and largest travel eSIM provider and the category leader in travel eSIMs. At the time of its July 2025 round it was characterized as the eSIM industry's first unicorn, with CVC estimating the digital travel eSIM market at about US$1 billion and at an early stage of adoption relative to traditional roaming.

Airalo positions itself on breadth of coverage (200+ destinations, global plans spanning 160+ countries), a range of package types including unlimited data with no hotspot limit, pricing well below typical carrier roaming, transparency about fair usage policies and data caps, multi-language 24/7 support, and an app available in dozens of languages and currencies.

Technology

The product is built on eSIM (embedded SIM) provisioning, which replaces physical SIM cards with digitally delivered profiles. Airalo works with mobile network operators worldwide to provide coverage, and supports three installation methods (direct, manual, and QR code). Devices must support eSIM, be unlocked and not jailbroken or rooted; Airalo maintains a device compatibility list. Enterprise-facing technology includes an API, reseller tooling and a white-label storefront platform.

Go-to-market

Distribution is primarily direct and digital via the airalo.com store and the iOS and Android apps, which CVC characterized as having grown primarily through organic channels. Content marketing runs through the Airalo Magazine travel guides, and the company maintains social channels on TikTok, YouTube, Snapchat, Facebook, LinkedIn, Instagram and X. Indirect distribution runs through the Airalo Partners program covering resellers, APIs, vouchers and white-label stores.

International travelers needing mobile data abroad without roaming charges, and businesses and partners — companies managing employee travel connectivity, and travel or consumer brands reselling or white-labeling eSIM connectivity to their own customers.

Geography

Coverage spans 200+ destinations, with global packages covering 160+ countries and unlimited data plans available in 120+ destinations. Following its 2021 Series A the company described offices in Toronto (North America), Istanbul (Europe) and Singapore (Asia) alongside a remote team, and users in 190+ countries and regions.

History

Airalo secured $1.9 million in seed funding from Antler and Sequoia Capital India's Surge program, with initial funding in October 2019. In October 2021 it announced a $5.4 million Series A led by Rakuten Ventures, with Adit Swarup of Rakuten Ventures joining the board, and proceeds directed at expanding eSIM coverage, in-app services and teams in Toronto, Istanbul and Singapore. In July 2025 the company announced a $220 million investment led by CVC at a valuation above $1 billion, alongside plans for a new app experience, unlimited data plans and expanded enterprise offerings.

Risks & controversies

User reviews on Google Play report that eSIM installation and setup instructions can be verbose and confusing for first-time users, and one reviewer described being unable to get service working in a particular market. Service also depends on device eligibility: handsets must support eSIM, be network-unlocked and not jailbroken or rooted, and some regional device models are not supported.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
App languagesJan 202653 languages
App Store ratingJan 20264.6 out of 5 (101K ratings)
Countries and regions with usersOct 2021190
Countries covered by global eSIMJan 2026160
Customer base growth since October 2019 seed fundingOct 202115X customer growth base
Destinations coveredJan 2026200 destinations
Destinations with unlimited data packagesJan 2026120 destinations
Entry price for local eSIM plansJan 2026$4
Google Play downloadsSep 202610,000,000 downloads
Google Play ratingSep 20264.6 out of 5 (187K reviews)
Roaming cost reduction for business customersJul 202590%
Travelers servedJul 202520,000,000 travelers
UsersJan 202630,000,000 people
ValuationJul 2025$1B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Jul 2025
Airalo announces $220m investment led by CVC at over $1 billion valuation

Airalo announced a $220 million investment including $185 million from lead investor CVC through CVC Asia Fund VI, with participation from existing investors Peak XV and Antler Elevate. The investment included new growth capital valuing Airalo at over $1 billion.

$220M source ↗

Jul 2025
Expanded data bundles, voice and text packages, and new app experience

From July 2025 Airalo said it would offer an extended range of eSIM data bundles from 1 GB plans to 30-day unlimited data packages, introduce dedicated data, text and voice packages in select destinations, and roll out a new in-app experience across web, iOS and Android.

source ↗

Oct 2021
Airalo expands teams in Toronto, Istanbul and Singapore

Following its Series A, Airalo said it would add team members at its offices in Toronto (North America), Istanbul (Europe) and Singapore (Asia) while continuing to grow its remote team, and expand global eSIM coverage and in-app services.

source ↗

Oct 2021
Airalo raises $5.4M Series A led by Rakuten Ventures

Series A financing led by Rakuten Ventures with participation from Sequoia Capital India's Surge, Antler, Singtel Innov8, Wayra (Telefonica), LG Technology Ventures, GO Ventures, Ground Control, Plug and Play and I2BF. Adit Swarup, Partner at Rakuten Ventures, joined Airalo's board of directors.

$5.4M source ↗

Oct 2021
Adit Swarup of Rakuten Ventures joins Airalo board of directors

In connection with the Series A financing, Rakuten Ventures Partner Adit Swarup joined Airalo's board of directors.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Airalo do?
Airalo operates an eSIM marketplace selling local, regional and global mobile data packages for 200+ destinations.
Who founded Airalo?
Airalo was founded by Ahmet Bahadır Özdemir, Abraham Burak.
Who are Airalo's investors?
Airalo's investors include Antler, Antler Australia, CVC Asia Pacific (Japan) Kabushiki Kaisha, Endeavor Catalyst, KPN Ventures, LG Technology Ventures, Peak XV Partners, Rakuten Capital and 4 more.
How much funding has Airalo raised?
Airalo has disclosed $220M raised across 1 of its 5 known rounds.
Where is Airalo headquartered?
Airalo is headquartered in Singapore, SG.