Airalo, the world’s largest eSIM provider, has secured a $220 million investment led by new investor CVC, valuing the company at over $1 billion. This funding marks Airalo as the industry’s first “unicorn” and will accelerate its rapid expansion, already serving over 20 million travelers across 200+ destinations.
The investment includes $185 million from CVC (via its CVC Asia Fund VI), with participation from existing investors Peak XV and Antler Elevate. This capital will enhance the customer experience through improved support, new products, and better value. Airalo also plans to provide connectivity solutions for businesses, catering to both employee and customer needs.
Starting July, Airalo will expand its eSIM data bundles, offering options from 1 GB plans for short trips to 30-day unlimited data for heavy users. They will also introduce dedicated data, text, and voice packages in select destinations for a “connect like a local” experience. A new in-app experience across web, iOS, and Android is also set to roll out.
Furthermore, Airalo is scaling its enterprise platform. Airalo for Business offers companies streamlined global connectivity management, helping reduce roaming costs by up to 90%. For partners, Airalo’s White Label solution enables quick setup of branded eSIM stores, and they offer API integrations, reseller tools, and voucher programs. These initiatives underscore Airalo’s commitment to building essential infrastructure for mobile-first businesses.
KEY QUOTES:
“This funding is a major milestone, not just for Airalo, but for the future of global connectivity. This raise allows us to drive innovation across every part of the user journey by delivering more flexible plans and a faster, more seamless experience. We’re not just enabling better eSIM solutions for travel – we’re building the infrastructure for the next generation of international mobile connectivity.”
Ahmet Bahadir Ozdemir, CEO and co-founder of Airalo
“We are thrilled to partner with Airalo — the clear category leader in travel eSIMs and a pioneer in redefining how travelers connect worldwide. The digital travel eSIM market, whilst already worth US$1 billion, is at the very early stages of becoming the main method by which consumers can receive the highest quality experience abroad, at a much lower price than they pay for roaming today. Airalo, with a highly scalable digital model grown primarily through organic channels, is best positioned to deliver superior value and customer experience for global travelers. We look forward to supporting Bahadir and the Airalo team.”
Siddharth Patel, Managing Partner at CVC
