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CVC led a $220-million funding round in Airalo, valuing the company at over $1 billion. The funding aims to enhance user support and product offerings.

PRIVATEJul 10, 2025•10 months ago

Amount Raised

$220 Million

Lewes

Investors

Liberty Global VenturesOrange VenturesTelefonica Open InnovationAntler ElevatePeak XvCvc

Description

CVC Invests In Singaporean Tech Company Airalo. The funding will enhance customer experience with improved user support and new products. Founded in 2019, Airalo is the largest eSIM provider, serving over 20 million customers globally. This investment will drive innovation throughout the user journey.

Company Information

Company

Airalo

Location

Lewes, Delaware, United States

About

Bringing you pain-free connectivity while you travel. As travelers ourselves, we’ve faced the painful situations of not finding Wi-Fi, losing the SIM card you’ve carefully taped to the back of your phone, and the horror of coming home to an unexpected roaming bill. We believe that in today’s modern world, connectivity and freedom should be accessible to all. Airalo is here to take away the pain and stress of researching and seeking out the best roaming deal. We’re here to let everyone stay connected globally while keeping it simple and pain-free. Airalo is the world’s first eSIM store for travelers to access over 200+ eSIMs at the most affordable, local rates from around the world, all via eSIM-compatible smartphone, tablet, or PC. Airalo offers you both connectivity and freedom - you’ll never have to carry multiple SIM cards or change your number again, no matter where you are in the world.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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