We have some exciting news to share…we have secured $38 million in our Series C funding! Here we go over the details and how it ties into our long-term growth strategy.
Airspace is backed by investors who truly believe in our mission and love watching our company grow. With our latest Series C, we have now secured over $70 million in funding. We initially went through our Series A funding back in August 2018 when we received $8 million from Defy Partners with participation from Qualcomm Ventures (the investment arm of Qualcomm Incorporated), Cross Culture Ventures, and Schematic Ventures. Then, in November 2018 we announced our $20 million Series B funding, which was led by Scale Venture Partners with participation from existing investors Qualcomm Ventures, Defy Ventures, Cross Culture Ventures, and Schematic Ventures.
Now enter our largest funding round to date! Our Series C funding is led by Telstra Ventures, and joined by co-lead HarbourVest Partners. Other participants include return backers Scale Ventures, who led Airspace’s Series B; and Defy, who led Airspace’s Series A; along with Qualcomm, and Prologis Ventures.
Since our Series A and Series B funding, Airspace was able to expand internationally. We now have an office in Amsterdam and support a growing list of international clients. Our latest round of Series C funding will allow us to continue to expand our global presence and meet the demand of our customers’ time-critical shipping needs. With real-time data and visibility into every shipment, Airspace allows companies to better track the packages that matter the most.
“We want to make shipping faster and more transparent than it's ever been,” said Nick Bulcao, CEO and Co-Founder at Airspace. "As part of our growth strategy, we are exploring new markets, investing in our people and our technology, and continuing to show our customers that we are committed to providing all of their time-critical shipping needs."
Along with growth comes opportunity — and Airspace is seizing that opportunity. Stay tuned for our updated website, new “look,” exciting videos, enhanced product offerings, and an all-around exceptional user experience!
To learn more about our latest round of funding, read our full press release here.