The investment includes new growth capital valuing Airalo at over $1 billion, marking its status as the industry's first unicorn.

The investment includes $185 million from lead investor CVC (through its CVC Asia Fund VI), with participation from existing investors Peak XV and Antler Elevate. This new capital will fuel the continual improvement of the customer experience, including enhanced user support, new products and better value for money. Airalo will also use its industry-leading platform to provide connectivity to companies, both for the needs of their employees and their customers.

Airalo, founded in 2019, is the world's first and largest travel eSIM provider. Trusted by over 20 million travelers to date, Airalo offers eSIM packages in 200+ countries and regions, empowering users to instantly connect to mobile networks worldwide. Headquartered in the U.S. with a remote team spanning 55 countries, Airalo is committed to making mobile connectivity on the move easier, more affordable, and accessible to all.