ClearJet Raises $25M Series B Led by Edison Partners
Austin-based ClearJet has raised a $25 million Series B round led by Edison Partners. The round brings the startup’s total funding to $40 million since its 2022 inception. Returning investors Venture53, Origin Ventures, SaltVC and SpringTime Ventures participated, according to Crunchbase News. Earlier backers include Sky VC, formerly JetBlue Ventures, and Tandem Ventures.
Business Model
ClearJet connects shippers with unused cargo capacity on commercial flights already traveling between U.S. cities. The company operates an asset-light model that places packages on passenger planes rather than operating its own fleet. Its network spans 95 U.S. airports and links retailers with major U.S. airlines plus final-mile providers including FedEx, the U.S. Postal Service, DoorDash, Uber, OnTrac and Veho. Retailers access the service through an API that generates two-day shipping labels. ClearJet handles pickup, airport delivery, sorting, screening and flight placement before handing packages to final-mile carriers.
Performance Metrics
ClearJet states it moves more than 30 million packages annually. The company reports it is profitable, with revenue more than tripled year over year and approaching nine figures in top-line revenue. It claims its approach can cut shipping costs by as much as 35 percent and speed deliveries by one to three days. One early retail customer reduced delivery time from seven days to five days and recorded $35 million in cost savings, according to Crunchbase News.
Market Context and Investor View
The startup targets a portion of the roughly 1.8 billion U.S. parcels considered eligible to move by air. Global funding to supply chain management and logistics startups reached $8.4 billion in 2026 so far, per Crunchbase data cited in the report. Edison Partners’ Ryan Ziegler noted the firm had examined supply chain businesses that failed due to asset-heavy approaches and viewed ClearJet’s airline relationships, regional sortation infrastructure, regulatory licenses and technology architecture as difficult to replicate.