ClearJet, a logistics technology company based in Austin, has raised $25 million in a Series B funding round led by Edison Partners. This investment will help the startup scale its innovative AI-powered platform that connects shippers with unused cargo capacity on commercial passenger flights, providing faster and more cost-effective e-commerce delivery solutions across the U.S.
- Connects shippers to unused cargo space on passenger flights
- Cuts shipping costs by up to 35%, speeds delivery 1-3 days
- Customer base includes major retailers and e-commerce platforms
What happened
ClearJet secured $25 million in a Series B funding round led by Edison Partners. This brings the company’s total funding to $40 million since its founding in 2022. Existing investors such as Venture53, Origin Ventures, SaltVC, and SpringTime Ventures also participated. ClearJet's technology connects online retailers and logistics providers to unused capacity on commercial passenger flights for air cargo movement across the U.S.
Instead of owning planes or trucks, ClearJet operates an asset-light ‘Uber for cargo’ platform that uses AI to route packages through a network spanning 95 airports. This approach has helped the company more than triple its revenue year over year and reach profitability while handling over 30 million packages annually.
Why it matters
ClearJet’s model disrupts traditional parcel delivery that depends heavily on owning physical transportation assets. By utilizing existing passenger flights, it can drastically reduce overhead and provide faster shipping options. This ability to slash shipping costs by up to 35% and shorten delivery times by several days offers a compelling value proposition for large retailers and marketplaces competing on speed and efficiency.
The company’s growth reflects a broader surge in logistics technology investment, with global funding for supply chain startups expected to surpass $9 billion in 2026. ClearJet exemplifies how technology and asset-light strategies can unlock new efficiencies in the complex U.S. parcel delivery market.
What to watch next
ClearJet is poised to expand its network connections with airlines and last-mile delivery providers including FedEx, USPS, DoorDash, Uber, and others. Continued integration of these partners will be critical to further speeding delivery times and scaling package volumes beyond the current 30 million per year milestone.
Investors and industry observers will monitor how ClearJet balances growth with maintaining profitability, and whether it can capture a significant share of the untapped air parcel market estimated at 1.8 billion shipments annually in the U.S. Next steps may include geographic expansion, technology enhancements, and partnerships with additional retailers and logistics providers.