Aircall has successfully raised over $100 million across five funding rounds, achieving a valuation of $1 billion or more. The company offers a cloud-based voice platform that integrates seamlessly with popular productivity and helpdesk tools.
Keep reading to explore the intricacies of Aircall's fundraising journey and the investors backing this innovative platform.
What Is Aircall?
Aircall, founded in 2014, is a cloud-based voice platform designed to integrate seamlessly with popular productivity and helpdesk tools. The company is headquartered in New York and Paris.
Founded by Jonathan Anguelov, Pierre-Baptiste Béchu, Xavier Durand, and Olivier, Aircall aims to make phone support as easy to manage as any other business workflow. The platform emphasizes accessibility, transparency, and collaboration.
With over 300 employees, Aircall is dedicated to enhancing voice communication for connecting with customers, prospects, candidates, and colleagues.
How Much Funding Has Aircall Raised?
- Seed Round
- Amount Raised: $800,000
- Date: June 2015
- Motivation: Initial funding to develop the software-as-a-service for support teams.
- Unknown Round
- Amount Raised: $2,750,000
- Date: January 2016
- Lead Investors: Balderton Capital's Bernard Liautaud
- Motivation: To support the growth and scaling of Aircall's telephony operations across multiple countries and to integrate with a wide range of business applications.
- Series A
- Amount Raised: $8,000,000
- Date: September 2016
- Lead Investors: Balderton Capital, with participation from FJLabs and existing investors
- Motivation: To expand in the U.S. by opening a new office in New York and to double the team size over the next year.
- Series B
- Amount Raised: $29,000,000
- Date: April 2018
- Lead Investors: Draper Esprit
- Motivation: To create an executive team and strong leadership.
- Series C
- Amount Raised: $65,000,000
- Date: May 2020
- Lead Investors: DTCP
- Valuation: More than 3x the previous round (~estimated)
- Motivation: Expansion with more developers, a bigger sales team, and a new office in Australia.
Total Amount Raised: $105,550,000
Current Valuation: More than 3x the previous round (~estimated)
Key Investors
- DTCP
- Details: DTCP is a leading investment management group focused on digital transformation. They led Aircall's Series C funding round.
- Investment Focus Areas: Technology, telecommunications, digital infrastructure
- Notable Investments: Fastly, Pipedrive, Guardicore
- Balderton Capital
- Details: Balderton Capital is a prominent European venture capital firm. They have been involved in multiple funding rounds for Aircall.
- Investment Focus Areas: Early-stage technology companies, SaaS, fintech
- Notable Investments: Revolut, Citymapper, GoCardless
- Draper Esprit
- Details: Draper Esprit is a venture capital firm that invests in high-growth technology companies. They led Aircall's Series B funding round.
- Investment Focus Areas: Technology, fintech, digital health
- Notable Investments: Trustpilot, Graphcore, Revolut
- eFounders
- Details: eFounders is a startup studio that specializes in building and investing in SaaS companies. They were one of the initial investors in Aircall.
- Investment Focus Areas: SaaS, productivity tools, collaboration software
- Notable Investments: Front, Spendesk, Mailjet
- NextWorld Capital
- Details: NextWorld Capital is a venture capital firm that focuses on enterprise technology companies. They participated in Aircall's Series B funding round.
- Investment Focus Areas: Enterprise technology, SaaS, cloud computing
- Notable Investments: Zuora, DataStax, ProsperWorks
What's Next for Aircall?
Aircall stands at the cusp of significant growth opportunities, particularly in the U.S. and Australia. The company aims to deepen its integration with CRM systems and support platforms, enhancing features like call transcriptions and sentiment analysis. This expansion could potentially double its customer base and significantly increase its market share.
Future fundraising efforts are likely to focus on scaling operations and further product development. Given the company's impressive growth trajectory and investor confidence, additional funding rounds could support international expansion and innovation in AI-driven features.
However, Aircall faces challenges such as intense competition from other cloud-based phone systems and maintaining service quality as it scales. Economic uncertainties and the need to manage rapid team expansion also pose potential hurdles. Nonetheless, the increasing demand for cloud-based solutions and remote work tools positions Aircall well for continued success.
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