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§ Private Profile · Melbourne, Victoria, Australia
Designs and manufactures smart travel locks and GPS trackers with real-time global tracking for consumer and enterprise asset security.
AirBolt® is a Templestowe Lower, Australia-based hardware company that develops Bluetooth-enabled smart travel locks and LTE-M GPS trackers for consumer and enterprise asset security. The company generates revenue through direct-to-consumer hardware sales, enterprise tracking solutions for platforms like Airbnb, and recurring subscription fees for its cellular tracking networks. Operating with fewer than 25 employees, the business generates under $5 million in annual revenue and has sold over 60,000 connected devices across the globe. The hardware manufacturer initially financed its operations through successful product campaigns on Kickstarter and Indiegogo, raising $1.4 million in a 2020 crowdfunding initiative. Following its early profitability, the enterprise secured a $2 million AUD Series Seed funding round led by 72Capital, with additional equity participation from Moat Investments. AirBolt® was officially founded in Melbourne during 2014 by Kabir Sidhu.
AirBolt® has raised $1.5M across 1 funding round.
AirBolt® has raised $1.5M in total across 1 funding round.
AirBolt® has raised $1.5M in total across 1 funding round.
AirBolt®'s investors include 72Capital.
AirBolt® has raised $1.5M across 1 funding round. Most recently, it raised $1.5M Seed in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 9, 2021 | $1.5M Seed | 72capital | — | Announced |