Airspace is a technology company.
Airspace has raised $136.0M across 4 funding rounds.
Airspace has raised $136.0M in total across 4 funding rounds.
Airspace Technologies is a technology-driven logistics company specializing in time-critical shipping solutions for sensitive cargo. It builds an AI-powered platform that automates routing, dispatching, tracking, and end-to-end visibility, integrating flights, trucks, and services to deliver faster, safer, and more transparent shipping.[1][3][5] The company serves industries like healthcare (e.g., over 100,000 organs delivered), aerospace, life sciences, high-tech, semiconductors, automotive, and manufacturing, solving urgent delivery challenges such as supply chain bottlenecks and high-value package security.[1][2][3] With ~350 employees, 99%+ on-time delivery, $139M in total funding, and customers including 20% of Fortune 100 and one-third of top semiconductor firms, Airspace shows strong growth through global expansion and product launches like instant quoting and green routing.[3][4][5]
Airspace Technologies was co-founded in 2016 by Nick Bulcao (CEO) and Ryan Rusnak to tackle the toughest problems in time-critical shipping, starting with a focus on expedited logistics for critical cargo.[1][3] Bulcao, with a background in logistics tech, and Rusnak built the company from Carlsbad, California, initially proving the model through organ transports and sensitive shipments.[1][3] Early traction came in 2018-2019 with its 100th enterprise customer and $28M in Series A/B funding; resilience during COVID-19 supply chain crises led to a $38M Series C in 2020-2021, enabling Europe and APAC expansion.[3] A pivotal $70M Series D in 2022-2023, backed by investors like HarbourVest, Scale Venture Partners, Prologis Ventures, and DBL Partners, fueled global growth and sustainability initiatives.[1][3][4]
Airspace stands out in time-critical logistics through these key strengths:
Airspace rides the wave of AI-driven supply chain optimization amid surging demand for resilient, time-sensitive logistics in semiconductors, biotech, and manufacturing—exacerbated by geopolitical tensions, chip shortages, and post-COVID bottlenecks.[2][3] Its timing aligns with global semiconductor hubs like Southeast Asia, where it secures high-value packages for key players, influencing supply chain stability worldwide.[2] Market forces favoring Airspace include e-commerce urgency, life sciences growth (e.g., organ/tech transports), and sustainability mandates, positioning it as a tech enabler that reduces delays and emissions while scaling via investor-backed expansion.[1][3][4] By serving aerospace, healthcare, and high-tech, Airspace bolsters the ecosystem's efficiency, proving logistics tech can handle "mission-critical" loads others can't.[2][5]
Airspace is primed for hypergrowth as AI logistics disrupts trillion-dollar freight markets, with next steps likely including deeper APAC penetration, advanced sustainability tools, and potential IPO via pre-IPO trading platforms.[1][2][4] Trends like semiconductor reshoring, personalized medicine, and climate-focused routing will propel it, evolving its influence from niche expediter to global standard-setter for critical shipments. This builds on its origin as a problem-solver for the unshippable, delivering outsized impact in an increasingly urgent world.[3][5]
Airspace has raised $136.0M in total across 4 funding rounds.
Airspace's investors include Alumni Ventures, Anderson Angels, Andreessen Horowitz, Atlantic Bridge, Bascom Ventures, BMW i Ventures, DBL Partners, Dynamo Ventures, Family Office, Flyover Capital, Glasswing Ventures, Index Ventures.
Airspace has raised $136.0M across 4 funding rounds. Most recently, it raised $70.0M Series D in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $70.0M Series D | Alumni Ventures, Anderson Angels, Andreessen Horowitz, Atlantic Bridge, Bascom Ventures, BMW i Ventures, DBL Partners, Dynamo Ventures, Family Office, Flyover Capital, Glasswing Ventures, Index Ventures, Keshif Ventures, Khosla Ventures, Modern Venture Partners, Scale Venture Partners, SNR, Telstra Ventures, The Hit Forge, Trajectory Ventures, Marcus Bartram | |
| Jan 1, 2021 | $38.0M Series C | Andreessen Horowitz, Atlantic Bridge, BMW i Ventures, Dynamo Ventures, Flyover Capital, Glasswing Ventures, Index Ventures, Keshif Ventures, Khosla Ventures, Scale Venture Partners, SNR, Telstra Ventures, Trajectory Ventures, Marcus Bartram | |
| Nov 1, 2018 | $20.0M Series B | BMW i Ventures, Dynamo Ventures, Flyover Capital, Glasswing Ventures, MaC Venture Capital, Scale Venture Partners | |
| Aug 1, 2018 | $8.0M Series A | MaC Venture Capital |