Austin-based ClearJet, an AI-enabled logistics platform that connects shippers with unused cargo capacity on commercial flights, raised $25 million in Series B 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 also participated, alongside earlier backers Sky VC (formerly JetBlue Ventures) and Tandem Ventures.
ClearJet's asset-light model avoids building its own fleet; instead, it uses spare capacity on flights already traveling between U.S. cities, which it says can cut shipping costs by as much as 35% while speeding deliveries by one to three days. The company has built a network spanning 95 U.S. airports, partnered with major airlines (United, Delta, Southwest, American, JetBlue), and now moves over 30 million packages annually. One large retailer achieved a reduction from seven-day to five-day delivery times and $35 million in annual cost savings using ClearJet.
The startup is now profitable with revenue more than tripling year over year and approaching nine figures in top-line revenue. The market opportunity remains substantial: ClearJet handles less than 2% of the roughly 1.8 billion U.S. parcels it considers eligible for air transport. Global supply chain and logistics funding has reached $8.4 billion in 2026 to date, signaling investor appetite for alternatives to traditional parcel carriers.