The tech start-up, which has developed an app allowing airline passengers to check-in bags from home, will use the funding to increase its number of airline partners.
Airportr has closed a £5.3m funding round which included investment from Stobart Group, Hargreave Hale VCT’s and Force Over Mass Capital.
The investment follows a year in which the business has seen rapid growth of adoption for its home bag check-in service with global partner British Airways, and more recently the addition of American Airlines to the service platform, initially for flights departing London.
This progress has seen Airportr repeatedly recognised as a powerful emerging technology in aviation, creating an integrated and seamless experience for the passenger, from doorstep to plane door, while providing handling and operating efficiencies to airlines and airports.
The company will use the funding to increase its work with existing and new airline partners, expand into new locations, and to introduce new product initiatives such as automated handling, routing, tracking and delivery of baggage.
Randel Darby, CEO, said: “We have made significant changes in the last year, to focus on the B2B2C airline model. Meanwhile we have brought our London logistics in-house, which, together with our increase in volumes has propelled our delivery activities to positive margins by the end of our first year.
“We’re working on exciting plans with our airline and airport partners to demonstrate the significant operational benefits of city check-in services in helping to distribute and manage capacity at peak times, presenting a viable and flexible alternative to spending on infrastructure.”
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