ClearJet is looking to change how packages move across the United States by making better use of cargo space on commercial passenger flights. The Austin, Texas-based logistics company has raised $25 million in growth equity, giving it fresh capital to expand its parcel delivery network and invest further in its logistics technology. The funding round was led by Edison Partners.
The latest investment brings ClearJet’s total capital raised to more than $40 million since the company was founded in 2022, according to the company and its investors. ClearJet plans to use the new funding to expand its network and continue developing its logistics platform.
Edison Partners Leads the Funding Round
Edison Partners led ClearJet’s latest growth investment. Returning investors Venture53, Origin Ventures, Salt VC, and SpringTime Ventures also participated in the round.
ClearJet’s investor base also includes early backers Sky VC, formerly JetBlue Ventures, and Tandem Ventures. The new funding gives the company additional resources as it works to expand its logistics infrastructure and serve more shippers. While Crunchbase News described the transaction as a $25 million Series B, ClearJet and Edison Partners officially describe it as a $25 million growth equity investment. For that reason, the company and investor description is the more conservative wording for this report.
ClearJet Uses Existing Airline Capacity
ClearJet’s business model focuses on a simple idea: use cargo capacity that already exists on commercial passenger flights to move packages. Instead of building and operating its own aircraft network, ClearJet connects shippers with available capacity on commercial flights. Its platform then helps coordinate the movement of parcels through airlines, airports, and delivery partners.
The company describes this system as its SuperCarrier network, a carrier-agnostic logistics infrastructure designed to help brands, e-commerce shippers and third-party logistics providers manage parcel transportation. This approach allows ClearJet to work with existing transportation infrastructure rather than requiring customers to build their own air cargo networks.
Network Covers 95 U.S. Airports
ClearJet has expanded its network to 95 U.S. airports, giving the company a growing footprint for moving parcels between different parts of the country. It serves brands, e-commerce shippers, marketplaces and third-party logistics providers.
The company says it currently moves more than 30 million packages annually. ClearJet also reports that its delivery volume and revenue are each growing at about 2.5 times annually. These figures are company-reported metrics rather than independently audited results. ClearJet says its logistics platform is profitable and uses artificial intelligence to help manage shipping operations. The company aims to give retailers more flexibility when choosing how packages move through their delivery networks.
Focus on Faster and More Efficient Deliveries
Shipping speed and cost remain important issues for retailers and e-commerce businesses. ClearJet is targeting both areas through its use of commercial airline capacity.
The company’s Air Zone Skip service moves consolidated parcels by air toward their destination region before handing them to local delivery networks. ClearJet says this model can reduce shipping costs by up to 35% and make deliveries one to three days faster. Those figures are claims made by ClearJet and should not be treated as independently verified performance results.
The company’s platform is designed to coordinate different parts of the parcel journey, allowing shippers to use a combination of transportation and delivery providers instead of relying on a single carrier for every shipment.
New Funding Supports Further Expansion
The latest investment comes as ClearJet moves into its next phase of growth. Edison Partners said its investment reflects confidence in ClearJet’s logistics model, technology, and ability to serve enterprise customers.
ClearJet CEO and founder Chris Guggenheim has positioned the company’s platform as an alternative way for retailers and other shippers to build parcel networks. The company intends to continue working with national and regional delivery providers rather than replacing the existing delivery system.
With $25 million in new growth capital, a network covering 95 U.S. airports and more than 30 million packages moving through its system each year, ClearJet is now focused on scaling its operations. The company will also continue investing in its technology as it works to make commercial airline capacity a larger part of the U.S. parcel delivery infrastructure. The funding gives ClearJet an opportunity to expand its network while pursuing its broader goal of making parcel transportation faster, more flexible, and more efficient for retailers and e-commerce businesses.
