ClearJet, an AI-driven logistics startup based in Austin, has successfully raised a $25 million Series B funding round led by Edison Partners, bringing its total funding to $40 million since its launch in 2022. This innovative company connects shippers with unused cargo space on commercial passenger flights within the U.S., providing a cost-effective and faster alternative for e-commerce package deliveries. ClearJet’s network spans 95 airports and partners with major airlines and last-mile delivery services, allowing packages to bypass traditional parcel carrier routes. Founder and CEO Chris Guggenheim describes the company as a ‘super carrier,’ cutting shipping costs by up to 35% and reducing delivery times by one to three days. The startup is profitable, with revenue tripling annually and aiming for nine-figure top-line revenue. ClearJet’s AI technology optimizes parcel routing and handles operational logistics, with plans to expand into returns, international shipping, and improved consumer tracking experiences. Investors are confident in its unique asset-light model and aviation infrastructure platform that challenges conventional supply chain methods.
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