Airportr, an app-enabled service that allows airline passengers to check-in bags from home and travel to and through the airport without their baggage, has raised £5.3m in Series A funding.
Investors in the round include Stobart Group, Hargreave Hale, VCT’s and Force Over Mass Capital.
The news comes after a “significant period of growth” for the London-based firm, which will use the newly secured funds to increase investment and development across the business.
Airportr will seek to continue developing relationships with airlines expand to new locations and release a series of product initiatives to compliment its current offering.
Randel Darby, the CEO, commented: “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,” he concluded.
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