Edison Partners led the raise, which brings the Austin-based startup's total funding to $40 million since its 2022 inception. Returning backers Venture53, Origin Ventures, SaltVC and SpringTime Ventures also participated in the round. ClearJet's earlier investors include Sky VC, formerly JetBlue Ventures, and Tandem Ventures. ClearJet's model is straightforward. Rather than build its own fleet of planes or trucks, it connects shippers with unused cargo capacity on commercial flights already traveling between U.S. cities to move e-commerce packages around the U.S. Customers include major multibillion-dollar retailers, e-commerce platforms, 3PLs and marketplaces. In just three years, the startup has built what founder and CEO Chris Guggenheim calls a 'super carrier,' a network that now spans 95 U.S. airports and connects retailers with major U.S. airlines and multiple final-mile delivery providers. This network gives retailers a way to ship packages so that they travel directly...
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