About SkySquad
SkySquad is a company based in Sterling (United States) founded in 2012.. SkySquad has raised $1.15 million across 3 funding rounds from investors including TEDCO, Elevate Capital and Edco Ventures. SkySquad offers products and services including Airport Assistance and Booking Platform. SkySquad operates in a competitive market with competitors including Faye, DragonPass, Priority Pass, Flyzy and Lounge Key, among others.
- Headquarter Sterling, United States
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.15 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Jun 08, 2022
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Investors
TEDCO
& 4 more
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Employee Count
Employee Count
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Products & Services of SkySquad
SkySquad offers a comprehensive portfolio of products and services, including Airport Assistance and Booking Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides bag carrying and VIP support for stress-free airport experiences.
Enables direct online bookings for personalized airport assistance services.
Funding Insights of SkySquad
SkySquad has successfully raised a total of $1.15M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.0M
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First Round
First Round
(29 Mar 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - SkySquad | Valuation | Elevate Capital | |
| Feb, 2022 | Amount | Debt – Conventional - SkySquad | Valuation |
investors |
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| Mar, 2021 | Amount | Seed - SkySquad | Valuation | TEDCO |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SkySquad
SkySquad has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include TEDCO, Elevate Capital and Edco Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on underserved entrepreneurs is provided.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage investment opportunities are provided for female investors by Citrine Angels.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SkySquad
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SkySquad
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Skysquad Comparisons
Competitors of SkySquad
SkySquad operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Faye, DragonPass, Priority Pass, Flyzy and Lounge Key, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Travel insurance is provided through an app-based platform.
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| domain | founded_year | HQ Location |
An all-in-one digital platform for travel amenities is provided.
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| domain | founded_year | HQ Location |
Provides independent access to airport lounges for travelers worldwide.
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| domain | founded_year | HQ Location |
Online travel companion app for air travelers
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| domain | founded_year | HQ Location |
Lounge Key is an online platform enabling travelers to access airport lounges.
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| domain | founded_year | HQ Location |
Airline assistance for travelers is delivered through a mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SkySquad
When was SkySquad founded?
SkySquad was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Where is SkySquad located?
SkySquad is headquartered in Sterling, United States.
Is SkySquad a funded company?
SkySquad is a funded company, having raised a total of $1.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Mar 29, 2021.
What does SkySquad do?
Founded in 2012 in Sterling, United States, SkySquad operates as an online platform in the travel assistance sector. Passengers are registered on the platform and connected to personal assistants through text messaging. In-person meetings occur at airports, where support is provided for baggage handling and navigation throughout the terminal. Services are tailored to streamline passenger experiences during travel.
Who are the top competitors of SkySquad?
SkySquad's top competitors include Faye, DragonPass and Flyzy.
What products or services does SkySquad offer?
SkySquad offers Airport Assistance and Booking Platform.
Who are SkySquad's investors?
SkySquad has 5 investors. Key investors include TEDCO, Elevate Capital, Edco Ventures, Citrine Angels, and 1219 Capital.