+237%

est. 2Y upside i

Series C

Airalo is the world’s first eSIM store for travelers to access over 200+ eSIMs at the most affordable, local rates from around the world, all via eSIM-compatible smartphone, tablet, or PC. Airalo offers you both connectivity and freedom - you’ll never have to carry multiple SIM cards or change your number again, no matter where you are in the world.

Rank

#28

Sector

Telecommunications

Est. Liquidity

~3Y

Data Quality

Data: High

Airalo is a strong equity opportunity: a profitable, high-growth unicorn with 89% YoY revenue growth and a $1B entry valuation.

Last updated: July 19, 2026

Bull (35%)+200%

IPO window opens and Airalo maintains category leadership, expanding multiple to 8x. Projected $1.01B revenue yields exit value of $8.08B, but bull cap limits upside to +200%.

Base (50%)+304%

Exit multiple converges to 5x, a typical high-growth SaaS level. On $1.01B revenue, exit value reaches $5.05B, delivering +304% upside.

Bear (15%)+102%

Multiple compresses to 2x due to slowing growth or competitive pressure. Exit value of $2.02B yields +102% upside, still above preference stack.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

29%

Total funding of $287M represents 28.7% of the $1B entry valuation, creating significant preference overhang.

Dilution Risk

low

Company is profitable and just raised $220M; no major capital raise expected in 2 years.

Secondary Liquidity

none

No secondary market mentioned; liquidity likely tied to IPO or acquisition.

Data — 1 role

View all 15 open roles at Airalo →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on Airalo's data — designed to show you've done your homework.

  • 1

    “How does Airalo's carrier partnership strategy differ from competitors like Holafly?”

  • 2

    “What are the key levers to maintain 40%+ growth as the base scales?”

  • 3

    “How would you think about dilution risk given the recent $220M round?”

Community

Valuation Sentiment

Our model estimates +237% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.