Blockskye, the global travel infrastructure company modernizing enterprise travel, today announced the closing of a $15.8 million funding round. The round was led by Blockchange and saw participation from United Airlines Ventures, Lightspeed Faction, Lasagna, Litquidity Ventures, Longbrook Ventures, KSV Global, and TFJ Capital. This financing advances Blockskye’s mission to revolutionize corporate travel and will enable the company to launch new payment products, expand into more international markets, and scale its internal team of technology experts and seasoned travel industry veterans.
Blockskye is transforming the $1.5 trillion corporate travel industry by replacing legacy, intermediary-dependent tech stacks with modern blockchain-based architecture. The company, who is partnered with travel titan KAYAK for Business, features an integrated platform that eliminates the opaque supply chain that has long plagued corporate travel, enabling users to reduce total travel costs by 14.5% while maintaining full transparency and control. Through its modern infrastructure layer and consumer-grade user interface, Blockskye automates booking, payment, and expense reporting with their flagship products BMAX and B360. Unlike traditional solutions that address singular pieces of the travel puzzle, Blockskye provides end-to-end service while giving clients clarity and control. The company has already earned the trust of leading enterprise clients including PwC, Diageo, and TripAdvisor, demonstrating the market need for streamlined travel management solutions.