Blockskye Raises $15.8M to Transform Corporate Travel Tech

Blockchain travel tech provider Blockskye has secured $15.8 million in fresh funding to accelerate the modernization of corporate travel management. The round was led by Blockchange and included strategic backing from United Airlines Ventures, Litquidity Ventures, Lightspeed Faction, Lasagna, Longbrook Ventures, KSV Global, and TFJ Capital, bringing Blockskye’s total funding to $33 million.

A 2024 PhocusWire Hot 25 Travel Startup, Blockskye is working to eliminate legacy infrastructure and intermediaries in the corporate travel ecosystem. The company offers a blockchain-powered, end-to-end solution in partnership with Kayak, streamlining booking, payments, and expense reconciliation through its BMAX and B360 products launched earlier this year.

“Corporate travel represents one of the last elements of enterprise operations still relying on outdated, intermediary-heavy infrastructure that lacks basic trust and transparency,” said Brook Armstrong, co-founder and co-CEO. “This funding will enable us to continue building a platform that delivers the direct supplier connections, real-time reconciliation and financial transparency that modern enterprises demand.”

Blockskye plans to use the new capital to roll out advanced payment products, enhance its tech stack, scale its internal team, and grow its global footprint. The company has attracted major clients such as TripAdvisor, PwC, and Diageo, and is positioning itself as a key player in the shift toward digital-first corporate travel solutions.

With selective client onboarding since late 2024 and recent leadership updates, Blockskye is poised for significant growth in 2025.

Tags: phocuswire, SyndicEx250727B

Blockskye Raises $15.8M to Transform Corporate Travel Tech

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