Funding Round to be Leveraged as Blockskye Introduces New Payment Products and Expands its Global Presence to Meet Client Demand

BOSTON, July 17, 2025 /PRNewswire/ — 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.

“Corporate travel represents one of the last elements of enterprise operations still relying on outdated, intermediary-heavy infrastructure that lacks basic trust and transparency,” said Brook Armstrong, co-founder and co-CEO of Blockskye. “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—finally bringing corporate travel management into the digital age.”

With $33 million raised to date, Blockskye is well-positioned to scale and drive sustainable growth. This latest funding will accelerate Blockskye’s momentum in serving Fortune 500 clients and global suppliers. Blockskye is set to expand its proven technology, which already delivers meaningful results including an 84% reduction in agent spend and millions of dollars in recovered unused tickets through real-time ownership tracking. The funding will also support global expansion and grow the Blockskye team, fueling customer success.

About Blockskye
Blockskye introduces trust, transparency, and technology in a market that has lacked all three. Corporate travel is a $1.5 trillion industry riddled with non-value-add intermediaries that tax the market—adding layers of cost, complexity, and opacity. Blockskye replaces legacy booking, payment, and expense systems with modern, blockchain-based infrastructure that enables real direct supplier connections, real-time reconciliation, and ERP-integrated authorization flows.

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