Blockskye raises $15.8 million in funding led by Blockchange, with participation from United Airlines Ventures and others, to expand its blockchain-based corporate travel platform. The company plans to develop new payment products, grow its global presence, and scale its internal team. Current clients include PwC, Diageo, and TripAdvisor, with reported savings such as an 84% reduction in agent spend.
Enterprise Travel Gets a Major Upgrade With Fresh Funding
Blockskye announced on July 17, 2025, that it has raised $15.8 million in a new funding round aimed at overhauling the infrastructure of corporate travel. The investment round was led by Blockchange and included participation from United Airlines Ventures, Lightspeed Faction, Lasagna, Litquidity Ventures, Longbrook Ventures, KSV Global, and TFJ Capital.
The funding will be used to accelerate Blockskye’s work in developing a modern approach to travel operations for large enterprises. The company plans to introduce new payment solutions, expand its presence globally, and increase its internal team across both technology and travel industry expertise.
Why Blockskye Attracts Major Investors
Blockskye operates in the $1.5 trillion corporate travel sector, a space long dependent on complex, outdated systems involving intermediaries and fragmented technology. The company replaces these legacy systems with blockchain-based infrastructure designed to offer direct supplier connections, real-time financial reconciliation, and improved transparency.
Investors backing the company are responding to its strategy of removing inefficiencies that have burdened the market for decades. The company’s partnerships and product design have drawn interest from stakeholders across travel and tech, including established names in corporate services and aviation.
Inside Blockskye’s Technology Stack and Products
Blockskye’s platform is built to handle booking, payment, and expense reporting in a fully integrated environment. It eliminates the opaque supply chain layers common in traditional corporate travel systems and allows companies to manage travel spending with greater precision.
Two main products define its offering:
- BMAX: Supports booking and payment processes while maintaining compliance with enterprise travel policies.
- B360: Offers full-cycle travel management, integrating with ERP systems for real-time authorization and reconciliation.
The company reports that its infrastructure helps clients cut travel costs by an average of 14.5%, with automation reducing the need for third-party travel agents and reducing error rates in reporting and reconciliation.
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How Blockskye Plans to Spend the $15.8 Million
Blockskye will deploy the funding across three main priorities:
- Development of new payment products to meet evolving client requirements.
- Global market expansion to serve multinational enterprises more effectively.
- Scaling its internal team, focusing on engineers and travel sector professionals who can support continued growth and customer success.
The investment is intended to increase the platform’s capabilities, accelerate product development timelines, and support expanded service delivery to large global organizations.
Trusted by Industry Giants
Blockskye’s existing client base includes well-known enterprise names such as PwC, Diageo, and TripAdvisor. These clients use the platform to simplify and control their corporate travel programs.
The company reports strong operational outcomes, including:
- 84% reduction in agent spend
- Millions of dollars in recovered unused tickets, thanks to real-time tracking of travel assets
These results demonstrate Blockskye’s ability to deliver cost savings while improving visibility into travel program performance.
Corporate Travel Faces a Transparency Overhaul
Brook Armstrong, co-founder and co-CEO of Blockskye, stated that corporate travel continues to rely on outdated systems that lack transparency and trust. He emphasized that the company is focused on delivering a platform that offers direct supplier relationships and financial visibility aligned with the expectations of modern enterprises.
The company’s infrastructure is designed to eliminate unnecessary layers that increase complexity and cost. Its ERP-integrated tools support real-time decision-making and remove barriers to efficient corporate travel management.
What This Means for the Future of Enterprise Travel Management
With a total of $33 million raised to date, Blockskye is expanding its reach and capacity to support large-scale clients and global travel suppliers. The latest funding round strengthens its ability to address systemic challenges in the corporate travel industry and to grow its technology platform to meet ongoing client demand.
The company continues to focus on transparency, automation, and enterprise-grade control—elements that are critical for businesses looking to modernize how they manage corporate travel.
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