April 24, 2026
Funding Fusion News

Visa processing startup Atlys raises $36 million in funding to scale its presence globally

  • March 16, 2026
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Visa processing startup Atlys has raised $36 million in a Sequence C funding spherical led by Susquehanna Asia Enterprise Capital, because the startup appears to be like to

Visa processing startup Atlys raises  million in funding to scale its presence globally


Visa processing startup Atlys has raised $36 million in a Sequence C funding spherical led by Susquehanna Asia Enterprise Capital, because the startup appears to be like to develop globally and deepen its use of AI within the visa utility course of.

Current buyers Elevation Capital, Lengthy Journey Ventures and Peak XV Companions participated within the spherical, whereas journey platform MakeMyTrip joined as a brand new investor.

Based in 2021 by Mohak Nahta, Atlys offers a digital platform that enables travellers to find, apply for and handle visas throughout greater than 120 locations. The startup stated the contemporary funding will assist it develop into new worldwide markets and speed up its AI roadmap.

The startup plans to combine AI throughout completely different levels of visa processing, together with doc verification, eligibility checks and real-time traveller assist.

“We’re presently on a 700,000 annual visa run fee, and as rising incomes drive a surge in world journey and cross-border experiences, the size of the chance forward is important,” stated Nahta, founder and CEO of Atlys.

“Our mission at Atlys is easy: take away the boundaries that stop folks from exploring the world. Passport energy ought to by no means decide somebody’s skill to journey.”

In line with the corporate, Atlys has processed practically 450,000 visas since its earlier funding spherical and has expanded its presence in markets such because the UAE, the US, the UK and Australia. These areas now account for practically half of its general enterprise.

Sai Araveti, funding advisor to Susquehanna Asia Enterprise Capital, stated the corporate is modernising a course of that has historically been guide and opaque.

“By automating purposes, bettering approval outcomes, and bringing transparency to timelines, Atlys is making cross-border journey considerably extra dependable,” he stated.

The newest funding additionally follows a interval of growth for the corporate. In February 2025, Atlys acquired the UK unit of visa providers agency Artionis in an all-cash deal to strengthen its European operations and develop its visa processing infrastructure.

The startup previously raised $20 million in a Sequence B spherical in September 2024 led by Peak XV Companions and Elevation Capital, with participation from DST World and Headline. It had earlier secured $12 million in a Sequence A spherical in 2023 after elevating $4.25 million in seed funding in 2021.