Visa processing startup Atlys recently closed a successful Series C funding round, raising $36 million. The funding was led by Susquehanna Asia Venture Capital, with participation from existing investors such as Elevation Capital, Long Journey Ventures, and Peak XV Partners. Travel platform MakeMyTrip also joined as a new investor in this round.
Atlys plans to use the capital to expand into new international markets and further develop its AI capabilities. The company aims to leverage AI technology for various aspects of the visa process, including document verification, eligibility checks, and traveler support.
Founded in 2021 by Mohak Nahta, Atlys offers a digital platform that enables travelers to explore, apply for, and manage visas across over 120 destinations. Since its previous funding round, the startup has processed nearly 450,000 visas and has significantly grown its presence in key global markets like the UAE, the US, the UK, and Australia. These international markets now account for almost half of the company’s total business.
Atlys has experienced remarkable growth, currently operating at an annual visa run rate exceeding 700,000 applications. The acquisition of the UK unit of visa services firm Artionis in February 2025 further strengthened Atlys’ position in Europe and bolstered its visa processing infrastructure.
With this recent funding injection and strategic expansion, Atlys is poised to establish a comprehensive global digital visa platform for international travelers.
Source: Entrackr : Latest Posts