Teleport Acquisition, Valuation, Funding & Investors

Teleport was acquired by HPS Investment Partners for $550M in January 2026.

Teleport acquisition price

$550M

Acquired by HPS Investment Partners · Jan 2026

Cumulative funding Teleport raised

$50M

across 2 funding rounds

Key investors in Teleport

  • Gobi Partners

Teleport Overview

About Teleport

Teleport is the logistics arm of Capital A Berhad (AirAsia), based in Kuala Lumpur, providing asset-light, cross-border e-commerce logistics and next-day air delivery for cargo and parcels across Asia. The company serves e-commerce platforms and freight forwarders, connecting corridors such as China-Asia-Middle East through partner airline networks. Teleport has also grown through acquisitions, including DeliverEat, a Malaysian food and express delivery platform covering Penang and the Klang Valley.


Founded

2019

HQ

MalaysiaMalaysia

Status

Acquired

Customer focus

B2B

Revenue model

Services

Valuation

$550M (acquired Jan 2026)

Teleport Acquisition

Teleport was acquired by HPS Investment Partners for $550M on 22 January 2026.

Before the acquisition Teleport had raised $50M across 2 funding rounds.

Teleport acquisition details
AcquirerDateTypePrice
  • HPS Investment Partners
22 Jan 2026PE buyout$550M

Teleport Funding History

Teleport has raised a total of $50M across 2 funding rounds.

Teleport's first fundraising round was a $50M undisclosed-stage round in December 2022. The most recent completed round was a undisclosed-stage round in December 2025.

Teleport funding rounds

Teleport funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2025Undisclosed stageGobi Partners--
Dec 2022Undisclosed stage-$50MThe cloud-based infrastructure access company (headquartered in Oakland, CA) raised $110M in a Series C round in May 2022 led by Bessemer Venture Partners, achieving a $1.1B valuation. This unicorn provides open-source software for secure, identity-based access to SSH servers, Kubernetes, databases, and applications, with prior rounds including $30M Series B in August 2021. Total funding reached $169M from investors like Kleiner Perkins and Insight Partners, used for product development, team expansion to 300 employees, and global cloud rollout. Separately, a Southeast Asian logistics provider Teleport (logistics arm of Capital A Berhad/AirAsia, based in Kuala Lumpur) raised $50M in pre-IPO growth capital via Redeemable Convertible Perpetual Securities from HPS Investment Partners in January 2026, at a $500M pre-money valuation (post-money approx. $550M). This asset-light firm specializes in cross-border eCommerce logistics, next-day air delivery for cargo and parcels serving eCommerce and freight forwarders across Asia. Funds aim to expand networks with partner airlines, target corridors like China-Asia-Middle East, strengthen balance sheet ahead of IPO; total raised since 2018 ~$109M.

Who has invested in Teleport?

1 investor has backed Teleport across its funding rounds, including Gobi Partners.


Teleport Investors

Investors in Teleport by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Teleport

Teleport has acquired 1 company to date.

Last acquisition by Teleport was on August 18th 2021. Teleport acquired DeliverEat.my for $10M.


Latest Acquisitions by Teleport

DeliverEat.my
Description
DeliverEat.my is a Penang-based food delivery service founded in 2012, serving residential and office areas from 11am to 9pm daily. The platform connects customers with local restaurants for doorstep delivery of Malaysian, Chinese, and Indian cuisines via a mobile app. Operating in northern Malaysia including George Town, it manages rider fleets and provides customer support at (604) 6383394.
HQ CountryMalaysia
HQ City
Penang
Deal Date18 Aug 2021
Valuation$10M
EV/Revenue
EV/EBITDA

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Teleport Competitors

Teleport competitors include listed companies like Universal Logistics Holdings, Tegma and Kerry TJ Logistics, and private ones like Loggi, Loadshare Networks and Tristar Transport.

Public and private companies comparable to Teleport
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
LoggiBrazilSão PauloPrivate--$1.8B-
Loadshare NetworksIndiaBangalorePrivate$39M-$162M4.2x
Tristar TransportUAEDubaiPrivate-$100M$500M-
Universal Logistics HoldingsUnited StatesUnited StatesPublicly listed$1.6B$84M$476M0.8x
TegmaBrazilBrazilPublicly listed$433M$83M$466M1.1x
Kerry TJ LogisticsTaiwanTaiwanPublicly listed$403M$95M$424M-

Teleport Public Comps

Teleport is no longer listed, but its public comps include Singapore Post, Aquila Romania, Gür-Sel Turizm, Forward Air, Speedy, PostNL, Verra Mobility, Wajax, Universal Logistics Holdings and Posti Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Singapore Post$295M$79M1.9x1.8x7.0x-
Aquila Romania$643M$40M1.0x0.8x16.1x16.2x
Gür-Sel Turizm$171M$54M3.2x-10.3x-
Forward Air$2.5B$186M1.0x1.0x13.3x7.8x
Speedy$314M$66M1.7x-8.1x-
PostNL$3.8B$279M0.3x0.3x4.0x3.8x
Verra Mobility$979M$374M1.6x1.6x4.2x4.0x
Wajax$1.5B$121M0.5x0.5x6.2x5.8x

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Common questions about Teleport

When was Teleport founded?Teleport was founded in 2019.
Where is Teleport headquartered?Teleport is headquartered in Malaysia.
Is Teleport publicly listed?No, Teleport was acquired by HPS Investment Partners in January 2026.
Who acquired Teleport?Teleport was acquired by HPS Investment Partners in January 2026.
How much was Teleport acquired for?Teleport was acquired for $550M in January 2026.
How much funding has Teleport raised?Teleport has raised $50M across 2 funding rounds.
What was Teleport's last funding round?Teleport's last funding round was a undisclosed-stage round in December 2025.
Who are Teleport's investors?Teleport's investors include Gobi Partners.
Which companies are comparable to Teleport?Companies comparable to Teleport include Loggi, Loadshare Networks, Tristar Transport, Universal Logistics Holdings, Tegma and Kerry TJ Logistics.
How many companies has Teleport acquired?Teleport has acquired 1 company, including DeliverEat.my.
What was the largest acquisition by Teleport?The $10M acquisition of DeliverEat.my in August 2021 is the largest acquisition Teleport has made to date.

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