Portside, Inc., a San Francisco CA-Based provider of cloud-based software solutions for the business of aviation industry, raised $17M in funding.
The round was led by Tiger Global Management, with participation from I2BF Global Ventures and Soma Capital.
The company intends to use the funds to accelerate investment in product innovation, support further engagement with large enterprise customers, and grow its global engineering and customer success teams.
Led by Alek Vernitsky, co-founder and CEO, Alek Strygin, co-founder and COO, Portside provides a cloud-based data platform that enables business aviation companies and flight departments to deploy one system that combines critical flight operations, crew and staff scheduling, expense management, maintenance, financial and budgeting data while enabling operators to streamline their workflows, optimize operations, and make informed financial, operational and customer support decisions on the fly.
The platform supports private, managed, fractional and government fleet operators, and integrates with existing flight operations and accounting systems. of Portside. “We are now well positioned to expand our product suite to respond to customer demand for integrated end-to-end operational and financial solutions.
FinSMEs
21/05/2021