Thursday, May 20, 2021

Portside Raises $ 17 Million for its Business Aviation Management Platform.

[Image: portside-raises-17m-for-its-business-avi...atform.jpg]


Portside, an aviation startup that is building a platform for corporate aviation division backend management, government charter services and fractional ownership operations, announced today. It said it raised a &36; 17 million round led by Tiger Global Management with participation from former investors I2BF Global Ventures and SOMA Capital.The idea behind Portside, founded in 2018, is to help business aviation companies and aviation departments manage everything from flight operations to maintenance, crew and employee schedules,

crew and employee slotxo ผ่านเว็บ expenses, and information. Finances to help them do more. Efficiency Basically everything you need to manage your aviation department in one solution. But also integrates with almost all existing scheduling, accounting, expense management, and maintenance tools that the aviation department or fractional ownership operations typically use today.While the COVID epidemic halted most personal aviation early on, the market was rapidly recovering.Portside said it saw nearly 300 percent more revenue in 2020 and added more than 50 aircraft carriers in many.

Country to the user base.The new funding will be used to accelerate our investments in product innovation, support engagement with large corporate clients, and expand our engineering teams and global customer success," said Alek Vernitsky, co-founder and CEO of "We are grateful for the strong support we have received from both our current and new investors in this round. Digital transformation in the cloud of the global aviation industry Portside isn't alone in this marketplace. For example,

companies like Fl3xx offer similar solutions for the aviation department and at the bottom,tools like Flight Circle offer some of these features for common aviation clubs and. Affiliate Portside has made rapid strides since its inception and is entering the next phase of achieving its vision of being the undisputed leader in cloud-based solutions for business aviation," said John Curtius, partner at Tiger Global Management. “In our view, Portside represents the future of the industry, and we are delighted to partner with a company that we believe will continue to create significant value over the years to come.

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