Portside, a San Francisco, CA-based provider of a Software-as-a-Service (SaaS) platform for the business aviation industry, raised $50M in Series B funding.
The round was led by Insight Partners, with participation from I2BF Global Ventures.
The company intends to use the funds to accelerate software development and further expand its customer base and product portfolio.
Led by CEO Alek Vernitsky, Portside is a company providing cloud-based operating system for the global business aviation industry: a set of integrated software solutions addressing major industry pain points. The platform supports over 700 business aircraft operators in over 30 countries. Its product portfolio supports a list of functions in a typical flight department’s operation, including flight and crew scheduling, dispatch and compliance, communication with aircraft owners, passengers and crew, customizable sharing of operational, financial, crew, and maintenance data with various stakeholders, reporting and analytics, customer billing, crew recruiting, and the booking of crew accommodations.
Customers includes Airshare, Jet Aviation, Priester and Wheels Up.
FinSMEs
01/02/2023