Portside raises $17M in series A

Accelerating our aviation technology development

We are thrilled to announce the completion of a $17 million Series A capital raise led by Tiger Global Management and Dragoneer Investment Group, with participation from existing investors including I2BF Global Ventures and SOMA Capital.

“We appreciate the strong support that we have received from both our existing and new investors in this round. We’ll use the new capital to accelerate investment in product innovation; support further engagement with large enterprise customers; and grow our global team.” Alek Vernitsky, co-founder & CEO of Portside.

The Portside team is committed to delivering the most innovative solutions for the aviation community and we are excited with all of the new possibilities ahead for us and our customers. The first step in joining the journey is understanding the options between our core product and enterprise development. Connect with us to learn more.

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About Portside

product video

Portside is an aviation technology company building solutions for the business aviation community. We have made a product that leverages your exiting software, automates the most time consuming parts of an operation, maximizes your owner support and gives companies the tools to accelerate their capabilities. We currently support over 150 aircraft operators in 25 countries through our offices in San Francisco, Houston, London, Hong Kong and Sao Paulo. Customers range from single aircraft owner-operators to charter companies with 100+ aircraft, from Fortune 500 companies to industrial and med-evac fleets.

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News

May 13, 2021

Portside - The Power of Integration

Every aviation business utilizes a different combination of technology solutions, and the data from those solutions have not have a single place to call home until Portside.

Keep the systems you use today

We work and integrate with the vast majority of technologies used in business aviation, and our architecture is flexible enough to work with everything from in-house customized platforms to basic Excel files. Portside adapts to the customer, we don't ask the customer to adapt to us.

To see more of our integrations click here.

See the value

When you centralize your raw data with Portside, you can start putting it to work for you:

- Reduce your manual processes

- Increase your support and operational capacity

- Reduce errors in your data management

- Increase your data quality

- Reduce the time invested in deciphering raw data

- Increase commercial and operational insights with intelligence

- Reduce login fatigue

- Increase your productivity

How it works

Basically, Portside is a data train station receiving new material on a regular schedule from many different places.

What's next

No matter what your current technology setup is, Portside has the ability to centralize your data and turn it into intelligence. From there we can create permission based, customized owner portals. We can automated your month end reporting and billing. We can build intelligence dashboards. We can build optimizers.

We can help you improve your existing customer offering, scale your operational capacity and accelerate your business.

Every solution we deliver is tailored to the customer. Reach out to lean more about what we can do for you.

Connect with Portside

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General questions

sales@portside.co