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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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.