Aviation data and analytics platform Portside secured $50M in Series B funding led by Insight Partners.


     


     


     


     

    Aviation data and analytics platform Portside secured $50M in Series B funding led by Insight Partners. 

    Portside intends to use the proceeds to accelerate software development, develop new products, increase the customer base, and expand team size. 


    • Portside's platform allows aviation business owners, banks, and insurance providers to access information about aircraft routes, crew schedules, maintenance, and the company's financial data. 
    • GetGoing founders Alek Vernitsky and Alek Strygin co-founded Portside.
      • BCD Travel acquired GetGoing in 2016. 
    • The funding round brings the firm's total capital raised to date to over $70M. 
    • Tiger Global led the firm's $17M venture round in March 2021. 
    • Portside's platform manages over 10,000 aircraft for 1,000 private, business, and government operators across 30 nations. 
    • The firm reportedly grew 3x over the past few years.

     

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