Business aviation operators are often challenged with crew and aircraft shortages as they look to scale and meet the growing post-pandemic demand for air travel. With industry-wide staffing shortages, operators need to figure out how to attract pilots and other crew members — whether it be to fill full-time vacancies or add temp positions to meet urgent scheduling needs.
Inspired to build a tech-forward solution, Alek Vernitsky and Alek Strygin co-founded Portside, which allows aircraft operators to share schedules, financial and maintenance data, and other key aircraft information with owners, banks and insurance companies through a web-based portal. Portside today announced that it raised $50 million in a Series B funding round led by Insight Partners with participation from existing investors including I2BF Global Ventures, bringing the company’s total raised to more than $70 million.
Portside is Vernitsky and Strygin’s second v...
