Bluetail has closed an additional $2.2m Series A investment round led by Arizona-based venture capital fund AZ-VC.
The SaaS aircraft records platform for private aviation experienced triple-digit growth in 2022, with 600M+ in aircraft records managed, and a growing customer base of operators. Bluetail will use the additional funds to expand and scale its market presence, introduce new products and integrations, and release further automation enhancements, it said.
Jason Pressman, VC in residence, AZ-VC, said: “Despite the wildfire spread of software during the 21st century, some pen-and-paper industries are still absent of modern solutions, private aviation included. Bluetail is redefining aviation records management with a cloud platform that is a true 10x solution. We are eager to support the founder’s ascension as they bring innovative solutions to an industry that is primed for disruption.”
This latest funding comes in addition to a previously announced round of $2.1m from Brookstone VC and a number of angel investors.
Roberto Guerrieri, CEO of Bluetail, said: “We are extremely proud that AZ-VC has recognised the value of our significant market growth, expansion of the aircraft records software category, and our unlimited potential as the business aviation industry continues to see the ROI benefits of our platform and digital scanning services.”
