AireXpert – a leading provider of aerospace and aviation collaboration and automation solutions – recently announced the successful closure of a $3 million oversubscribed investment round. Miami-based growth equity firm Reformation Partners led this funding round, marking a significant milestone for AireXpert as it continues redefining the technology landscape for airlines and MRO (Maintenance, Repair & Overhaul) organizations.
This funding round is crucial as aircraft operators and MRO organizations pivot towards technology to address their pressing challenges. And AireXpert is poised to capitalize on this shift, with Maintenance and Finance leadership teams now actively guiding development and integration roadmaps.
The funding round will enable AireXpert to enhance its team further, accelerating expansion into key markets. Launch New York – the state’s most active seed fund – has been a steadfast supporter and investor in AireXpert, pivotal in facilitating connections with Reformation Partners.
KEY QUOTES:
“2023 has been an amazing year. We’ve forged partnerships with some of the world’s most respected airline brands and MROs. As the industry increasingly embraces technology-driven solutions, we are excited to deliver an entirely new experience that provides real-world value from day one.”
“David Rogg and his team at Reformation Partners bring a wealth of individual backgrounds, a vast network, and extensive experience to the partnership.”
“Their collaboration with AireXpert’s domain expertise and vision creates a powerful synergy that positions the company for sustained growth in the sector.”
- Andy Hakes, Founder & CEO of AireXpert
“Andy and his team have incredible domain expertise and have built a mission-critical system that saves its airline and MRO customers significant time and cost during maintenance events. We are excited to support the next phase of growth for the company as it continues to build-out its already strong roster of airline and MRO partners and adds more valuable features to its platform.”
- David Rogg, Managing Partner of Reformation
