FlightLogger, a leading cloud-based flight school management software provider, announced it has secured an additional, significant growth investment from Arcadea Group, a permanent capital investor in high-growth VSaaS companies. This marks the second growth equity funding led by Arcadea in FlightLogger, with the first completed in 2022.
With this new funding round, FlightLogger is prepared to accelerate its product roadmap and market coverage, including groundbreaking features like an AI-driven auto-scheduling suite and advanced analytics tools, ensuring that flight academies using the software remain at the cutting edge of technology and efficiency.
KEY QUOTES:
“FlightLogger has surpassed our expectations and has an even bigger opportunity than we had originally thought. This capital will accelerate what they’re already doing so well.”
-Paul Yancich, Managing Director of Arcadea
“While competitors are driven by short-term financial targets, FlightLogger remains focused on delivering value and innovation for the long haul. Our long-term success relies on our ability to continuously add more value to flight academies. This investment allows us to accelerate our ambitious roadmap, including our soon-to-be-released AI-driven auto-scheduling suite, insights tools, and other products and enhancements.”
-Mads Larsen, CEO of FlightLogger
“Our vision for the industry is bold and ambitious. We’re thrilled to be able to add additional resources in order to execute against our customer-centric approach to growth.”
-Kenneth Jeppeson, Founder and continued equity holder of FlightLogger
