About AvSight
AvSight is a company based in Boone (United States) founded in 2016.. AvSight has raised $20 million across 1 funding round from investors including Arcadea Group. AvSight offers products and services including AvSight Platform, AvSight for MRO, AvSight for Sales, AvSight for Operations, and AvSight for Finance. AvSight operates in a competitive market with competitors including Jet Token, OpenJet, JetInsight, MySky and Leon Software, among others.
- Headquarter Boone, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series B
Jan 11, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of AvSight
AvSight offers a comprehensive portfolio of products and services, including AvSight Platform, AvSight for MRO, AvSight for Sales, AvSight for Operations, and AvSight for Finance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comprehensive platform for streamlining aviation tasks and operations.
Software for managing maintenance, repair, and overhaul processes.
Tools for handling aviation sales and customer interactions.
Platform for optimizing daily aviation operations and workflows.
Software for financial tracking in aviation businesses.
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Funding Insights of AvSight
AvSight has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $20.0M
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First Round
First Round
(11 Jan 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Series B - AvSight | Valuation | Arcadea Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AvSight
AvSight has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Arcadea Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Arcadea Group is involved in unspecified business activities.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AvSight
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AvSight
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Avsight Comparisons
Competitors of AvSight
AvSight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jet Token, OpenJet, JetInsight, MySky and Leon Software, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Private aviation booking and membership platform
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| domain | founded_year | HQ Location |
ERP solution offered for private jet operators' streamlining.
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| domain | founded_year | HQ Location |
On-demand aircraft marketplace and fleet management system are operated online.
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| domain | founded_year | HQ Location |
MySky is recognized as a leading spend management platform for business aviation.
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| domain | founded_year | HQ Location |
Delivers web-based software for efficient aircraft operations and management.
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| domain | founded_year | HQ Location |
Provider of web-based flight monitoring and management solution for fractionally owned aircraft
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AvSight
When was AvSight founded?
AvSight was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Where is AvSight located?
AvSight is headquartered in Boone, United States. It is registered at Boone, North Carolina, United States.
Who is the current CEO of AvSight?
Scott Loescher is the current CEO of AvSight.
Is AvSight a funded company?
AvSight is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series B of $20M, raised on Jan 11, 2023.
What does AvSight do?
AvSight was founded in 2016 and is based in Boone, United States. The company operates in the aviation sector, providing a web-based management suite built on the Salesforce platform. Services encompass inventory and lot management, transaction handling, vendor quotes, purchase and repair orders, MRO tracking, maintenance repairs, resource scheduling, reporting, operations administration, and shipping management.
Who are the top competitors of AvSight?
What products or services does AvSight offer?
AvSight offers AvSight Platform, AvSight for MRO, AvSight for Sales, AvSight for Operations, and AvSight for Finance.
Who are AvSight's investors?
AvSight has 1 investor. Key investors include Arcadea Group.