empowerMX

Frisco, United States Founded: 1999 • Age: 27 yrs Acquired By IFS
Cloud-based maintenance management software is offered for aviation.
Annual revenue - Latest available
Total funding $4.3M 5 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About empowerMX

empowerMX is a company based in Frisco (United States) founded in 1999 was acquired by IFS in July 2024. empowerMX has raised $4.35 million across 5 funding rounds from investors including IFS and Argentum Group. empowerMX operates in a competitive market with competitors including CAMP, OpenAirlines, Flightdocs, AireXpert and WingWork, among others.

  • Headquarter Frisco, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fleetmx Aviation Solutions Inc.
Operational Areas
Technology → Aviation & Specialized Tech Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.35 M (USD)

    in 5 rounds

  • Latest Funding Round
    $3.08 M (USD), Unspecified

    Feb 25, 2020

  • Investors
    IFS

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    IFS

    (Jul 11, 2024)

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People of empowerMX

Headcount 10-50
Employee Profiles 14
Employee Profiles
People
Hugh Revie
VP, EMEA Sales
People
Myles Nichols
Chief Operating Officer
People
Don Grimm
VP of Operations
People
Dinakara Nagalla
President & CEO

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Funding Insights of empowerMX

empowerMX has successfully raised a total of $4.35M across 5 strategic funding rounds. The most recent funding activity was a Unspecified round of $3.08 million completed in February 2020. 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.

Investors in empowerMX

empowerMX has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include IFS and Argentum Group.

All
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by the private equity firm.
Locked Locked Locked
Cloud-based platform for enterprise digital asset management is provided.
Locked Locked Locked
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Investor details for empowerMX

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by empowerMX

Investments
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Investment portfolio details for empowerMX

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - empowerMX

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Detailed financials for empowerMX

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  • Profit trends
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Empowermx Comparisons

empowerMX Primary company
Description
Cloud-based maintenance management software is offered for a...
Location
Frisco, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for empowerMX

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Competitors of empowerMX

empowerMX 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 CAMP, OpenAirlines, Flightdocs, AireXpert and WingWork, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Aircraft maintenance tracking and management solutions are provided for operators.
Locked Locked Locked
Software for flight operations, crew and fleet management, and fuel saving
Locked Locked Locked
Cloud-based maintenance tracking software is offered for aviation.
Locked Locked Locked
Web-based aircraft maintenance and MRO management solutions are provided.
Locked Locked Locked
WingWork is recognized as a cloud-based aircraft maintenance platform.
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Detailed competitors of empowerMX

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Latest news on Empowermx

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Complete news archive for empowerMX

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about empowerMX

empowerMX was founded in 1999 and raised its 1st funding round 18 years after it was founded.

empowerMX is headquartered in Frisco, United States. It is registered at Frisco, Texas, United States.

empowerMX is a funded company, having raised a total of $4.35M across 5 funding rounds to date.

Founded in 1999 and headquartered in Frisco, United States, empowerMX develops FleetCycle, a cloud-based solution for aviation maintenance management. Operations encompass program management, planning, line operations, electronic logbooks, material handling, reporting, logistics, and event coordination. Variants such as FleetCycle AERO for airlines, OEM for manufacturers, DEF for defense, and MRO for maintenance providers are tailored to specific customer segments within the aviation sector.

empowerMX's top competitors include CAMP, OpenAirlines and Flightdocs.

empowerMX has 2 investors. Key investors include IFS, and Argentum Group.

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