About SkySelect
SkySelect is a company based in San Francisco (United States) founded in 2011 by Rain Opik, Soufiane Houri, and Erkki Brakmann.. SkySelect has raised $9 million across 1 funding round from investors including Verb Ventures, The Rock Creek Group and SmartCap. The company has 16 employees as of September 30, 2024. SkySelect offers products and services including AI Platform, Supplier Portal, and Plans. SkySelect operates in a competitive market with competitors including Coupa, Airbase, Ivalua, LogicSource and Tradeshift, among others.
- Headquarter San Francisco, United States
- Employees 16 as on 30 Sep, 2024
- Founders Rain Opik, Soufiane Houri, Erkki Brakmann
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Sectors
RetailTechnology Aerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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- Legal Name Skyselect, Inc.
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Annual Revenue
$1.84 M (USD)-3as on Dec 31, 2023
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Net Profit
$38.19 K (USD)25as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$9 M (USD)
in 1 rounds
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Latest Funding Round
$9 M (USD), Series A
Mar 12, 2026
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Investors
Verb Ventures
& 5 more
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Employee Count
16
as on Sep 30, 2024
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Products & Services of SkySelect
SkySelect offers a comprehensive portfolio of products and services, including AI Platform, Supplier Portal, and Plans. 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.
Automates sourcing and purchasing of aircraft parts for efficiency
Facilitates supplier interactions and quote tracking for procurement
Offers tailored procurement strategies for airlines and MROs
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Funding Insights of SkySelect
SkySelect has successfully raised a total of $9M through 1 strategic funding round. The most recent funding activity was a Series A round of $9 million completed in March 2026. 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 A — $9.0M
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First Round
First Round
(12 Mar 2026)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2026 | Amount | Series A - SkySelect | Valuation | Verb Ventures , The Rock Creek Group |
| 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 SkySelect
SkySelect has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Verb Ventures, The Rock Creek Group and SmartCap. 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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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 SkySelect
| 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 - SkySelect
| 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 |
Skyselect Comparisons
Competitors of SkySelect
SkySelect 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 Coupa, Airbase, Ivalua, LogicSource and Tradeshift, 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 |
Cloud-based end-to-end spend management software is delivered for businesses.
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Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Procurement management solutions are delivered for business operations.
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| domain | founded_year | HQ Location |
Cloud-based sourcing and procurement solutions are provided for multiple industries.
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| domain | founded_year | HQ Location |
Cloud-based source-to-pay management solutions are provided for businesses.
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AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
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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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On-demand services are booked through an app-based platform.
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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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Latest news on Skyselect
Frequently Asked Questions about SkySelect
When was SkySelect founded?
SkySelect was founded in 2011 and raised its 1st funding round 15 years after it was founded.
Where is SkySelect located?
SkySelect is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of SkySelect?
Erkki Brakmann is the current CEO of SkySelect. They have also founded this company.
Is SkySelect a funded company?
SkySelect is a funded company, having raised a total of $9M across 1 funding round to date. The company's 1st funding round was a Series A of $9M, raised on Mar 12, 2026.
How many employees does SkySelect have?
As of Sep 30, 2024, the latest employee count at SkySelect is 16.
What is the annual revenue of SkySelect?
Annual revenue of SkySelect is $1.84M as on Dec 31, 2023.
What does SkySelect do?
SkySelect was founded in 2011 in San Francisco, United States, as a provider of software solutions in the aviation sector. Real-time interactions between buyers and suppliers are facilitated, along with time savings in collecting and comparing quotes. Information and documents are exchanged securely via 128-bit SSL encryption. Access is enabled from any browser, phone, or tablet.
Who are the top competitors of SkySelect?
What products or services does SkySelect offer?
SkySelect offers AI Platform, Supplier Portal, and Plans.
Who are SkySelect's investors?
SkySelect has 6 investors. Key investors include Verb Ventures, The Rock Creek Group, SmartCap, NextGenerationEU, and Bain Capital Ventures.