Transforming Aircraft Management: Our Strategic Investment in Portside


Wally Wang

March 31, 2023

At SAV(Scale Asia Ventures), we are committed to supporting innovative companies that are poised to create transformative change within their industries. We are delighted to announce our investment in Portside, a trailblazing company revolutionizing aircraft management with its comprehensive and data-driven platform.

Founded in 2016, Portside is a state-of-the-art aircraft management platform that simplifies and modernizes the aircraft ownership experience for owners, operators, and service providers. By offering a centralized, cloud-based solution that seamlessly integrates with existing systems, Portside streamlines complex processes and provides valuable insights to improve operational efficiency, financial performance, and customer satisfaction.

Portside's platform is designed to address the unique challenges faced by aircraft owners, operators, and service providers, while ensuring data security and ease of use. Key features of Portside's platform include:

Portside - data, reporting & analytics for your private aircraft | Home  Page Portside - data, reporting & analytics for your private aircraft |  Home Page
  1. Financial Management: Portside offers an integrated financial management system that automates billing, invoicing, and expense tracking, allowing clients to monitor and optimize their aircraft's financial performance.
  2. Flight Operations: Portside's platform streamlines flight scheduling, crew management, and regulatory compliance, simplifying day-to-day operations and ensuring a seamless customer experience.
  3. Maintenance Tracking: Portside enables real-time tracking of aircraft maintenance, ensuring compliance with regulatory requirements and minimizing downtime.
  4. Data Analytics: Portside's advanced analytics tools provide actionable insights to optimize operations, reduce costs, and enhance customer satisfaction.
  5. Customizable Interface: The platform's modular design allows clients to tailor its features and capabilities to their unique requirements, ensuring maximum utility and flexibility.

Portside's experienced leadership team brings together expertise in aviation, technology, and business. Co-founder and CEO, Alek Vernitsky, has a strong background in finance and aviation, having previously founded and led an aircraft management company. The team also includes seasoned professionals with diverse skill sets, enabling Portside to develop innovative solutions that meet the evolving needs of the aviation industry.

The global business aviation market is expected to reach $32 billion by 2028, with a growing demand for efficient, data-driven aircraft management solutions. Portside is well-positioned to capitalize on this market opportunity by offering a cutting-edge platform that addresses the unique challenges faced by aircraft owners, operators, and service providers.

Portside raises $17M for its business aviation management platform |  TechCrunch

We believe that Portside is uniquely poised to transform the aircraft management landscape through its innovative platform and experienced team. Key reasons for our investment include:

  1. Innovative Technology: Portside's platform leverages advanced technology to streamline complex processes, improve operational efficiency, and provide actionable insights.
  2. Experienced Team: The company's leadership and advisory team have extensive experience in aviation, technology, and business, positioning them for success in the rapidly evolving aviation industry.
  3. Market Potential: With a growing business aviation market and increasing demand for data-driven management solutions, Portside has a significant opportunity to capture market share and drive innovation in the sector.
Portside - data, reporting & analytics for your private aircraft | Home  Page Portside - data, reporting & analytics for your private aircraft |  Home Page

We are excited to partner with Portside as they continue to redefine the aircraft management experience and set new standards for operational efficiency and customer satisfaction. By investing in this exceptional company, we are confident that we are supporting a transformative force in the aviation industry.

This may interest you