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'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.
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:
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.