What is ePlaneAI?
Founded in 2016 and headquartered in Limassol, Cyprus, ePlaneAI operates as a specialized eCommerce platform tailored for the aerospace sector. The company functions as a digital bridge, connecting buyers and sellers of aviation parts and services across international borders. By streamlining the traditionally fragmented procurement landscape, ePlaneAI provides a centralized hub that enhances transparency, reduces lead times, and optimizes inventory management for airlines, maintenance, repair, and overhaul (MRO) providers, and parts suppliers. Its market position is defined by its ability to leverage data-driven insights to facilitate complex B2B transactions in a highly regulated industry.
How much funding has ePlaneAI raised?
ePlaneAI has raised a total of $10M across 2 funding rounds:
Unspecified
$9M
Angel/Seed
$1M
Unspecified (2020): $9M, investors not publicly disclosed
Angel/Seed (2021): $1M led by Farid Ahsan, Centre for Innovation, Incubation and Entrepreneurship, FirstCheque.vc, Java Capital, and Speciale Invest
Key Investors in ePlaneAI
Speciale Invest
A venture capital firm focused on deep-tech and industrial innovation, providing strategic support to early-stage companies disrupting traditional sectors.
Java Capital
An investment firm that partners with high-growth startups, offering both financial backing and operational expertise to scale technology-driven businesses.
Centre for Innovation, Incubation and Entrepreneurship
A prominent incubator and investment entity that fosters innovation by supporting ventures with significant potential for market disruption and social impact.
What's next for ePlaneAI?
With the recent influx of capital, ePlaneAI is expected to prioritize the enhancement of its platform's algorithmic matching capabilities and the expansion of its global vendor network. The strategic focus will likely shift toward deepening its integration with enterprise resource planning (ERP) systems used by major aviation players, thereby cementing its role as an indispensable utility in the aerospace supply chain. As the industry continues to embrace digital transformation, the company is poised to capture additional market share by addressing the persistent inefficiencies in global aviation logistics. Future growth will likely be characterized by increased investment in user experience and the scaling of its cross-border transaction capabilities to meet the rising demand for agile, real-time procurement solutions.
See full ePlaneAI company page