How Much Did Illuminair Support Raise?
Funding & Key Investors

Illuminair Support, a prominent US FAA 145 and EASA approved repair station, has secured significant capital, with its total funding reaching $360K. The company recently closed a major strategic investment round, bringing in $210K in new financing. This latest capital infusion underscores the company's robust position in the aviation maintenance, repair, and overhaul (MRO) sector and its potential for further expansion.

What is Illuminair Support?

Illuminair Support
TransportationAirlines, Airports & Air ServicesConsumer Services

Illuminair Support Corporation specializes in the comprehensive repair of electronic, electro-mechanical, hydraulics, Integrated Drive Generators (IDGs), and pneumatics for the aviation industry. Based in Miami, Florida, the company leverages over a century of combined expertise among its technicians to deliver swift turnaround times and superior service quality. Their service portfolio includes detailed testing, repair, and overhauling of aircraft accessories, complemented by round-the-clock AOG (Aircraft on Ground) support. Illuminair Support caters to both commercial and military aircraft operators seeking dependable and efficient maintenance solutions, positioning itself as a critical player in the aviation MRO ecosystem.

How much funding has Illuminair Support raised?

Illuminair Support has raised a total of $360K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$210K

Debt (2020): $150K with participation from PPP

Debt (2021): $210K led by PPP

Key Investors in Illuminair Support

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Illuminair Support?

With the recent influx of $210K in a large-scale, late-stage funding round, Illuminair Support is strategically positioned for accelerated growth and operational enhancement. This significant backing suggests a focus on scaling its repair capabilities, potentially expanding its service offerings, or investing in advanced technologies to maintain its competitive edge. The company's commitment to high-quality service and its established reputation in the aviation MRO market, combined with this substantial investment, indicates a trajectory towards solidifying its market leadership and exploring new avenues for development within the aerospace sector.

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Frequently Asked Questions Regarding Illuminair Support Financial Insights

What are the most recent funding rounds that Illuminair Support has completed, and what were the funding rounds?
Illuminair Support has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Illuminair Support has raised to date?
Illuminair Support has raised a total of $360K in funding to date.
How many funding rounds has Illuminair Support completed?
Illuminair Support has completed 2 funding rounds.
How much funding did Illuminair Support raise in its most recent funding round?
Illuminair Support raised $210K in its most recent funding round.
Who are the lead investors in Illuminair Support's latest funding round?
The lead investor in Illuminair Support's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Illuminair Support's history?
The largest funding round in Illuminair Support's history was $210K.
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