What is SkySelect?
SkySelect Inc. is a U.S.-based enterprise software company that provides AI-powered procurement and supply chain solutions for the aviation industry. The companys flagship product is an algorithmic purchasing platform that automates the sourcing, ordering, and tracking of aircraft parts for airlines, maintenance, repair, and overhaul (MRO) organizations, and suppliers. By replacing manual procurement processes often driven by emails and spreadsheets with a datadriven, cloudbased system, SkySelect helps aviation customers increase efficiency, improve supply chain visibility, and reduce operating costs. The company is positioned to address critical pain points in a sector demanding greater precision and cost-effectiveness.
How much funding has SkySelect raised?
SkySelect has raised a total of $9M across 1 funding round:
Unspecified
$9M
Unspecified (2026): $9M with participation from Verb Ventures, Bain Capital Ventures, SmartCap, Lux Capital, and The Rock Creek Group
Key Investors in SkySelect
Verb Ventures
Verb Ventures is an alternative investment fund manager based in Luxembourg, focused on supporting action-takers who are modernizing global trade. They aim to invest in innovative businesses that are transforming the landscape of international commerce.
Bain Capital Ventures
Bain Capital Ventures LLC is the venture capital division within Bain Capital, managing significant committed capital and investing in early-stage and growth-stage companies across various sectors.
SmartCap
SmartCap is an investment arm of the Estonian Development Fund managing early stage venture funds and investing into innovative and ambitious Estonian technology companies.
What's next for SkySelect?
With this substantial infusion of capital, SkySelect is poised for accelerated growth and further development of its AI-driven procurement platform. The major enterprise-level funding suggests a strategic focus on scaling operations, expanding market reach within the global aviation sector, and potentially enhancing its technological capabilities. Investors backing SkySelect are likely anticipating significant returns as the company continues to optimize supply chain management for airlines and MROs, driving down costs and improving operational resilience in an increasingly complex industry. Future developments may include deeper integration with existing aviation IT systems and broader adoption of its algorithmic purchasing solutions.
See full SkySelect company page
