What is SkySelect?
SkySelect Inc. is a U.S.-based enterprise software company specializing in AI-powered procurement and supply chain solutions tailored for the aviation industry. Its core offering is an algorithmic purchasing platform designed to streamline the sourcing, ordering, and tracking of aircraft parts. This cloud-based system replaces traditional manual processes, such as those reliant on emails and spreadsheets, with a data-driven approach. By enhancing efficiency, improving supply chain visibility, and reducing operational expenditures, SkySelect empowers airlines, MRO organizations, and suppliers to optimize their procurement operations.
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 Bain Capital Ventures, Lux Capital, The Rock Creek Group, SmartCap, and Verb Ventures
Key Investors in SkySelect
Bain Capital Ventures
Bain Capital Ventures LLC is the venture capital division within Bain Capital, known for its early-stage investments in technology companies and managing substantial committed capital across multiple offices.
Lux Capital
Lux Capital is a New York-based venture capital firm that invests in early-stage and growth-stage companies at the intersection of science and technology, focusing on frontier areas like AI, robotics, and biotechnology.
The Rock Creek Group
RockCreek is a global investment firm focused on integrating innovation into investment strategies to promote sustainability, offering services like Outsourced Chief Investment Officer (OCIO) solutions to institutional investors.
What's next for SkySelect?
The recent major strategic investment signals a new phase of growth and development for SkySelect. This capital is expected to fuel further innovation in its AI-powered procurement platform, potentially expanding its reach into new aviation markets or enhancing its existing capabilities. The company is well-positioned to capitalize on the increasing demand for digital transformation in the aviation supply chain, aiming to solidify its leadership in providing advanced, data-driven solutions that reduce costs and improve operational efficiencies for its clientele.
See full SkySelect company page
