Aircraft records platform Bluetail received a $2.2 million Series A investment in a round led by Arizona-based venture capital fund AZ-VC. This investment comes as Phoenix-based Bluetail saw triple-digit growth and more than $600 million in aircraft records managed in 2022. The company's customer base grew across private, corporate, and charter operators, it reported.
Bluetail plans to use the cash infusion to expand its market presence, introduce products, and further the automation of its SaaS platform.
“Despite the wildfire spread of software during the 21st century, some pen-and-paper industries are still absent of modern solutions, private aviation included,” said AZ-VC’s Jason Pressman. “Bluetail is redefining aviation records management with a cloud platform that is a true 10x solution. We are eager to support the founder's ascension as they bring innovative solutions to an industry that is primed for disruption.”
The investment follows a previous $2.1 million round from Brookstone VC and angel investors.
“We are proud that AZ-VC has recognized the value of our significant market growth, expansion of the aircraft records software category, and our unlimited potential as the business aviation industry continues to see the ROI benefits of our platform and digital scanning services,” said Bluetail CEO Roberto Guerrieri.