AeroCRS - About the company
AeroCRS is an acquired company based in Tel Aviv (Israel), founded in 2004. It operates as a Cloud based sales and marketing suite for aviation industry. AeroCRS has raised $284K in funding. The company has 188 active competitors, including 19 funded and 32 that have exited. Its top competitors include companies like Gogo, Travelport and Verteil.
Company Details
AeroCRS provides cloud-based passenger service system(PSS) for the aviation industry. It provides features like reservation management, Customer Relationship Management (CRM), agents management system, Content Management System (CMS), E-commerce, Business Intelligence, Flight Information Display (FID), Check-in and Gate control, Accounting, Loyalty Program. Subscription based revenue model. Notable customers are AB aviation, Aero Mongolia, Aero VIP, AeroLink Uganda, Aeronavm Air Excel, Golden Myanmar, FlyViking, Skybus, Skyward express, Sky Pasada and others.
- Website
- aerocrs.com
- Email ID
- *****@aerocrs.com
Key Metrics
Founded Year
2004
Location
Tel Aviv, Israel
Stage
Acquired
Total Funding
$284K in 2 rounds
Latest Funding Round
Investors
Ranked
31st among 188 active competitors
Employee Count
19 as on Jul 01, 2024
Exit Details
Acquired by 777 Partners (Jul 01, 2022)
AeroCRS's acquisition details
AeroCRS got acquired by 777 Partners on Jul 01, 2022.
Click here to take a look at AeroCRS's acquisition in detail
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AeroCRS's funding and investors
AeroCRS has raised a total funding of $284K over 2 rounds. Its first funding round was on Nov 07, 2017. Its latest funding round was a Series A round on Dec 11, 2018 for $*****. 1 investor participated in its latest round. AeroCRS has 2 institutional investors.
Here is the list of recent funding rounds of AeroCRS:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 11, 2018 | 7084850 | Series A | 5030529 | 8616041 | 4846484 | 1315688 |
Nov 07, 2017 | 1702880 | Seed | 9501970 | 1509544 | 3710641 |
View details of AeroCRS's funding rounds and investors
AeroCRS's founders and board of directors
Founder? Claim ProfileAeroCRS's employee count trend
AeroCRS has 19 employees as of Jul 24. Here is AeroCRS's employee count trend over the years:
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AeroCRS's Competitors and alternates
Top competitors of AeroCRS include Gogo, Travelport and Verteil. Here is the list of Top 10 competitors of AeroCRS, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Gogo 1991, Itasca (United States), Acquired | Provider of inflight internet connectivity solutions for business and military aviation | $297M | 69/100 | |
2nd | Travelport 1971, Atlanta (United States), Acquired | Provider of a platform for travel agencies and travel suppliers | - | 68/100 | |
3rd | Provider of travel technology solutions and distribution systems for the aviation industry | $29.3M | 67/100 | ||
4th | Inmarsat 1979, London (United Kingdom), Acquired | Developer of satellite-based communication services | - | 67/100 | |
5th | Global Eagle 2004, Los Angeles (United States), Public | In-flight entertainment & connectivity solutions provider | $150M | 64/100 | |
6th | TPConnects Technologies LLC 2005, Dubai (United Arab Emirates), Acquired | Provider of IATA-certified global travel content aggregation and distribution technology solutions for airlines and travel sellers | $4.5M | 62/100 | |
7th | Inflight platform offering media content and eCommerce to travellers during flights through their PEDs | $2.7M | 60/100 | ||
8th | AI and web-enabled flight ancillary distribution and pricing engine solution provider | $6.64M | 54/100 | ||
9th | SmartSky Networks 2011, Charlotte (United States), Series B | Provider of LTE-based in-flight connectivity solutions | $365M | 54/100 | |
10th | Flightpath3d 2012, Irvine (United States), Unfunded | Immersive 3D map software elevates passenger experience for aviation industry | - | - | 51/100 |
31st | Cloud based sales and marketing suite for aviation industry | $284K | 37/100 |
Looking for more details on AeroCRS's competitors? Click here to see the top ones
AeroCRS's Investments and acquisitions
AeroCRS has made no investments or acquisitions yet.
Reports related to AeroCRS
Here is the latest report on AeroCRS's sector:
News related to AeroCRS
•
Global Travel Technology Company GO7 Announces CEO and Grows Leadership TeamPR Newswire•Feb 14, 2023•AeroCRS
•
Fly540 Partners with AeroCRS to Boost International Expansion PlanPR Newswire•Jul 20, 2022•Fly540 Aviation Ltd, AeroCRS
•
777 Partners eyes tech startups to "democratize" aviationPhocusWire•Jul 01, 2022•777 Partners, WorldTicket, AeroCRS
•
Investor 777 Buys AeroCRS to Build Tech Stack for Smaller AirlinesSkift•May 05, 2022•777 Partners, AeroCRS, WorldTicket
•
AeroCRS and CTW partner to provide airlines with new distribution and self-service capabilitiesCTW•Mar 03, 2020•AeroCRS, CTW
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[Kenya] DPO Group partners with Aero CRS to open up global markets to regional airlinesAfrica Business Communities•Nov 28, 2018•AeroCRS, Direct Pay Online, DirectPay
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