AviLabs - About the company
AviLabs is a series A company based in Reykjavik (Iceland), founded in 2019. It operates as a Provider of cloud-based passenger disruption management solutions. AviLabs has raised $8.73M in funding from Frumtak Ventures. The company has 21 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like ConvergentAI, RubiQ and Layover Solutions.
Key Metrics
Founded Year
2019
Location
Reykjavik, Iceland
Stage
Series A
Total Funding
$8.73M in 1 round
Latest Funding Round
Investors
Ranked
7th among 21 active competitors
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AviLabs's funding and investors
AviLabs has raised a total funding of $8.73M over 1 round. Its latest funding round was a Series A round on Oct 15, 2024 for $*****. 1 investor participated in its latest round. AviLabs has 2 institutional investors.
Here is the list of recent funding rounds of AviLabs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 15, 2024 | 4202908 | Series A | 5436911 | 6489395 | 7265594 | 6463782 |
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AviLabs's Competitors and alternates
Top competitors of AviLabs include ConvergentAI, RubiQ and Layover Solutions. Here is the list of Top 10 competitors of AviLabs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ConvergentAI 2013, Harrisonburg (United States), Acquired | Predictive Analytics Solutions for Multiple Industries | $1.45M | 37/100 | |
2nd | AI-based disruption management solution for the aviation industry | - | 35/100 | ||
3rd |  Layover Solutions 2021, Frankfurt (Germany), Seed | Provider of AI & SaaS-enabled passenger disruption management solutions | - | 32/100 | |
4th | Provider of web-based passenger disruption management solutions | $8.73M | 32/100 | ||
5th |  TrustaBit 2017, Los Angeles (United States), Seed | Blockchain-based flight disruption management solution for the airline industry | $50K | 31/100 | |
6th | Airlegit 2019, Princeton (United States), Unfunded | AI-based airline data & related content solution for travel businesses | - | - | 29/100 |
7th | Provider of cloud-based passenger disruption management solutions | $8.73M | 27/100 | ||
8th |  Smart Flight 2020, Sao Paulo (Brazil), Unfunded | Provider of a flight disruption management platform | - | - | 25/100 |
9th | AI-based disruption management solution for the aviation industry | - | - | 24/100 | |
10th | Notamify 2023, Unfunded | Offers NOTAM operating systems | - | - | 24/100 |
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AviLabs's Investments and acquisitions
AviLabs has made no investments or acquisitions yet.
Reports related to AviLabs
Here is the latest report on AviLabs's sector:
News related to AviLabs
•
Reykjavik-based AviLabs raises €8 million to renovate airline passenger disruption managementEU-Startups•Oct 15, 2024•Frumtak Ventures, Brunnur Ventures, AviLabs, Plan3
•
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