This website uses cookies
More information
The monthly news publication for aviation professionals.
Related background information from the Handbook...

AeroParts Now

Aircraft Parts

BAN's World Gazetteer

The monthly news publication for aviation professionals.

Request your printed copy

AeroParts Now closes $3m financing round
There's a huge technology gap between suppliers and those looking to purchase parts according to AeroParts Now. New funding will help it provide clients with the best solution to address this.

Birmingham, Michigan-headquartered AeroParts Now has closed a $3 million financing round led by String Ventures and Simon Group Holdings. The company will use the new funding to better serve its customers, accelerate growth and expand its sales, ecommerce and marketplace enablement SaaS (Software as a Service) products, built to help the aviation industry access and manage aftermarket parts. The company also announced that String Ventures chief mentor Dilip Dubey will join its board of directors as executive chairman.

AeroParts Now is setting the industry standard with its innovative aviation parts management solutions that help aircraft companies manage sales, ecommerce and fulfilment efficiently. There's a huge technology gap between suppliers and those looking to purchase parts, and we're prepared to provide our clients the best solution to address it,” says Simon Group founder and chairman Sam Simon, a longtime investor in AeroParts Now. “We're thrilled to join forces with String Ventures, which brings a deep AI and software expertise, as well as experience in transforming supply chain, marketplace and SaaS startups into market-leading platforms. This capital injection will help build and scale AeroParts Now for the future.”

AeroParts Now is an exciting opportunity to bring innovative AI-driven solutions to the aviation industry,” adds Dubey. “We're confident that AeroParts Now has the technology, leadership, vision and expertise to help customers grow sustainably, innovate and efficiently manage their customers' parts business as we enter the next era of the aviation industry.”

Other News
Haymans joins JSSI for business development in Europe
October 27, 2023
Thomas Haymans is looking forward to working with the team on expanding JSSI's global presence and providing unmatched value to operators and flight departments in this market.
JSSI makes LATAM and US appointments
October 27, 2023
JSSI continues to strengthen the Americas business development team by naming Oscar Martinez, Eric Borgstrom and Darwin Stout to new LATAM and US roles.
JSSI launches its PartsHub online one-stop parts shop
October 18, 2023
PartsHub is supported by a team of parts experts and product line specialists; each profile is matched to a single point of contact for quick turn quote and account management.