AeroCloud Systems secures £1.22 million Seed investment led by Playfair Capital

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Airport operations SaaS provider AeroCloud Systems announces $1.7m investment and makes key hire to lead US growth

AI and machine learning driven platform improves visibility of real-time and future operations and communication for all stakeholders

AeroCloud Systems has announced seed investment of $1.7m (£1.2m), led by VC fund Playfair Capital.

AeroCloud is a cloud-based airport management solution. It provides real-time data to enable management of critical operations.

Its predictive AI, resource management & planning system identifies future passenger flow with 97% accuracy to ensure maximum visibility of operational demand and optimized communication with airlines, ground operations, and tenants.

The platform is cloud-based, easy to use, and built on leading edge technology keeping the price point within the reach of small to medium sized airports. It also provides larger airports with an alternative at a much lower cost to existing solutions, essential at a time when the industry needs additional support to recuperate from the effects of the pandemic.

The business, based in the US and UK, has deployed their platform in major airports such as Tampa International and John Wayne in California. This investment will drive further growth in North America and enable key hires. One such hire is new Director of Airport Engagement and industry veteran Andrew Hoppe, who joins from competitor ADB Safegate. Andrew has been working with airports, airlines, and the transportation sector in technology sales roles since 2014.

CEO George Richardson and CTO Ian Forde-Smith launched AeroCloud in 2017 to address a gap in the legacy airport operations market. They felt previous solutions were too expensive, not focussed on customer needs, and not innovating fast enough.

On the raise, George Richardson, said:

“Myself and my co-founder, Ian Forde-Smith, always felt the airport operations sector was an underserved market that we could have a huge impact on. And we’ve shown that a combination of genuinely innovative technology and great service is really resonating with the airports we speak to.

“The pandemic has given us an opportunity to show airport executives how our platform can optimise their operations and save them costs when they’ve needed to most. As vaccination programmes ramp up around the world, air travel is set to make a big comeback in the US and then Europe, our two key markets. We’re incredibly excited about the opportunity this presents us to rapidly accelerate the growth of our business.”

On the hiring of Andrew Hoppe, George Richardson, added:

“Andrew deciding to join us is a testament to the buzz we’re creating in the industry as a customer-focussed business solving challenges with leading edge technology.”

Andrew Hoppe, Director of Airport Engagement, North America, AeroCloud Systems, commented:

“I’ve joined after witnessing AeroCloud deploy AI-driven gate management systems at airports overnight, and in the process save 80% on IT and maintenance costs.

Since coming onboard, I’ve been able to see for myself that they are unequivocally the most innovative and customer-centric software company in the aviation space.”

–ENDS–

About AeroCloud Systems

AeroCloud’s mission is to become the largest provider of operation automation software for the small to medium-sized airport market globally.

The business launched in 2017 by understanding the most pressing problems faced by airports and worked to solve those complex challenges through a co-creation model. AeroCloud’s predictive AI, resource management and planning modules now hold together operations across multiple different departments in airports around the world.

Find out more about AeroCloud on our website:

http://aerocloudsystems.com/

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Safiya Marzook

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