Company Overview
Snapshot
Founded in January 2017 by Meir Rozolio, ePlane operates with 11–50 employees. The company has raised $9 million across one disclosed funding round from 2 investors. In March 2020, ePlane announced it had secured $9 million in funding.
Business overview
ePlane operates an aerospace marketplace designed for the aviation industry, connecting buyers and sellers globally. Its core technology facilitates the search for aircraft parts and services, price comparison, communication with suppliers, quote requests, and transaction completion. The platform serves the aviation sector by enhancing the efficiency of the supply chain through direct interactions and streamlined transactions, operating within the Retail Platforms sector.
Strategic signal
In March 2020, ePlane announced a significant $9 million funding round, signaling strong investor confidence in its aerospace marketplace model. This capital infusion suggests the company is well-positioned to expand its platform and further streamline the aviation supply chain, indicating a period of growth and increased market penetration for its end-to-end solution.
Company Intelligence Q&A
- What is ePlane's primary business?
- ePlane operates an end-to-end marketplace for the aviation industry, connecting buyers and sellers of aircraft parts and services globally.
- When was ePlane founded?
- ePlane was founded in January 2017 by Meir Rozolio.
- How much funding has ePlane raised?
- ePlane has raised a total of $9 million. In March 2020, the company announced a $9 million funding round, with investors including Marubeni Corporation.
- Which airline began using ePlane's Autopilot feature?
- In October 2018, EL AL Israeli Airlines started using ePlane Autopilot to manage aircraft parts sourcing.
- What new features did ePlane release in February 2018?
- In February 2018, ePlane released a new update for its online aerospace marketplace, introducing live chat and RFQ functions for users.