Ukrainian aviation startup InputSoft raises $250k. SID Venture Partners is among the investors
InputSoft, a startup that provides web-based software solutions for the aviation industry, has raised $250,000 from Ukrainian VC fund SID Venture Partners, Sigma Software Labs, and Torino Cities of the Future Techstars Accelerator. According to the AIN.Capital information, the round hasn’t been closed yet and the work with investors is still going on.
- InputSoft develops a SaaS platform for optimizing the utilization of human and technical resources and data analysis in airports. The startup was founded in February 2021 by three co-founders Anastasiia Smyk, Valentyn Zavadskyi, and Andrii Smyk have long worked in civil aviation.
- InputSoft’s product consists of two software suites — Resource Management and Data Management. These programs help airports and aircraft ground handling companies efficiently utilize human and technical resources, automate aircraft and passenger service processes, and improve them for both airlines and their customers.
- In January 2022, InputSoft joined the US accelerator Techstars and secured $120,000 of funding at a $3 million valuation.
- The investors in this round include SID Venture Partners, a Ukrainian €15 million fund that invests in early-stage technology startups, Sigma Software Labs, a business incubator of Swedish-Ukrainian IT company Sigma Software, and Torino Cities of the Future Techstars Accelerator, the Techstars program that focuses on technologies that make cities accessible, inclusive, sustainable and resilient.