ePlane

Company Overview

Snapshot

Founded in January 2017 by Meir Rozolio, ePlane operates with 11–50 employees. The company has raised $9 million across two funding rounds.

Business overview

ePlane provides an aerospace marketplace that connects buyers and sellers within the aviation industry 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 aerospace and aviation sectors by enhancing the efficiency of the supply chain through direct interactions and streamlined digital transactions.

Strategic signal

In March 2020, ePlane completed a $9 million financing round led by Marubeni Corporation, signaling strong investor confidence in its. This investment highlights the strategic importance of digitizing procurement processes in the aviation industry and positions ePlane for continued growth and market expansion through key partnerships.

Company Intelligence Q&A

What was the total capital raised by ePlane?

ePlane has raised a total of $9 million across its funding rounds.

Which major airline began using ePlane's sourcing tools?

In October 2018, EL AL Israeli Airlines began using ePlane's Autopilot feature to improve their procurement process for aircraft parts, leveraging the platform for faster and more accurate inventory data.

What new features did ePlane introduce in February 2018?

In February 2018, ePlane released a platform update introducing new features such as One-Click RFQ for streamlined quote requests and ePlane Live Chat for direct communication between buyers and sellers in the aerospace marketplace.

How is ePlane expanding its service offerings?

In January 2020, ePlane announced plans to introduce additional fee-based services, including logistics, warehousing, and fulfillment services, alongside expanded market data and advertising opportunities for suppliers, aiming to capture a larger share of the global aerospace products market.