5 years ago
i6 Group Secures Series A Funding for Aviation Fuel Management Software
i6 Group, a UK-based provider of fuel management software for the aviation industry, has secured a Series A funding round of undisclosed amount
The backers include International Airlines Group (IAG), Shell, World Fuel Services and JetBlue Technology Ventures
The company plans to use the funds for market expansion and new product development
i6 Group provides a cloud-based, digital fuel management platform that enables fuel suppliers, airports, into-plane agents and airlines to plan, control, monitor and optimize fuelling operations
The platform covers the entire fuel supply chain from “refinery to wing–tip.” The technology, which also has the potential to expand to verticals in adjacent markets, such as military, logistics and retail, is now deployed at over 150 international airports.
ProblemTechnology
"Aviation fuel management is inefficient, leading to wasted fuel, increased costs, and environmental damage. "
Solution
"i6 Group’s cloud-based platform helps fuel suppliers, airports, and airlines to better plan, control, monitor, and optimize fuelling operations, reducing waste and costs while improving environmental sustainability."