i6 Group secures Series A funding from a syndicate led by International Airlines Group
International Airlines Group led the syndicate backing the aviation software provider alongside Shell, World Fuel Services and JetBlue Technology Ventures.
i6 Group provides digital fuel management solutions for the aviation sector, connecting stakeholders through a unified cloud platform. Its technology is deployed across hundreds of airports worldwide to improve operational visibility and efficiency.
i6 Group has secured a Series A funding round with backing from a syndicate that includes International Airlines Group, Shell, World Fuel Services and JetBlue Technology Ventures. The investment follows previous funding earlier in the year and will support the company as it scales its operations.
Established in 2013, i6 develops technology designed to replace manual refuelling processes with real-time connectivity and digital tools. Its software is currently utilised by carriers such as British Airways and Virgin Atlantic.
The fresh capital will be directed towards accelerating product development and expanding market reach. The firm intends to build upon its international presence across more than 150 airports.
From the founder
"We are very pleased to have concluded the investment process and are excited by the strategic value that we believe can beneft both i6 and the existing and future industries we serve."
Steven Uhrmacher
CEO at i6 Group
Investor perspective
"We are thrilled to join a strong consortium of investors to support the growth of i6. The way their proprietary digital solutions enable the end-to-end digitalisation of the aviation fuel supply chain, while solving key friction points, adds tremendous value to their customer base."
Eva Wan
General Manager Digital Strategy, International Airlines Group
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Eva Wan
International Airlines Group
Shell
Sukumar Pillai
World Fuel Services
JetBlue Technology Ventures
Categories
About the company
i6 Group
i6 Group builds digital fuel management technology for the aviation industry.