Airlines still make expensive fleet decisions with planning tools that can buckle under real-world complexity. Aerostrat found the useful middle - software mature enough to trust, flexible enough to bend - and AAR paid $15 million upfront for it.
JetInsight is a San Mateo, California software company building what it calls the modern operating system for business aviation. Its cloud-based platform helps private aircraft charter operators handle quoting, trip management, scheduling, and fleet operations in one place, replacing the spreadsheets, phone calls, and disconnected tools that have long run the industry. Co-founded by Dave Benjamin and Netscape engineer and web-cookie inventor Lou Montulli, the company serves hundreds of operators across the United States and is backed by NFX, First Round Capital, and Pear VC.
David Benjamin is the co-founder and CEO of JetInsight, the San Mateo software company building what it calls the modern operating system for business aviation. A Princeton-trained electrical engineer with a Stanford MBA, he moved from writing code at Microsoft and crunching numbers as a quantitative analyst to advising airlines at the Boston Consulting Group, then turned that aviation obsession into a product: cloud quoting and fleet-management tools that aircraft charter operators use to run safer, leaner, more profitable businesses. He built the company alongside CTO Lou Montulli, the engineer who invented the web cookie at Netscape.