SkySelect, a Tallinn, Estonia, and San Francisco, CA–based AI-powered procurement platform for the aviation materials industry, has raised $9 million in funding.
Investors
The round was co-led by Verb Ventures and RockCreek, with participation from SmartCap Green Fund and existing investors Bain Capital Ventures and Lux Capital.
Verb Ventures is a London-based venture capital firm specializing in early-stage B2B marketplaces and data platforms that modernize global trade and supply chains. The firm focuses on investments that increase transparency and efficiency across fragmented industries.
RockCreek is a global investment and asset management firm headquartered in Washington, D.C. The firm invests across public and private markets and manages capital for institutional investors such as pension funds, endowments, foundations, sovereign wealth funds, and family offices.
SkySelect Use of Funds
The company will use the funding to enhance its AI-powered sourcing and procurement optimization tools and expand hiring across product development, data science, and customer success teams in the U.S., India, and Estonia.
About SkySelect
Led by CEO Erkki Brakmann, SkySelect is a technology company that provides an AI-powered procurement platform designed to help airlines and maintenance, repair, and overhaul (MRO) organizations efficiently source aircraft parts from a global supplier network. The platform uses specialized AI to match aircraft part requests with optimal suppliers, providing real-time market visibility and enabling just-in-time procurement. It automates the sourcing, purchasing, and order tracking of aviation materials. SkySelect serves aviation customers, including JetBlue, Sun Country Airlines, Air Transport Services Group, Widerøe, and Vueling.
Funding Details
Company: SkySelect, Inc.
Raised: $9.0M
Round: Unknown
Funding Date: March 2026
Lead Investor: Verb Ventures, RockCreek
Additional Investors: SmartCap Green Fund, Bain Capital Ventures, Lux Capital
Company Website: https://www.skyselect.com/
Software Category: AI Procurement & Supply Chain Platform (Aviation)
Source: https://tech.eu/2026/03/12/skyselect-raises-9m-to-modernise-aircraft-parts-procurement-with-ai/