SkyThread
Company

Last deal

$600K

Amount

Seed

Stage

01.10.2021

Date

2

all rounds

$950K

Total amount

date founded

Financing round

General

About Company
SkyThread is a Blockchain data exchange network for the aviation industry.

Industry

Sector :

Subsector :

founded date

01.01.2021

Company Type

Non-profit

Last funding type

Seed

IPO status

Private

Description

The company aims to deliver trust in "Data for the Life of the Aircraft" by optimizing data flow across aviation transactions, with a critical focus on aircraft asset management, aftermarket, and MRO. SkyThread leverages blockchain to build a federated system of record that tracks planes and their history of owners, configurations, and maintenance events, as well as all the parts on a plane and their provenance, including time on wing, time off wing, and maintenance history. The system also tracks all the technicians that work on planes and their parts, including their certification and training history, as well as the locations of where maintenance is performed on planes. These four elements form a core Utility Layer to the SkyThread ecosystem, which will drive upwards of $33B in yearly value to the aviation industry through 20+ consortium governed applications.
Contacts

Contact Email

Social url

Similar Companies
39

Interoperability Network Foundation

INF provides secure and fast data exchange for international multi-party chains.

Sector

Software and Computer Services

Subsector

Computer Services
ChainifyDB

ChainifyDB

chainifyDB converts scientific findings into marketable software solutions.

Sector

Software and Computer Services

Subsector

Software

Keywords

Software, Information Technology

Location

Saarbrücken, Germany
Transmute

Transmute

Transmute is a blockchain-based data exchange platform that digitizes trade documentation.

Sector

Software and Computer Services

Subsector

Software

Location

Austin, TX, USA

total rounds

3

total raised

$6.31M
X-15 Data Systems

X-15 Data Systems

X-15 manages the world's infrastructure through their next generation software platform.

Sector

Software and Computer Services

Subsector

Software

Location

Palo Alto, CA, USA

Financials

Funding Rounds
2
2

Number of Funding Rounds

$950K

Money Raised

Their latest funding was raised on 01.10.2021. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.10.2021
$600K
01.03.2021
$350K
Co-Investors

People

Founders
4
Ginger Shao
Ginger Shao

Ginger Shao

Ginger Shao is the Chief Technology Officer and Co-Founder of SkyThread.

current job

SkyThread
SkyThread

organization founded

1

Ginger Shao

Simon Free
Simon Free

Simon Free

Simon Free is the Co-Founder and Chief Business Development Officer of SkyThread.

current job

SkyThread
SkyThread

organization founded

1

Simon Free

Chuck Marx
Chuck Marx

Chuck Marx

Chuck Marx is the Co-Founder and Chief Strategy Officer of SkyThread.

current job

SkyThread
SkyThread

organization founded

1

Chuck Marx

Mark Roboff
Mark Roboff

Mark Roboff

As Vice President for Aerospace and Automotive at SparkCognition, Mark Roboff works across both industries to realize the potential of next-generation AI to solve critical problems and unlock new opportunities to save, pivot, and grow business worldwide. Roboff brings over fifteen years of software and AI leadership to SparkCognition, with a career split between startups and technology giants. Prior to joining SparkCognition in October 2017, Roboff was an early leader in IBM Watson Group, serving in global positions across technical sales, business development, and industry solution design. Most recently, Roboff served as IBM’s Global Solution Leader for Aerospace and Automotive, leading the design and go-to-market for transformative cognitive solutions in manufacturing and maintenance optimization. Roboff is a lifelong aviation geek and car lover, and lives to share his joint passions of flying, driving, and delivering next-generation AI.

current job

SkyThread
SkyThread

Mark Roboff

Employee Profiles
6
Jean-Marc Lemaitre

Jean-Marc Lemaitre

EVP of Customer Success

Alain Carcasses

COO

Mark Roboff

Mark Roboff

CEO & Co-Founder

Ginger Shao

Ginger Shao

CTO & Co-Founder

Simon Free

Simon Free

Co-Founde & CBDO

Chuck Marx

Chuck Marx

CSO & Co-Founder

Activity

Recent News
0