Luminate Capital Partners has made an investment in Comply365, a provider of enterprise content management solutions for the aviation sector. No financial terms were disclosed. In conjunction with the transaction, Hollie Haynes, Mark Pierce and Sanjay Palakshappa have been added to Comply365’s board of directors.
Beloit, WI and San Francisco, July 5, 2017 – Comply365, LLC (“Comply365”), the leading provider of mobile-first, enterprise content management solutions to the aviation industry, received a strategic growth investment from Luminate Capital Partners, a San Francisco-based investment firm.
Comply365 provides a mission-critical, mobile-first content management software platform that initially transformed the aviation industry with the electronic flight bag, software that provides pilots access to the most up-to date and compliant manuals and notifications electronically.
Today, the company has expanded the solution to enable mobile-first content management throughout the airline including flight operations, flight services, maintenance and other divisions. Comply365 continues to drive the next wave of digital disruption in the aviation industry with innovative, high-value communication and content solutions, such as Mobile Maintenance Manuals, Digital Briefing and ProChat.
“Our clients are using our mobile applications in mission-critical environments to work smarter, solve problems, ensure compliance and deliver a great customer experience. We’re excited to lead the next wave of transformation with mobile-first solutions and real-time intelligence.
Luminate Capital is an ideal partner to fuel our growth strategy and help us deliver even more value to existing clients as well as to the broader aviation ecosystem,” said Kerry Frank, CEO of Comply365.
Comply365’s solutions enable airline employees to access mobile manuals, complete checklists, review digital flight plans, complete training and stay in compliance in a highly- regulated environment in real-time on any device. Over 75% of North American airlines, including the largest airlines, low cost carriers such as Spirit Airlines, as well as regional and cargo carriers, rely on Comply365 solutions daily to support operations, and Comply365 plans to double its international footprint this year. Over 525,000 users including pilots, cabin crews, maintenance technicians, vendors and contractors use Comply365’s mobile productivity, training and safety solutions to get the content they need at their fingertips.
“We are excited to partner with Comply365 to help accelerate their growth. They are the market leader with the expertise, passion and mobile-first solutions that users love,” said Hollie Haynes, Founder & Managing Partner at Luminate. “We share their passion for building an aviation-focused software business that provides high performing solutions. They are poised to continue to grow and deliver mission-critical solutions to the industry.”
“Comply365’s digital expertise, mobile enterprise platform, innovation, strong client base and reputation is best-in- class,” added Mark Pierce, Operating Partner at Luminate. “We look forward to building on this success with the Comply365 team.”
Hollie Haynes, Mark Pierce, and Sanjay Palakshappa will join Comply365’s Board of Directors.
Comply365 is a leading mobile-first software company empowering a digital workplace.
Comply365’s secure, mobile enterprise platform and full suite of mobile solutions give organizations the agility, speed and intelligence they need. Comply365 helps companies leverage digital content and mobile technologies to connect, communicate and collaborate to drive unprecedented efficiencies and compliance throughout their ecosystem. To learn more visit comply365.com.
About Luminate Capital Partners
Luminate Capital Partners is a private equity firm focused on investments in software and software-enabled services companies. Luminate partners with management teams to provide flexible capital to drive strategy, growth and operational improvements. For more information visit luminatecapital.com.