Charles Chen, Partner at Level Equity. Osprey secures over £40 million investment to revolutionise aviation risk management

Aviation risk management company Osprey Flight Solutions has secured more than £40 million in growth investment from Level Equity, a leading technology growth capital firm based in New York.

The new funding will accelerate Osprey’s continued development and integration of generative AI technologies to support clients across the aviation industry. Osprey says the company has built the industry’s first truly predictive and dynamic aviation risk management platform, combining AI-driven data analytics, proprietary technology and expert intelligence. The company’s product suite provides instant situational awareness, regulatory compliance support and predictive risk assessments for every stage of flight operations.

Andrew Nicholson, CEO of Osprey Flight Solutions, says: “This investment marks a transformative step for Osprey. From day one, we recognised a deep alignment with our partners in New York, who not only share our vision but bring unparalleled expertise in the risk sector. With the continued support of 24Haymarket, our angel investors and this new injection of capital, we are perfectly positioned to accelerate our innovation, particularly in the application of generative AI, and to continue delivering world-class solutions for our clients.”

“Osprey is solving one of the most critical challenges in global aviation – managing operational risk in real time. Its AI-powered platform, visionary leadership, and impressive growth trajectory make it uniquely positioned to lead the industry,” Charles Chen, Partner at Level Equity said. “We’re thrilled to partner with Andrew and his team to support the company in its next phase of growth.”

Venture capital company 24Haymarket and all existing angel investors will maintain a minority investment in the business.

The company’s customers include airlines such as easyJet, KLM, Virgin Atlantic and Singapore Airlines and Osprey says it has rapidly become a trusted partner for leading carriers, cargo operators and government agencies worldwide, delivering over 500% growth in contracted revenue since 2022, fuelled by surging demand for real-time, predictive insights in an increasingly complex aviation environment.

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