Elo, Ilmarinen invest in Juuri-backed QOCO Systems in private growth round

By Public Technologies
  • Elo, Ilmarinen invested in QOCO Systems in a private growth round; Juuri Partners remains a significant minority shareholder.
  • QOCO is a Finnish enterprise SaaS provider for aviation maintenance, using AI and data to digitize MRO operations via its Aviadex platform.
  • Funding targets faster international expansion, including the U.S., Europe, and the Middle East, alongside continued product development.
  • Round size was not disclosed; new investors took minority stakes; QOCO’s ARR has risen nearly fivefold since Juuri’s 2024 investment.


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