Yonder closes funding round of CHF 2.2M

Yonder, a Swiss Documentation-as-a-Service provider, has successfully closed a funding round of CHF 2.2M with institutional and private investors. Markus Oswald, CEO Innovationsstiftung Schwyzer Kantonalbank, will join the board.

Yonder has successfully closed a funding round with the Innovationsstiftung Schwyzer Kantonalbank as lead investor. Private investors, among them David Studer, co-founder of Xovis, a highly successful Swiss start-up, and other institutional investors including Zürcher Kantonalbank and investiere complete the funding round.

Markus Oswald, CEO Innovationsstiftung Schwyzer Kantonalbank, will join the board of directors as investor director. “Yonder offers a great service in a well-defined and fast-growing market. The company also has a unique founding team with a lot of experience in both airline documentation as well as growing small businesses globally”, says Markus Oswald.

Rainer Hiltebrand to join advisory board

To further deepen the expertise of the team, Rainer Hiltebrand will join Yonder’s advisory board. Rainer Hiltebrand, a former airline captain, has a distinguished career in the aviation industry. He served as COO of Zurich Airport before becoming COO at Swiss International Air Lines and eventually CEO at Lufthansa Aviation Training.

Yonder is a Switzerland based Documentation-as-a-Service provider in the aviation industry that helps airline operators master their documentation and compliance challenges. Instead of static operation manuals, Yonder delivers dynamic manuals: the right information, at the right time, for the right role. Customers include Edelweiss Air, a member or the Lufthansa Group.

Yonder was founded by Thomas Vogel, Marc Rauch, Alexander Skrabal, and Christoph Mächler. All founders have an aviation background with Thomas Vogel and Marc Rauch having helped grow Xovis globally. Alexander Skrabal and Christoph Mächler have over 15 years of experience in developing documentation solution for airlines with Christoph still being an active long-haul captain.

Dr. Roland Busch appointed as President of the Board

The shareholders of Yonder have appointed Dr. Roland Busch as President of the Board. After a successful career in the aviation industry with stations at Lufthansa, Amadeus, and Lido, Dr. Roland Busch last served as Chief Financial Officer for Swiss International Air Lines. He will support Yonder with his profound experience in aviation and finance as well as his vast network.

“We are very excited to have Dr. Roland Busch on board. His experience and network will be a valuable resource to tap into and we are looking forward to working with him”, says CEO Thomas Vogel.

Yonder wins jFund award

Yonder wins the jFund seed money award which supports start-ups of current and former members of the ETH juniors. The award allows Yonder to further accelerate its marketing activities and keep developing the software part for its Documentation-as-a-Service solution.
ETH juniors is the junior enterprise of ETH Zurich. It allows students to work on real-life projects for companies and gain valuable experience. ETH is the Swiss Federal Institute of Technology in Zurich, a prestigious school founded by the Swiss Federal Government in 1854 with the stated mission to educate engineers and scientists. In the 2019 edition of the QS World University Rankings ETH Zurich is ranked 7th in the world.