The entrepreneurial business Copenhagen Optimization helps international airports with optimizing the airport operation. The company is experiencing great success and is now going for more growth with DKK 8 million (approx. 1.07 million EUR) in new capital and bring on a new, professional board with experienced business professionals.
Copenhagen, Denmark - The world’s largest airports are growing fast and are meeting capacity limits. This has an impact on the passenger experience where passengers experience long wait times for check-in, security, and baggage handling.
On the basis of this development, Anders Dohn and Kasper Hounsgaard in December 2014 established Copenhagen Optimization and set out to help airports worldwide streamline and optimize operations with newly developed software solutions and know-how on airport operations. Since then they have progressed rapidly working with London Heathrow, Dublin, Munich, and Toronto airports, amongst others, whilst the company has grown from 2 to 15 employees.
Copenhagen Optimization now puts further impetus to the growth with an investment of DKK 8 million (approx. EUR 1.07 million) over the next two years. The capital will mainly be used to further develop the company’s cloud-based platform for the planning of airport operations, Better Airport, as well as to lift business development.
The capital injection is a combination of private investment from several industry professionals and a loan from the Growth Fund (investment fund backed by the Danish government). To further support growth, Copenhagen Optimization has established a new board with Jens Willumsen, former VP at Scandinavian Airlines, as chairman.
Better Airport allows airports to perform capacity planning, budgeting, and operational planning in a unified platform. The platform is already used in a number of airports and has been shown to reduce personnel costs by over 10 percent as well as give more control, accuracy, and insight into planning. Copenhagen Optimization focuses on expanding the scope of the existing modules and adding new modules for Better Airport.
For further information contact: Kasper Hounsgaard, telephone +45 51 34 10 69
Facts on Copenhagen Optimization
Established in December 2014
Founded by Anders Dohn and Kasper Hounsgaard
Turnover in 2016: DKK 7.5 mil.
Number of employees: 16
Customers: Approximately 20 airports in Europe and North America
About the author
A global software-as-a-service platform with a passion for making airport operations simple and efficient. The software solution Better Airport® is a cloud-based solution that uses data and a combination of AI and advanced mathematical algorithms to bring clarity and confidence to plans, data, and complex decision-making, empowering airports to better predict, operate, and optimize. Better Airport is currently deployed and live in operations in more than 40 medium and large airports globally, spanning across USA, Canada, Europe, Asia, and now also Australia.