Lifestyle

JetSmarter Raises Additional Funding

Fast-Growing Digital Travel Platform Continues Global Expansion

 

JetSmarter, the mobile marketplace that seamlessly connects travellers to private jets from their smartphones, has announced a new US$26.1 Million raise from its recent existing Series B investors and other prominent business executives. JetSmarter closed its recent US$20 Million Series B round in July of 2015.

 

“Our enhanced and expanded product offerings since our last raise have proven to be very successful, resulting in additional investments,” said founder and CEO of JetSmarter, Sergey Petrossov. “With strategy in place for continuous technology upgrades, increases in global penetration and additional services offered, JetSmarter will empower more people to fly private. This new capital will further enable our rapid and tactical growth.”

 

Over the last six months, the company has strategically grown throughout North America, the Middle East, and Europe, and provides 52% more flight options for its users through its three main amenities: JetDeals, JetShuttle and its JetCharter service. Over the last quarter, month-to-month growth in app downloads has increased by 240%, and JetSmarter has seen a 135% increase in memberships.