JetSmarter Raises Additional Funding

Fast-Growing Digital Travel Platform Continues Global Expansion

26 Feb, 2016, 19:00 ET from JetSmarter

NEW YORK, Feb. 26, 2016 /PRNewswire/ -- JetSmarter, the mobile marketplace that seamlessly connects travelers to private jets from their smartphones, has announced a new $30 Million raise from its recent existing Series B investors and other prominent business executives.  JetSmarter closed its recent $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. 

Additional company announcements will be made throughout 2016. For more information, please visit www.JetSmarter.com.

About JetSmarter
JetSmarter is a mobile marketplace that offers instant pricing and availability for private jets worldwide.  The application democratizes the private jet industry by decreasing the entry price for consumers, and helping air carriers gain more exposure within the market. By eliminating the middle man when it comes to booking a private jet, this app takes the process into the future with simplicity and ease. The JetSmarter app is available for iOS and Android. For more information, please visit www.JetSmarter.com.

JetSmarter is a registered trademark of JetSmarter Inc.

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SOURCE JetSmarter



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