JetSmarter Raises $105M To Fund Further Expansion

 - December 14, 2016, 11:42 AM

Air charter membership firm JetSmarter has raised $105 million from existing and new strategic investors in its series C funding round, the company announced this week. With this round of funding, JetSmarter plans to expand its current shared private jet offerings, known as JetShuttles, in cities across the U.S., Europe and the Middle East.

At the beginning of this month, it launched shared private jet scheduled service between London and Dubai, adding the Middle East to its existing North American and European service areas. The New York City-based company is using Embraer Legacy 650s on the Dubai-London JetShuttle flights, which are offered on a per-seat basis to JetSmarter members and operated by Empire Aviation and Vertis Aviation.

Currently, JetSmarter offers 48 different JetShuttle routes from cities around the world, including New York; Miami; Washington, D.C.; Boston; Chicago; Los Angeles; San Diego; London; Paris; Moscow; Dubai; Nice; and Milan.