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First Taxis, Now Jets: JetSmarter App is Uber For The Air

Morag Mcgreevey
Jul. 23, 2015 09:54AM PST
Emerging Technology Investing

Private air transportation startup JetSmarter is adopting the model of Uber for private jet travel. The company received $20 million in Series B funding from sources as diverse as Goldman Sacs, Twitter, the Saudi Royal Family, and Jay-Z.

Private air transportation startup JetSmarter is adopting the model of Uber for private jet travel. The company received $20 million in Series B funding from sources as diverse as Goldman Sacs, Twitter, the Saudi Royal Family, and Jay-Z.
According to an article on Tech Crunch:

Originally launched in 2013 as a booking platform to serve the niche market of wealthy jet-setters, JetSmarter aggregates prices and availability from over 800 private flight providers across the country.
Using the app, travelers can select from over 3,000 airplanes that range from a propeller plane to a Boeing business jet, and book a flight to nearly any city.

 
Founder Sergey Petrossov is quoted as saying:

That’s the traditional niche market, the charter customer who pays to create itineraries for themselves but the price barrier to create your own charter flight is still very high, and it’s only an option for about 250,000 people in the U.S.

Click here to read the entire article on Tech Crunch.
 

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