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Mobile app platform for private jet booking, offering on-demand flights, shared seats, and empty-leg access for global private aviation.
JetSmarter is a mobile app platform based in Fort Lauderdale, Florida, that simplifies private jet booking by aggregating charter services from various operators into a digital marketplace, often described as an "Uber for private jets." The company's model provided members, paying up to $15,000 annually, with on-demand access to flights, seat sharing, and empty-leg inventory, making private aviation more accessible globally. JetSmarter successfully raised over $100 million in funding, including a $105 million round, and achieved a $1.5 billion valuation. It attracted approximately 14,000 paid members and notable investors such as Jay-Z and the Saudi Royal Family. Founded in 2012 by Sergey Petrossov, the company was subsequently acquired by Vista Global Holding in 2019, with Petrossov then transitioning to Chief Marketing Officer at Vista.
JetSmarter has raised $135.0M across 3 funding rounds.
JetSmarter has raised $135.0M in total across 3 funding rounds.
JetSmarter was a technology-driven private aviation marketplace that used an app and membership model to make on‑demand private jet charters, seat-sharing (JetShuttle), and empty‑leg deals more accessible to frequent business and luxury travelers; the platform was founded in 2012 and was acquired by Vista Global (integrated into XO) in 2019[5][1].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: JetSmarter helped prove that private aviation could be productized and distributed like a consumer app—its technology and marketplace playbook now live on inside larger platforms (notably XO/Vista Global), where they continue to shape digital booking and membership models in private aviation[5][3].
JetSmarter has raised $135.0M in total across 3 funding rounds.
JetSmarter's investors include 75 & Sunny, Dreamers VC, Shawn Modarresi, Marcy Venture Partners, Pelion Venture Partners, Union Square Ventures, Jay Z, Shawn "JAY-Z" Carter, Challenger Universal, JetEdge, KBBO Group, KZ Capital.
JetSmarter has raised $135.0M across 3 funding rounds. Most recently, it raised $110.0M Series C in December 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2016 | $110.0M Series C | 75 & Sunny, Dreamers VC, Shawn Modarresi, Marcy Venture Partners, Pelion Venture Partners, Union Square Ventures, Jay Z, Shawn "JAY-Z" Carter, Challenger Universal, JetEdge, KBBO Group, KZ Capital | |
| Jul 23, 2015 | $20.0M Series B | Shawn "JAY-Z" Carter | |
| Jul 1, 2014 | $5.0M Series A | 75 & Sunny, Angel Invest, Dreamers VC, Shawn Modarresi, Marcy Venture Partners, Pelion Venture Partners, Seven Seven Six, Union Square Ventures, Y Combinator, Greg Badros, Jay Z |