Jay Z Invests In ‘Uber for private jets’ App
Chartering a private jet, it turns out, isn’t as glamorous as it sounds.
You have to fill out what seems like an endless amount paperwork and be in constant touch with brokers.
Now a Jay Z-funded app, set to become the Uber for planes, has made the chore that little bit easier for the one per cent.
The app built by 27-year-old entrepreneur Sergey Petrossev, claims to let anyone book a flight on a private jet in a matter of seconds. Apart from Jay Z, other high profile investors include the Saudi Royal Family. The amount they have invested remains undisclosed.
The app just closed a $20 million funding round from various sources.
The funding will go to expanding routes and buying up more flights from carriers, the company said.