flyExclusive, Inc. raised $25M in a Series A equity investment led by EnTrust Global to expand its fleet and build out its fractional program.
Amount Raised
$25 Million
Round Type
Series A
KinstonTransportationTravelAir TransportationAerospaceInvestors
Description
flyExclusive, Inc. announced a $25 million equity investment led by EnTrust Global through the purchase of 25,000 shares of Series A Non-Convertible Redeemable Preferred Stock at a purchase price of $1,000 per share. The investment allows flyExclusive to expand its fleet and bring greater reliability and convenience to its customers. The Series A Preferred Stock accrues dividends beginning on the Issue Date and ending on the first-year anniversary of the Issue Date at varying rates.
Quick answer
flyExclusive raised $25 Million in a Series A round, dated March 5, 2024. Investors: En Trust Global. flyExclusive is based in Kinston, North Carolina, United States.
- How much did flyExclusive raise?
- flyExclusive raised $25 Million in a Series A round on March 5, 2024.
- Who invested in flyExclusive?
- En Trust Global is named as investors in this round.
- What does flyExclusive do?
- flyExclusive is a vertically integrated, FAA regulated operator of private jet experiences offering customers on-demand charter, Jet Club, and fractional jet services to destinations across the globe.
- Where is flyExclusive based and how big is it?
- flyExclusive is based in Kinston, North Carolina, United States. Fundz records about 800 employees.
- Who are the decision-makers at flyExclusive?
- Fundz holds 2 contacts at flyExclusive, including the Vice President Human Resources. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Travel around the same time
Companies in the same sectors as flyExclusive that raised within 45 days of this round, from Fundz verified event records.
- Jet.AI raised $1.5M (Seed) on March 28, 2024.
- TCab Tech raised $20M (Series A) on March 26, 2024.
- Dronamics raised $11M (Funding Round) on March 19, 2024.
- inDrive raised $150M (Funding Round) on March 14, 2024.
- IntrCity raised $4.8M (Seed) on February 29, 2024.
- BBI Logistics raised $700K (Seed) on April 19, 2024.
Who to call at flyExclusive, and when
A new round usually means flyExclusive is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day flyExclusive raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at flyExclusive, from your own LinkedIn network
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Funding Insights
What this usually meansflyExclusive raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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