Charter & Fractional
Stratajet Secures $8M in Funding
The booking platform secured the funding from a round of investment and also generated two million flight quotes in 2016.

Private jet charter booking platform Stratajet (Booth F051) has announced that it has raised $8 million in additional funding. The new investment, which adds to $6 million in capital previously raised, will come from London-based venture capital group Octopus Ventures, with support from Stratajet’s existing backers Playfair Capital and JamJar Investments.

UK-based Stratajet launched its platform to consumers in early 2016 and since then has generated more than two million flight quotes (see page 40). Next month, it will launch the new Stratafleet 3.0 version of its charter quoting system, which it provides free of charge for operators. The company claims this allows them to more efficiently track the availability of their aircraft and mitigates the risk of unexpected costs through accurate calculation of flight time and fuel burn.

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