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About Jet.AI
Industries
Automotive & Transportation
Consumer Software
Company Size
11-50
Company Stage
IPO
Total Funding
$44.6M
Headquarters
Las Vegas, Nevada
Founded
2018
Overview
Jet.AI provides private aviation services that simplify the process of booking private jet travel for high-net-worth individuals and businesses in the Southwestern United States. Their mobile app, available on iOS and Android, allows users to easily book one-way or round-trip flights with clear pricing and instant booking options. Jet.AI connects customers to a network of over 1,500 safety-vetted operators worldwide, ensuring a safe and convenient travel experience. Unlike many competitors, Jet.AI does not require membership fees, making private jet travel more accessible. The company's goal is to deliver a comfortable and exclusive travel experience while also offering competitive compensation and growth opportunities for their pilots and staff.
Simplify's Take
What believers are saying
- Increased demand for personalized travel boosts private aviation growth.
- AI integration enhances operational efficiency and customer experience.
- Fractional jet ownership offers a cost-effective alternative for high-net-worth individuals.
What critics are saying
- Increased competition from new entrants like Set Jet may impact market share.
- Acquisition by flyExclusive may disrupt Jet.AI's business model.
- Low stock offering price might indicate financial instability or undervaluation.
What makes Jet.AI unique
- Jet.AI offers a seamless private jet experience without membership fees.
- The CharterGPT app uses AI for efficient and user-friendly booking.
- Jet.AI connects users to over 1,500 safety-vetted operators worldwide.
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Funding
Total Funding
$44.6M
Above
Industry Average
Funded Over
3 Rounds
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 6%2 year growth
↑ 6%flyExclusive Inc. (NYSE American: FLYX), a Kinston, NC-based provider of jet charter experiences, acquired Jet.AI Inc. (NASDAQ: JTAI), a Las Vegas, NV-based private aviation and artificial intelligence company.With the acquisition, flyExclusive will expand its 2025 growth plans.Founded by Mike Winston Jet.AI currently operates in two segments, Software and Aviation, respectively. The software segment features the B2C CharterGPT app, the Ava agentic booking AI, and the B2B Jet.AI Operator platform, which use natural language processing and machine learning to improve the private jet booking experience. The Jet.AI operator platform offers a suite of stand-alone software products to enable FAA Part 135 charter providers to add revenue, maximize efficiency, and reduce environmental impact. The Aviation segment features jet aircraft fractions, jet cards, on-fleet charter, management, and buyer’s brokerage
Jet.AI's $2.4M stock offering: AI-driven aviation firm sells 26.6M shares at $0.09. Learn how this move impacts investors and the company's future in private air travel and AI technology.
Jet.AI has consummated its SPAC merger and is now publicly traded on the NASDAQ under JETAI
Jet Token Inc. entered into a definitive business combination agreement to acquire Oxbridge Acquisition Corp. from a group of shareholders for approximately $110 million in a reverse merger transaction on February 24, 2023.
Jet AI launches CharterGPT with more AI to come.
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About Jet.AI
Industries
Automotive & Transportation
Consumer Software
Company Size
11-50
Company Stage
IPO
Total Funding
$44.6M
Headquarters
Las Vegas, Nevada
Founded
2018
There are no jobs for Jet.AI right now.
Find jobs on Simplify and start your career today