Flexjet

Cleveland, United States Founded: 1995 • Age: 31 yrs
Aircraft fractional ownership, leasing, and jet card services are provided.
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About Flexjet

Flexjet is a company based in Cleveland (United States) founded in 1995.. Flexjet has raised $800 million across 1 funding round from investors including L Catterton, KSL Capital Partners and Safra National Bank Of New York. Flexjet has completed 3 acquisitions, including Constant Aviation, Flying Colours and Halo Aviation. Flexjet offers products and services including Gulfstream G650, Gulfstream G450, Praetor 600, Fractional Lease, and Jet Card. Flexjet operates in a competitive market with competitors including Bombardier, Gulfstream, Elixir Aircraft, Dassault Falcon and Adranos, among others.

  • Headquarter Cleveland, United States
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Flexjet, Llc
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $800 M (USD)

    in 1 rounds

  • Latest Funding Round
    $800 M (USD), Private Equity Round

    Jul 21, 2025

  • Investors
    L Catterton

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Flexjet

Flexjet offers a comprehensive portfolio of products and services, including Gulfstream G650, Gulfstream G450, Praetor 600, Fractional Lease, and Jet Card. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Luxury private jet for high-end business travel.

Mid-size jet for efficient corporate flights.

Long-range jet for global executive travel.

Shared jet access for flexible business use.

On-demand jet services for scheduled trips.

People of Flexjet
Headcount 1000-5000
Employee Profiles 429
Employee Profiles
People
Seth Fuller
Digital Marketing Analyst
People
Larry Foster
Avionics Specialist
People
Enrique Drake
Scheduler
People
Jared Parks
Pilot

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Funding Insights of Flexjet

Flexjet has successfully raised a total of $800M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $800 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Private Equity Round — $800.0M
  • First Round

    (21 Jul 2025)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2025 Amount Private Equity Round - Flexjet Valuation L Catterton
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Flexjet

Flexjet has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include L Catterton, KSL Capital Partners and Safra National Bank Of New York. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
L Catterton is recognized as a leading consumer-focused private equity group.
Founded Year Domain Location
KSL Capital Partners is focused on travel and leisure investments.
Founded Year Domain Location
Operates as a commercial bank, providing deposits, loans, and payment services to customers.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Flexjet

Flexjet has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Constant Aviation, Flying Colours and Halo Aviation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Charter helicopter services are provided across the United Kingdom.
2009
Provider of MRO services for the aviation industry
2008
Horizontal directional drilling services and engineering are provided.
1989
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Flexjet

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Flexjet Comparisons

Employees
+
Add Comparison
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Competitors of Flexjet

Flexjet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bombardier, Gulfstream, Elixir Aircraft, Dassault Falcon and Adranos, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial aircraft and business jets are manufactured by Bombardier.
domain founded_year HQ Location
Manufacturer of business jet aircraft
domain founded_year HQ Location
Business aircraft are manufactured by Elixir Aircraft in France.
domain founded_year HQ Location
Manufactures luxury business jets and provides aircraft support services worldwide.
domain founded_year HQ Location
Solid propulsion systems are developed for the aerospace sector.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Flexjet

When was Flexjet founded?

Flexjet was founded in 1995 and raised its 1st funding round 30 years after it was founded.

Where is Flexjet located?

Flexjet is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

Who is the current CEO of Flexjet?

Michael Silvestro is the current CEO of Flexjet.

Is Flexjet a funded company?

Flexjet is a funded company, having raised a total of $800M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $800M, raised on Jul 21, 2025.

What does Flexjet do?

Flexjet was founded in 1995 and is based in Cleveland, United States. Fractional ownership programs, aircraft leasing options, and jet card memberships are offered in the private aviation sector. Access to a fleet of business jets is facilitated for clients seeking flexible air travel solutions. Operations extend across North America, with emphasis on customized flight services for business and leisure purposes.

Who are the top competitors of Flexjet?

Flexjet's top competitors include Bombardier, Gulfstream and Adranos.

What products or services does Flexjet offer?

Flexjet offers Gulfstream G650, Gulfstream G450, Praetor 600, Fractional Lease, and Jet Card.

How many acquisitions has Flexjet made?

Flexjet has made 3 acquisitions, including Constant Aviation, Flying Colours, and Halo Aviation.

Who are Flexjet's investors?

Flexjet has 3 investors. Key investors include L Catterton, KSL Capital Partners, and Safra National Bank Of New York.

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