Victor, a London, UK-based private jet charter business, secured $20m in Series B funding.
The round was led by BP Ventures – the investment arm of global energy company BP, with participation from family offices and existing shareholders.
The company, which has now raised $44.45m of funding to date, intends to use the funds to expand its global presence and develop its B2B offering connecting suppliers, re-sellers (brokers) and other service providers and expanding across new geographical territories.
Led by Clive Jackson, CEO & founder, Victor operates a B2C jet charter marketplace allowing members to check pricing options and aircraft specifics before booking the flights they need. The company, which has global, 24-7 offices in New York, and California, hit its sales revenue forecast of $39m for 2016. In 2017 so far, it is on target for a full year of over $60m.
Last month, Victor expanded its Manhattan base to accommodate a team of 25 sourcing, flight management and customer service experts.