The NY Daily News reports that Jay Z just invested in an app called JetSmarter — which allows users to book a private jet in a matter of seconds.
The company, which is often referred to as the Uber of private jets, announced Thursday (July 23) that it had closed a $20 million round of investments.
It’s known how much of that lofty sum came from Hov, but Business Insider confirmed he did throw his wallet into the ring.
The app, which is available for iOS and Android, was launched in 2013. Users can create custom charter flights to anywhere in the world, and JetSmarter guarantees availability year round.
The apps also lets people book a one-way private flight on demand or snag a spot on a pre-existing flight through the JetShuttle service.
“I started the company out of a frustration with the process,” creator Sergey Petrossov told Business Insider. “I kept thinking to myself, ‘Why hasn’t this service been brought into the digital world?'”
JetSmarter members pay $9,000 per year to just access the wholesale prices of flights. They also get free deals, as well as access to free spots on the JetShuttle.
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