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Aerovanti Air Club Announces $9.75M Funding Round, Positioning The Charter Aviation Pioneer To Rapidly Scale, Continue To Disrupt The $25 Billion-A-Year Private Aviation Industry

Jul 22, 2022almost 3 years ago

Amount Raised

$9.75 Million

AnnapolisAir TransportationTravel

Description

AeroVanti Air Club today announced it has engaged Network1 Financial Securities Inc. to raise up to $9.75 million in a Series A fundraising round.

Company Information

Company

AeroVanti, Inc.

Location

2 COMPROMISE STREET

Annapolis, Maryland, United States

About

The company believes this capital infusion will position the charter aviation club, which has experienced 20X growth since launching in June 2021, to continue to scale its operations, grow its fleet, and expand its destination offerings and flight availability to its growing roster of delighted customers. The acquisition included the conversion of Marjet’s Federal Aviation Administration (FAA) Part 135 Certification to AeroVanti, which upgrades its operations and positions the company to continue to rapidly scale.

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