Flexjet raised $800 million in a funding round led by L Catterton, valuing the company at $4 billion. The funding aims to expand its fleet for rising demand from technology and cryptocurrency entrepreneurs.

Jul 21, 2025•about 1 month ago

Amount Raised

$800 Million

ClevelandTravelManufacturing

Investors

L Catterton

Description

U.S. private jet operator Flexjet raised $800 million in a funding round led by LVMH-backed MC private equity firm L Catterton, valuing the company at about $4 billion. The funding comes as Flexjet looks to expand its fleet to meet rising demand from technology and cryptocurrency entrepreneurs. Flexjet Chair Kenn Ricci noted the influx of speculative wealth from the tech and Bitcoin industries

Company Information

Company

Flexjet

Location

Cleveland, Ohio, United States

About

Flexjet is a global leader in private aviation innovation, specializing in fractional ownership of highly custom aircraft. Their LXi Cabin Collection™ offers unique and personalized interiors designed to enhance the travel experience. Since 2015, Flexjet has worked with artisans and manufacturers to create innovative designs that combine utility and elegance. The company is committed to providing luxury and extraordinary experiences to its clients.

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