Victor, Leading On-Demand Jet Charter Marketplace, Closes $20m Series B Investment - Seite 2

To date, BP has invested more than $350m in tech companies around the world, pioneering energy innovation across digital transformation, advanced mobility, power and storage, carbon management, and bio and low carbon products. BP's strategic investment in Victor is an investment in the company's dynamic, advancing digital platform and its intellectual property as it looks to unlock wider changes and efficiencies across the general aviation and transportation industries.

Clive Jackson, CEO & founder of Victor, said: "I am proud to welcome BP Ventures as a strategic, cornerstone investor. Their track-record for identifying forward-thinking innovative businesses that can deliver sustained growth speaks for itself. Receiving backing from a major, legitimate institutional investor like BP is a strong endorsement of our management team and our strategic vision to reshape the general aviation market. This is a hugely exciting step forward in the company's evolution."

David Gilmour, Vice President of BP's Group Technology Business Development, said: "The digital revolution is changing the face of the energy industry and BP is at the forefront.  BP Ventures has now completed five deals in less than a year. Victor's business and ambition aligns with our priorities around digital innovation and low carbon . We look forward to advancing our relationship with Victor. We are committed to being a long-term value investor and strategic partner whilst encouraging Victor's entrepreneurial spirit and drive."

Victor, headquartered in London and with global, 24-7 offices in New York, and California, has now raised $44.45m of funding to date since its launch in 2011. The company hit its sales revenue forecast of $39m for 2016 and, enjoying a strong 2017 to date, is on target for a full year of over $60m. Last month, Victor expanded its Manhattan base to accommodate a rapidly-expanding team of 25 sourcing, flight management and customer service experts. The team, more than doubling in size, will support Victor's ongoing expansion across North America.

*  Deloitte UK Tech Fast 50 2016

About Victor  flyvictor.com

Victor is a leading on-demand B2C jet charter platform driving disruption across the private aviation industry. Launched in 2011, the company's B2C offering rewrote the jet charter rulebook with a fully-transparent, subscription-free, globally 'on-demand' marketplace allowing members to swiftly check pricing options and aircraft specifics before booking the flights they need. Victor's unique combination of smart technology and exceptional 'high touch' customer service, means that its B2C customers – with access to thousands of aircraft via a global network of over 200 partner operators – are always connected and in control.