Lincoln Private Jets

Lincoln Private Jets

Closed: Jan. 2023

About this raise

Lincoln Private Jets, with a valuation of $48.9 million, is raising funds on NetCapital. It is a membership-based subscription service for private jet travel. The company provides a seamless travel experience with its mobile app and dedicated member advisors. The suite of services offered by Lincoln Private Jets includes on-demand flights, aircraft management, retail and wholesale charter, and signature events and experiences. Lincoln Private Jets has entered into an LOI with Bombardier and an agreement with Jet Aviation. Barry Cohen and Arthur Bernstein founded Lincoln Private Jets in August 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,999,999. The campaign proceeds will be used for research and development, marketing, technology tooling and software, and other expenses.

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Investment Overview

Invested this round: $62,095

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
09/20/2022
Close Date
01/21/2023
Min. Goal
$10,001
Max Goal
$1,999,999
Min. Investment

$101

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.35

Pre-Money Valuation

$48,903,750

Company & Team

Company

Year Founded
2020
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
West Palm Beach, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Barry Cohen
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$4,233
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-50,795

$-10,346

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$140,569

$5,155

Short-Term Debt

$127,856

$0

Long-Term Debt

$70,643

$0

Total Liabilities

$198,499

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/21/2023 Netcapital $48,903,750 $62,095 Equity - Common Funded RegCF
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Add to portfolio
Lincoln Private Jets on NetCapital 2022
Platform: Netcapital
Security Type: Equity - Common
Valuation: $48,903,750
Price per Share: $1.35

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Follow Lincoln Private Jets on NetCapital 2022

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Warning: according to the close date for this deal, Lincoln Private Jets may no longer be accepting investments.

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