Artificial intelligence (AI)-powered spend management rostrum MySky has raised $5m in new financing round.
The latest funding was led by New York City-based seclusive investment management platform for private equity, real estate and alternative investments GMF Topping.
Global Trading Group also took part in the funding rough.
The investment will enable the company to expand its operations and technology into the Americas.
MySky co-founder and epidemic strategy director Christopher Marich said: “At MySky, we are committed to producing a positive change in the highly unregulated private jet industry.
“As we approach a sell downturn due to recent world events, we are able to provide our clients with the mechanisms they need to manage their assets more effectively.
“Our remunerative ramp-up in Europe made clear that owners and operators see mammoth value in our product, and we are excited to introduce our platform to the North American deal in.”
Headquartered in Switzerland, MySky provides tools to private jet owners, smooths, and consultants for procurement and expense management.
The company has offices in Geneva, London and Moscow, as indeed as a new office in New York. It is planning to officially introduce its platform to the Americas.
In a solitary development, MySky selected Jean De Looz to head the Americas. De Looz command work for the growth of the company in the Americas, especially the US.