Florida – Leading online boat rental marketplace Boatsetter announced today that it has completed $13 million in Series A funding that will help the company aggressively expand its sales and marketing efforts as well as expand and accelerate its operations in the United States. The investment round includes the participation of existing and new investors, including well-respected venture capital investors such as Great Oaks Venture Capital, Stanford University DAPER Fund, ZG Ventures and Peninsula Ventures, as well as high-impact angel investors. Boatsetter, based in the boating capital of the world, is paving the way for the marine industry by providing users with access to the largest network of licensed captains and a global list of boat rentals for cruising, fishing, sailing and more.
‘We witnessed the tremendous presence and growth of Boatsetter in the boat sharing sector. We’re thrilled that his team of marine heavyweights and tech startup veterans is pushing globally for renters to experience yacht life, this time from just about anywhere in the world,” says Andy Boszhardt Jr. , Partner of Great Oaks Venture Capital ‘Boatsetter’s best-in-class marketplace tool is undoubtedly an outstanding player in the sharing economy. ”
As a leading peer-to-peer boating marketplace, Boatsetter has a previously complex, unattainable boat rental experience as seamless as Airbnb’s room booking. Thanks to its easy-to-use platform, users can go on boating adventures almost anywhere in the world, from the coastal waters of California to New York and from Spain to Brazil. Boatsetter is expected to host 10,000 high-quality rental boats, activate 200 marinas and connect boating enthusiasts to 2,000 captains in 2017.
‘We’ve taken boating from being a rare pastime for a lucky few boat owners to being a universally accessible lifestyle activity for anyone with a smartphone and a credit card,’ says Jaclyn Baumgarten, Co-founder and Chief Executive Officer of Boatsetter. ‘Now anyone who has ever dreamed of spending time on a yacht, or fishing, or sailing, or wakeboarding can finally do those things whenever they want, all across the United States, the Caribbean, and the Mediterranean. With our additional captain and local guide services, even people with no boating experience at all can realize their on-the-water dreams, safe in the hands of our certified professionals around the globe. ”
About the Boatshop
Boatsetter is the leading platform for boat sharing that offers a global fleet to choose from, connecting boat owners and licensed captains to charterers so that they can set sail on an adventure, regardless of the boating experience. Founded by industry veterans, the company also provides 24/7 support for customer service and offers best-in-class insurance coverage, both in the U. Oh, S And internationally, for renters, owners of boats and captains
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