Boatsetter

Boatsetter

#1 boat rental community connecting boat owners, boat captains and anyone who seeks a water-ful experience. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues7.4m7.7m10.1m12.0m14.5m15.1m
% growth-4 %32 %19 %21 %4 %
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Recent News about Boatsetter

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Boatsetter is a dynamic startup that operates in the boat rental and charter market. Founded in 2012, the company has revolutionized the boating industry by making it more accessible and affordable for everyone. Boatsetter connects boat owners, renters, and licensed captains through its user-friendly online platform, allowing people to rent boats with or without a captain. This service caters to a wide range of clients, from first-time boaters to seasoned enthusiasts, and includes options for various types of boating experiences such as fishing charters, luxury yacht rentals, and party boat rentals.

The company operates in a global market, with over 50,000 boats available in more than 700 locations worldwide. Major locations include popular boating destinations like Miami, Fort Lauderdale, Seattle, Chicago, and New York City. This extensive reach ensures that potential renters can find a boat near them, no matter where they are.

Boatsetter's business model is based on a peer-to-peer (P2P) marketplace, similar to how Airbnb operates for home rentals. Boat owners list their boats on the platform, and renters can browse and book these boats for various durations and purposes. The company makes money by taking a commission from each rental transaction. Additionally, Boatsetter offers optional insurance coverage for both boat owners and renters, providing peace of mind and added security for all parties involved.

The platform also supports a network of licensed captains who can be hired to operate the boats, making it easier for those without boating experience to enjoy a day on the water. This feature not only enhances the user experience but also provides an additional revenue stream for professional captains.

In summary, Boatsetter has successfully created a comprehensive and accessible boating ecosystem that benefits boat owners, renters, and captains alike. By leveraging technology and a community-driven approach, the company has positioned itself as a leader in the boat rental industry.

Keywords: boat rentals, yacht charters, peer-to-peer, boating experiences, global market, licensed captains, insurance coverage, user-friendly platform, community-driven, accessible boating.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Boatsetter

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Boatbound
ACQUISITION by Boatsetter Aug 2017
Cruzin
ACQUISITION by Boatsetter Sep 2015