BoatBureau is an online marketplace founded in 2012 that aggregates global boat rental listings into a single platform. It maintains a catalog of around 17,000 vessels and works exclusively with professional fleets. The startup serves a diversified customer base across more than 80 countries, with Italy the largest market; roughly 70% of bookings come from Europe and 30% from the Americas. The platform has nearly doubled its revenue each year and expected to close the year with revenue near €5 million, representing roughly 80% growth. BoatBureau plans to use new funding to finance growth, invest in marketing and technology, and strengthen its team. The four founders, led by Pep Mercadé, retain majority ownership after the financing. The company is headquartered in Barcelona and operates in the internet/boat-rental sector. BoatBureau is an online boat-rental platform founded in 2011 in Barcelona that provides access to a global fleet offered by professional owners. The platform aggregates more than 16,000 vessels from over 400 professional owners across about 100 countries, with real-time online availability and an available online fleet of 4,500 boats expected to rise to ~9,000 by early 2016. Since launching activity in 2013 the company has completed more than 1,000 rentals and is approaching €3 million in revenue; sales grew over 200% in 2014 and were projected to double again in 2015. BoatBureau has positioned itself as a leader in Spain for 10–20 meter boats while operating globally and plans to expand vessel types, length ranges and destinations. The company intends to invest in web technology to provide a fully automated rental service, improve usability and transactional capabilities, and deploy an ambitious digital marketing plan. It also plans to adapt its organizational structure to absorb the expected sales growth and accelerate international expansion.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2017