Zizoo
9 Ohlauer Str., Berlin, 10999, Germany
Overview
Zizoo is a Berlin-based, SaaS-enabled global marketplace for boat rentals and on-water experiences. Its platform lists more than 40,000 boats across over 1,000 destinations and is used by more than 4,000 boat operating companies worldwide, serving customers in more than 30 countries. The platform lets travelers search and book all types of boat vacations with or without crew in a click. Founded in 2014, Zizoo aims to lead the digital transformation of the boat-rental market and continues to add to its boat fleet to reach more customers. The company recently received $7.5 million of non-dilutive growth capital to fuel expansion. Zizoo says the funding and Liquidity Group’s "Liquidity Analysis" validated its plans and will help scale its ability to serve more customers. Zizoo positions itself as a "booking.com for boats," offering a search-and-book platform for a range of sailing experiences from novice to experienced and from budget to luxury. The platform aggregates about 1,500 charter companies and more than 21,000 boats across 30 countries. The team is roughly 60 people and registered users passed 100,000 this year; the company reports 2.5x year‑on‑year revenue growth for the past three years. Zizoo operates a vertically integrated model, providing suppliers with a booking management system to simplify bookings. The company plans to use new funding for market expansion, product development and recruitment, with a focus on strengthening its US presence and growing inventory in Greece, Spain and the Caribbean. Management intends to hire about 40 more employees over the next year to meet rising demand among millennial travelers. Zizoo operates an online boat-rental and charter-management platform that gives boat operators direct access to a global market and lets customers instantly book 8,000 boats in 25 countries, with or without crew. The company aims to make boat holidays mainstream and affordable for a mass audience, serving customers predominantly from Germany, Austria, the UK and the USA. Zizoo reported a 35% average monthly growth in bookings in 2015 and is focused on scaling operations and creating a strong market position. Funds from the current round will be used to expand in core markets, pursue growth in the USA, and recruit talent with digital backgrounds. The company is based in Berlin with offices in Vienna and Zagreb and was founded in 2013.
- Total raised
- $17M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Dec 2021
Industries
- Location Based Services
- Rental
- Sailing
- Travel
Recent funding
Equity
Dec 2021
$8M
Series A
Nov 2018
$7M
Equity
Jul 2016
$2M