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Tag Archives: Boatsetter

Boatsetter positioned for future growth with recent consolidation

The boat sharing marketplace has experienced consolidation over the past two years. In 2015, Boatsetter and Cruzin announced they were merging companies, under the Boatsetter name with Cruzin’s look and feel. And last month, Boatsetter acquired Boatbound. With the newest acquisition, Boatsetter will be doubling its inventory and entering new markets. “Our mission is to make boating available to anyone, ...

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Boatsetter acquires Boatbound, prepares for international expansion

Boatsetter has acquired fellow boat sharing marketplace, Boatbound. The announcement comes as the company extends its Series A round, adding $4.75 million in funding to the $13 million the company raised in December 2016. Key investors of the most recent round include The Valley Fund and The Venture City. Acquiring Boatbound is a key step for Boatsetter as the company begins ...

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Boatsetter partners with GoFree

Boatsetter announced that it is partnering with GoFree – the provider of digital content and services and part of the Navico family of marine electronics brands including Lowrance, Simrad and B&G. The peer-to-peer boat rental company selected GoFree Track and GoFree Vessel solutions as the recommended vessel tracking and remote management solution for its global network of owners. GoFree Track is ...

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Boatsetter receives $13 million in new funding

Boatsetter announced Tuesday that it has completed $13 million of Series A funding that will help the company aggressively expand its sales and marketing efforts as well as broaden and accelerate its operations in the United States, according to an article in The Miami Herald. The investment round includes existing and new investors, including Great Oaks Venture Capital, Stanford University ...

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Boatsetter expands to Puerto Rico

Boatsetter announced the formation of a new partnership with Wally Castro Marine in Fajardo, Puerto Rico. Boatsetter’s online platform connects boat owners to renters, giving vacationers and residents more accessible boat rental options, while providing boat owners with a way to monetize their boat when it’s not in use. “Boatsetter’s partnership with Wally Castro provides vacationers in Puerto Rico who ...

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Women Making Waves: Jaclyn Baumgarten

Jaclyn Baumgarten CEO/Co-Founder, Boatsetter Education: Stanford Graduate School of Business, M.B.A. 2005; Wellesley College, B.A. 2000, Dual major in Political Science and Spanish. Years in the marine industry: 5 What are some of the biggest lessons you have learned working in the marine industry? The marine industry has a powerful network and by tapping into that network and gaining the ...

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Weekly 5: Idaho boat builder indicted on fraud charges

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. Idaho boat builder indicted on fraud charges Christopher Bohnenkamp, former owner of Bohnenkamp’s Whitewater Customs, Inc. and Treasure Valley Marine, Inc., was indicted last week by a federal ...

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Boatsetter to offer boat rentals to Cuba

Boatsetter will be providing boat rentals and on-the-water experiences for researchers, government officials and vacationers wanting to visit Cuba. The team of experts from the boat rental community includes boat owners and captains who know the Southern waterways, Cuban hotspots and what needs to be done before setting sail. Boatsetter is offering to walk customers through the process of filling ...

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Boatsetter partners with Sea Tow

Boatsetter, a boat sharing community that connects renters to boat owners and Coast Guard licensed captains, has partnered with on-water assistance provider Sea Tow. “By aligning with Sea Tow, Boatsetter continues to focus on its commitment to provide customers with the safest boat rental experience available. We want Boatsetter customers to know that we are working with top on-water service ...

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Boatsetter adds former chair of JPMorgan Chase as board observer

Boatsetter.com, an online peer-to-peer boat-sharing marketplace, welcomes Douglas ‘Sandy’ Warner, former chair and CEO of J.P. Morgan and chair of JPMorgan Chase, to its advisory board, where he will serve as a special advisor to the CEO and as a board observer. In addition to his leadership at J.P. Morgan and JPMorgan Chase, Warner served as a director of General ...

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