Boatbound Signs Partnership with Dominion Marine Media

Boatbound, a company that recently ran a successful equity crowdfunding campaign on OurCrowd raising just under $1 million, has signed a significant agreement with Dominion Marine Media.  Dominion is the parent company of well known publishing titles such as YachtWorld, BoatTrader and Boats.com.  The partnership will create a symbiotic arrangement that introduces Dominion’s visitors to the BoatBound application. Boatbound has been described alternatively as the AirBnB of boats or the UBER of boats.  The service allows boat owners, both small cruisers to mega yachts, the ability to rent or lease the boats during times when the boats are not in use.   Boatbound is leading the charge in disrupting the yachting / boating industry making it more accessible for consumers and providing a new income stream for owners.  Introducing nearly 5 million monthly unique affinity customers to Boatbound is a natural partnership.

Quoted recently, Ian Atkins from Dominion Marine Media stated;

“We have been watching the emergence of the sharing economy in boating and are excited to see the concept gaining traction through Boatbound. We are impressed by Boatbound’s business approach and the experience of their key executives, and we are keen to support their drive to grow the boating audience in general. Not only is it in the best interests of all our customers, we also enjoy seeing more people than ever getting excited about the boating lifestyle.”

The sharing industry has quickly become a highly dynamic and lucrative market. Boating is an estimated $6.9 billion industry that was ripe for disruption.

Following the successful crowdfunding round, leading industry manufacturer Brunswick joined in on a follow on round of financing that also involved equity crowdfunding platform OurCrowd.

Boatbound has quickly expanded to 45 states and are in the process to role out their service into international markets.