Boatbound offered up equity this past year on crowdfunding platform OurCrowd. The young company went on to receive a significant investment, in the amount of $2.3 from Brunswick – the maker of many well known boat brands.
The company notes that most boat owners only use their boat 14 times per year. That makes for quite a few boats floating in the marina instead of cruising around enjoying the ocean. Boatbound wants to be the solution for those of us who do not want to own a boat but would like access to a boat – while generating income for owners. Kind of like AirBnB for boats.
Aaron Hall, co-founder and CEO of Boatbound shares how a boat owner potentially can offset the entire cost of a boat by using their service. Boatbound is adding thousands of boats to their platform each month.
Watch the pitch video from CNBC below.
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