Peer to Peer Boat Sharing Platform Boatbound on Powerpitch (Video)

90 ft Eagle Custom on Boatbound

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.

Aaron Hall BoatboundThe 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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