Borrow A Boat (BaB) is a boat charter company that allows customers to book boats of all types online for charter - whether a short-notice request for day hire, a long weekend on board, or a 7-14 day boating trip for an upcoming summer holiday. The company asserts that it is the UK's leading boat charter marketplace with access to over 35,000 boats listed in 65+ countries. BaB was the headline sponsor of the UK's biggest boat show in 2019 - the Southampton International Boat Show. It claims that the global yacht charter market is projected to reach $25 billion by 2027. BaB aims to make boating easier than ever for people and become the segment leader. The company intends to launch into eight new countries in 2021. It will use 60% of the investment for paying its in-house tech team who are developing the user experience and automation of the BAB portal and app, 35% for digital marketing including content, and 5% towards covering company overheads such as accounting and legal.
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£24,750,000
pre-money valuation
1.00%
equity available
382
investors
£1,313
pledge per investor
10490013
company number
Administration
company status
21/11/2016
incorporated 8 years
Previous Funding rounds
20 Apr 24 | Seedrs | £501,710 / 201% | |
20 Apr 24 | Crowdcube | £1,325,390 / 106% | 67.00% |
20 Apr 24 | Crowdcube | £1,496,600 / 249% |
Officers
News
Borrow A Boat acquires German counterpart Zizoo - Short Term Rentalz
07/03/2024 Short Term Rentalz
Borrow A Boat to continue trading 'uninterrupted' - Practical Boat Owner Magazine
25/05/2023 Practical Boat Owner Magazine
Borrow A Boat Acquires KellyBoat - Trade Only Today
11/03/2024 Trade Only Today
Borrow A Boat Group Announces US Acquisition - Business Wire
27/09/2022 Business Wire
Borrow A Boat: Inside the story of the Airbnb of yachting - Boat International
04/01/2021 Boat International
Borrow A Boat acquires accommodation platform Beds on Board - PhocusWire
07/03/2022 PhocusWire
Borrow A Boat Crowdfunding on Seedrs - Classic Boat
07/01/2021 Classic Boat
Borrow A Boat, the ‘Airbnb’ of boats, smashes crowdfund, raising over £3million - Business MattersBusiness Matters
28/06/2022 Business MattersBusiness Matters
Borrow A Boat buys Peer-To-Peer Platform Beds On Board offering 'Another Way To Stay' - Sail World
04/03/2022 Sail World
Amsterdam's Airbnb for boats Barqo acquired by London-based Borrow A Boat - Silicon Canals
01/02/2022 Silicon Canals