Founded by two French entrepreneurs, Edouard Gorioux and Jérémy Bismuth in 2013, Click&Boat a boat hire platform is built on a simple idea. Millions of boats remain idle at ports around the world, incurring maintenance costs for their owners. The platform matches boat owners who want to earn extra income with sailing enthusiasts who can rent a boat at surprisingly low costs.
In an attempt to expand its market, the ‘Airbnb of seas’ startup has recently acquired Scansail, one of its main competitors in Germany. Post-acquisition, the German company will continue to operate as a separate brand, based in its current HQ in Hamburg.
Expansion on cards!
As Click&Boat’s first international acquisition, the deal marks the launch of an ambitious expansion plan, coming on the back of a €4m funding round completed in 2018. Further expansion is expected in other fast-growing markets, including the UK, the US, Italy, and Spain.
The deal, sealed this week after a few months of negotiations, follows a series of acquisitions of the French companies that have helped Click&Boat consolidate its position as France’s top boat rental platform.