Boatsetter Raises More Money, Keeps Growing
Boatsetter, the innovative boat renting company, is getting bigger and better. Founded in 2014, Boatsetter just raised $36 million in Series B funding to support further growth. The new funding came from Level Equity, Suntex Marinas, Certares and other companies in a placement by J.P. Morgan Securities LLC. Boatsetter’s announcement said the funding will enable it to expand its features, boat inventory and “experiential offerings.” Boatsetter, basically an Airbnb on the water, now has more than 50,000 boat listings in 700 locations around the world. The company, based in Fort Lauderdale, says it offers the most diverse collection of boat…