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Successfully funded
Capital at risk
overfunded
Borrow A Boat
248%
Raised
£1,502,840
Investors
526
Target
£600,000
Equity
29.85%
Pre-money valuation
£3,500,000

Striving to be the Airbnb for boats, Borrow A Boat is an online boat charter marketplace for boat rental worldwide. Featuring peer-to-peer listings, Borrow A Boat is on a mission to open up boating to the masses and is returning to Crowdcube after a 234% overfunded raise in 2017.

  • Boat charter marketplace with peer-to-peer and commercial boats
  • Mobile app allows users to find and book boats near to them worldwide
  • Featuring all kinds of boat and watercraft from a SUP to a superyacht
  • Ahead of the 2018 target for bookings

Idea

Marinas all over the world are full of boats that hardly get used. Boat owners often struggle to find the time to use them. Boat ownership is a big commitment in terms of time and cost, and it’s not attractive to people who want instant access to boating.

Yet the charter market is limited…

- There are limited locations to charter from

- There’s a limited choice of boats

- There’s often a 7-day minimum booking and lack of flexibility

- There are few centralised sites where you can go to compare and book boats in person

Last year 18m people in the UK wanted to go boating, but only 4m did (ref: British Marine, Futures Project), which demonstrates how the boat industry is currently under-serving the market - especially in a smartphone age when people expect to be able to quickly organise activities via web or app on a fully flexible, customisable and affordable basis.

Borrow A Boat, the boat charter marketplace lists 16,000+ boats for charter, and let's private boat owners list their boat for charter. The Borrow A Boat Mobile App allows users to search for and book boats near to them in any of 60 countries worldwide, with same day boarding.

Two years old and growing, with an experienced entrepreneur at the helm, the company raised on Crowdcube a year ago and was 234% funded. A year, and ten times the bookings later, ahead of forecast, we're doing it again and invite you to jump on board.

THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE BY THE COMPANY RAISING FINANCE AS IDENTIFIED ABOVE (THE "COMPANY") IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY AND SUBJECT TO THESE TERMS AND CONDITIONS.  CROWDCUBE CAPITAL LTD IS AUTHORISED BY THE FCA AND CARRIES OUT DUE DILIGENCE ON EACH COMPANY THAT LISTS ON CROWDCUBE AS SET OUT HERE.
 
This investment opportunity is not an offer to the public and is only available to registered members of Crowdcube.com who have qualified and categorised themselves as able to invest.  The investment opportunity is not directed at persons located in the United States, Canada or Japan. Any person resident outside the United Kingdom who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict access.
In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "Securities") by the Company would be made, or any documentation be sent in or into, the United States, Canada or Japan.  There will be no public offering of the Securities in the United States.
 
In order to access the pitch you must first become a qualifying member of Crowdcube on the basis of your status as either (i) self-certified ‘high net worth investor’, (ii) certified ‘sophisticated investor’, (iii) self-certified as a ‘sophisticated investor’ or (iv) certified as a ‘restricted investor’, in each case in accordance with the FCA’s Conduct of Business Sourcebook Chapter 4.7.  Potential investors are encouraged to "cross examine" the Company by interactive due diligence and use of the available online forums to bring the "wisdom of the crowd" to bear.  Accessing the pitch also means you agree to Crowdcube’s most recent website terms and conditions and investor terms and conditions, which include Crowdcube's limitation of liability.
 
If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.  Crowdcube’s or the Issuer’s press announcements and this information page do not constitute an offer to sell securities of the Company.  Further, it does not constitute a recommendation by the Company, Crowdcube or any other party to sell or buy securities in the Company.
 
By registering or logging into Crowdcube.com to view the investment opportunity, you certify that you are legally entitled to view the investment opportunities, are an authorised investor and you agree to all applicable terms and conditions on this website, including this disclaimer.

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Successfully Invested
£627m+
Registered Investors
713k+