The round was co-led by Level Equity, with participation from Suntex Marinas, Certares and others. The Digital Private Markets team of J.P. Morgan Securities LLC served as the sole placement agent for the deal. The Series B funding will enable Boatsetter to enrich the product features, boat inventory, and experiential offerings that have drawn over one million boaters and boat owners alike to the Boatsetter community since launch, as well as to bring Boatsetter to new markets across the globe.

With more than 50,000 boat listings available in over 700 locations worldwide, Boatsetter is the leading marketplace for on-the-water experiences and boat rentals. Boatsetter makes it easy to discover and enjoy a wide array of on-water experiences by connecting qualified renters directly to boat owners and licensed captains. Featuring the largest database of USCG-certified captains, Boatsetter makes it possible for even those with no prior boating experience to tap into an incredible array of water activities. Credited with pioneering the first ever peer-to-peer boat rental insurance policy, Boat setter has empowered boat owners with the tools and support to become entrepreneurs on the water.