Boatflex ApS

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Boatflex ApS - overview

Established

2014

Location

-, -, Denmark

Primary Industry

Internet

About

Boatflex ApS is a Danish boat rental platform that connects boat owners with renters, providing a variety of boating options across Europe, enhancing accessibility to leisure and corporate boating experiences. Founded in 2014 in Denmark, Boatflex ApS operates as a boat rental platform, focusing on connecting boat owners with renters. The company has raised a total of EUR 0. 680 mn in funding, primarily through a SEED round led by SEED Capital on March 24, 2017.


The founders are Jakob Bojesen and Jes Brinch, with Susan Nørgaard currently serving as CEO. Boatflex has completed 3 deals since its inception. Boatflex offers a comprehensive boat rental platform, allowing users to search and rent from over 15,000 boats across European destinations, including Croatia, Greece, Spain, Italy, and Denmark. The service lets users create a "Smart Booking" to receive tailored offers from boat owners, catering to a diverse clientele from individual recreational renters to businesses seeking vessels for events.


In 2022, Boatflex reported an EBITDA of EUR -496,055. 6, indicating ongoing investment in growth and platform development. Revenue is generated primarily through transaction fees on boat rentals, where owners and renters interact directly to finalize bookings, fostering a flexible pricing structure based on listing detail. Boatflex plans to utilize its recent funding from the SEED round to enhance its platform and expand into additional European markets.


The focus will be on launching new products designed to improve user experience and increase market reach. The company aims to implement these strategies following its latest funding round in March 2017, with an emphasis on geographic expansion to further capitalize on the growing demand for boating services.


Current Investors

SEED Capital, VentureFund.io

Primary Industry

Internet

Sub Industries

Search Engines, Social Networking & Communication Platform

Website

www.boatflex.com

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Boatflex ApS - financials

Fiscal Year EndedDec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)---------
% Revenue Growth (YoY)---------
EBITDA (USD)(47,187)(1,325,684)(2,673,318)(10,000)(11,905,041)(2,218,464)---
Operating Income (USD)(47,187)(1,325,684)(2,673,318)(10,000)(11,905,041)(2,218,464)---
Operating Margin---------
% EBITDA Margin---------
NET Income (USD)(37,178)(1,056,904)(2,969,215)(9,748,500)(11,906,172)(2,219,800)---
% Net Margin---------

Boatflex ApS - employee data

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Boatflex ApS - key contacts

NamePositionStart DateEnd DateVcardBio 
Chairman of the BoardBM

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