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Click and Boat

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Click&Boat
FoundedSeptember 2013; 11 years ago (2013-09)
FoundersJeremy Bismuth
Edouard Gorioux
Headquarters
Paris
,
France
Number of employees
110
Websitewww.clickandboat.com

Click and Boat (aka Click&Boat) is a company based in Paris that operates a boat rental platform, enabling private and professional boat owners to rent out their boats to holidaymakers and other sailing enthusiasts, based on the sharing economy model.[1][2] The company was set up in September 2013 by French entrepreneurs Edouard Gorioux and Jérémy Bismuth.

Click and boat are highly profitable as they charge inflated markups on any booking. We have examples of customers whose €500 cruise has been inflated to €700 because they used clickandboat

In August 2018, the platform featured 22,000 listed boats in Europe and globally, accessible to more than 200,000 registered members.[3][4] The platform is available in English (US, UK and international business English), French, German, Spanish, Italian, Russian, Greek, Dutch and Polish.

History

Jérémy Bismuth and Edouard Gorioux, two entrepreneurs from Marseille and Britanny respectively, set up Click&Boat in September 2013, launching the website on December 2013.[5] The startup raised €200,000 from private investors in April 2014.[2] A month later, Click and Boat joined the incubator of Paris Dauphine University with five members of stuff. By June 2014, more than 500 boats in France and Europe were available on the platform. The company offers a wide range of boats, from speedboats to houseboats (barges).[6] In December 2014, one year after the launch of the platform, Click and Boat launched its first mobile application.[7] Between July 2014 and July 2015, the company grew by 1,000%.[8] By September 2015, boat owners listing their boats on the platform had earned €2m, while the company raised €500,000 in December 2015 to expand its services.[9] The same month, the Click and Boat team took part in the Paris International Boat Show.[10] In November 2016, the company bought its French competitor Sailsharing and established itself as the leader in peer-to-peer boat rental in France, increasing its boat listings by 30%.[11][12][13][14] The same month, shortly before its participation in the Salon Nautique International of Paris, the startup announced a funding round of €1m raised from OLMA Fund to accelerate its international development, bringing the total amount of raised capital since its launch to €1.7m.[12] The company launched its US homepage in February 2017. Overall, bookings made in 2017 were worth €15m.[3]

In November 2017, Click and Boat announced the opening of the platform to professional yacht charter companies, with a target of 30,000 listed boats in 50 countries by the end of 2018.[15] Two months later, in January 2018, French sailor Francois Gabart joined the company as shareholder and official ambassador, listing his own boat on the platform.[16]

In June 2018, Click&Boat raised €4m from previous investors to accelerate its international development.[4][17] The company's co-founder Edouard Gorioux said to CNN: "Our target is to become the international leader, as Airbnb is for apartments".[16] The majority of bookings are made by non-French customers.[4] The company opened an office in Marseille in March 2019, hiring 50 new members of staff.[18] Marseille is close to the Calanques, a popular boating destination in Southern France.[19] In August 2019, the platform offered more than 30,000 boats in over 50 countries worldwide.[20]

Business Model

Click&Boat connects private and professional boat owners with sailing enthusiasts. The former can thus make a profit out of their vessels, since these can often be expensive to maintain and leave the marina 10 days per year on average.[16] Hiring a boat through a private owner can be up to three times cheaper than doing this through a professional company.[21] The company's business model is based on two concurrent trends: the collaborative consumption or sharing economy, where use as a service is preferred over ownership, and the rise of online tourism through travel websites. CNN referred to the company as ‘the Airbnb of the Seas’, while The Times dubbed it ‘the Uber of the boating world’.[16][21] Since 2015 the company has been running a profit, doubling its turnover on an annual basis.[4]

Operation

Owners can choose to rent out their boats with or without skipper, or alternatively be on board with the renter.[22] In most locations, daily insurance covering all risks is provided through the company's partnership with Allianz.[23]

Awards

In 2016, the startup was included in Frenchweb's FW500 ranking, featuring the top 500 French digital companies.[24] The French newspaper L'Express ranked Click&Boat as one of its top 200 startups for the same year.[25]

References

  1. ^ "Click & Boat, veut devenir le "Airbnb" de la location de bateaux".
  2. ^ a b Harmant, Olivier. "Click & Boat, plateforme de location de bateaux entre particuliers, lève 200 000 euros". www.frenchweb.fr.
  3. ^ a b "Yacht-sharing startups vie to rule the waves". June 21, 2018 – via The Economist.
  4. ^ a b c d "French startup Click&Boat raises €4 million for its international boat rental platform". Tech.eu.
  5. ^ "Click & Boat, une plateforme de location de bateaux entre particuliers, Jérémy Bismuth, dans GMB –".
  6. ^ "How to live like a billionaire on the cheap". The Guardian.
  7. ^ "Sept applis qui facilitent les voyages".
  8. ^ "Des news de la startup Click & Boat - J'aime les startups".
  9. ^ http://startuppers.eu/2015/12/29/french-peer-to-peer-boat-rental-startup-click-boat-raises-e500000-in-funding/
  10. ^ "Home". Nautic, salon nautique de Paris.
  11. ^ "Nautisme : Click & Boat rachète son concurrent Sailsharing".
  12. ^ a b "France's Click & Boat raises $1 million for its Airbnb for boats service". 8 January 2017.
  13. ^ "Le site de location CLICK AND BOAT rachète SAILSHARING, FUSACQ Buzz". www.fusacq.com.
  14. ^ "Location de bateaux entre particuliers, le marché se structure".
  15. ^ "Click & Boat s'ouvre aux loueurs de bateaux professionnels".
  16. ^ a b c d Rossingh, Danielle. "Setting sail with the 'Airbnb of the seas'". CNN.
  17. ^ "Click&Boat sails off with a €4 million investment".
  18. ^ Rédaction, La. "Start-up : Click&Boat arrive à Marseille et cherche 50 collaborateurs". TourMaG.com, 1er journal des professionnels du tourisme francophone.
  19. ^ "Traveling to Marseille? Here are 20 things to know before you go". Roads & Kingdoms. February 20, 2019.
  20. ^ "Cruise news: The ancient temple city, sailings on the Rhine and more".
  21. ^ a b Craig, Duncan (July 23, 2017). "Putting the sharing economy to the test on the French Riviera" – via www.thetimes.co.uk.
  22. ^ "Click & Boat, la co-navigation pour partager son bateau". Ouest-France.fr. January 12, 2014.
  23. ^ "Allianz France signe un partenariat avec Click&Boat, leader sur le marché de la location de bateaux entre particuliers - Espace presse | Allianz". www.allianz.fr.
  24. ^ Menneveux, Richard. "[FW500] Le classement des 500 premières entreprises de la Tech française". www.frenchweb.fr.
  25. ^ "Le top 200 des start-up en 2016". 28 November 2016.
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