Business Description

Nauty 360 is an Airbnb for boat rentals and nautical experiences. We connect boat owners and nautical tourism operators with users who wish to carry out recreational, sport or business activities.

Our long term goal is to become a nautical hub where users can rent boats, buy / sell boats or any water related vehicle, get marina slots, purchase boat management software, insurance policies and so on. We will cover the entire planet through out platform beginning with Latin America, North America and Europe. In this way, we can have different sources of revenue besides the brokerage from boat rentals.

We have different distribution channels for acquiring users. Besides regular user acquisition through social media ads, we have partnered with travel industry players like OTA’s, traditional travel agencies, banks, and insurance companies so their users can access the boat rental industry thorugh Nauty 360.

Our company started in Cartagena, Colombia due to big problems, travelers faced when accessing this type of services. Also, boat owners started to get bored of their boat and ended up selling it up to 50 % less of the price they paid due to hight maintnance costs with little usage.

Problem

For one side, boat owners are constantly suffering for high maintnance for their boat from an asset that they only use 5 to 10 % of the time during the year. In other hand, boat rental services were only offered to high end costumers where middle class travelers did not have the accessibility and the resourses to rent a boat. In addition, users face a huge problem of disorganization and informality in the sector. Informal intermediaries increases the actual price of the rental up to 150 % of the real price and they are not offering boats certified to be chartered.

Solution

Through a web & mobile platform, we connect users directly with the owners, so they can see all the boats available to rent. They can obtain the real price of the services with no informal intermediaries and have total access to certified boats and experiences. In addition, we help boat owners to generate income to mitigate those high expenses renting their boat.

Business Model

How do we make money? our take rate is 20 % paid by boat owners for every booking received. The idea with launching our second version is to diversify our sources of revenue. This second version will include : buy/sell boats ( Commission per transaction ) – Insurance Policies ( Commission per policy issued ) – Marina Slots ( Commission per Slot Sold ) – Boat Management Software ( Fee per suscription x month ) – Boat parts and mechanics ( revenue x commission )

Our plan is to penetrate different players in economic sectors like banking, insurance, travel, credit cards, etc so we can offer the possibility to their users to rent boats in a easy and accssesible way through Nauty 360.

Market Projection

GMV Sales
2022 : 6,400.000 USD
2023 : 13,500.980 USD
2024: 27,753.949 USD
2025 : 56,988.949 USD

*Talk about the overall market within the industry as well as personal projections if you have some. This information is great, but you should refrain from using acronyms as investors may not know what you’re referring to. So try to write it out in sentence format.

Competition

Informal market ( Hotel Concierge, people working at marinas, tour operators )
www.Boatsetter.com
www.getmyboat.com

Our competition only rent boats and offer some kind of nautical experiences. They are only focused on their local markets ( United States ) so we see an awesome oportunity to cover other regions in the world and offer this type of experiences. In addition, the nautical industry not only is boat rental. we can to cover all neccesities of the recreational boating industry which generates 200 bn dollars a year.

*Talk about your competition in more detail. What do they do and how are you different from them? How to beat the competition.

Traction & Customers

Bookings completed: +5,100
Users: +8,800 active from 19 different countries.
Boats and Experiences: +456
Destinations: 53

Investors

We have raised $180,000 USD to date from various Angel investors as well as $100,000 USD from VCs.

Terms

SAFE contract.
20 % discount
Valutaion : 4,500,000 USD Post Money

Risks

Not reaching proyected sales which will mean a future down round
Another pandemic
Competition acquiring other key players in the industry