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Airbnb for Docks and Boat Slips

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Security Type
Technology, Community & Lifestyle, Travel, Other
Min Investment
Towson, MD
Expected Close Date
April 29, 2024
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

Over 250 dock listings throughout the U.S. First revenue in under 2 years Experienced team has formed multiple successful businesses 120% increase in booking requests over the last 6 months Well-developed platform with 1200+ active users Recent Graduates of the 4th Wave of the esteemed Washington Maritime Blue Accelerator 20+ year veterans of recreational boating industry

Management Team / Advisory Board Bios

Nate Young Co-founder and CEOFlipped over 100 homes in Maryland // Owns 14 income generating properties // Bi-racial boater with a passion of bringing diversity into the recreational boating world, Gina Perrone Co-founder and COOReal estate investor, Founder of staging company, Lauren Pearlowitz Product ManagerSuccessful exit from another startup, works with a variety of international partners, Laura Scharle Marketing Coordinator & Customer Relations ManagerFounder of outdoor recreation company, Obtained Merchant Mariner Credential (OUVP/6PAK)

Amount Raised : $150,625
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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