Boataround
Invest in Boataround.com in the form of a loan with an attractive fixed return and premium.
Invest in the TOP 1 portal, which is visited by more than 19 million yachting enthusiasts every year and rents holiday boats, yachts, and catamarans around the world. Simply online.
The Boataround.com booking portal is one of the fastest-growing Slovak travel-tech companies. Customers can conveniently order a boat in 98 countries around the world from a catalog of more than 28,000 boats. The company is growing steadily and is one of the leading players in the European market with a TTV (total transaction value) of EUR 70.5 million in 2025. Tens of thousands of customers (mainly from Germany and Austria) use the service, and the company generates millions in revenue and maintains a stable margin.
Investment capital is primarily directed towards its long-term development and growth, which is also related to its current market position, where one of the largest players has ceased operations, creating room for even greater expansion for the company.
The current investment round in the form of private debt (loan), which will later be converted into digital DLT bonds, represents a short-term investment for 12-24 months, secured by a fixed interest yield and a premium (11% p.a. margin + 2.2% EURIBOR + 3 % p.a. premium) upon maturity of the loan. The company will use the capital from investors in the form of a loan (later bonds) to refinance the existing loan and as working capital for its growth.
Investment opportunity
Why invest
DLT (digital) bond
Market environment
About the company
Risks and scoring
🔴 Competitive risk (high)
The online brokerage market is characterized by low barriers to entry (lower capital requirements) and low costs for customers to switch to competitors. This increases pressure on margins and marketing expenses.
The risk is partially mitigated by Boataround's competitive advantages, such as dynamic pricing, a broad portfolio of boats and destinations, strong relationships with charter companies, and high customer satisfaction (Trustpilot rating of 4.5/5).
🔴 Cash flow risk (high)
Reservation payments and additional payments are spread over several steps throughout the year, which creates significant seasonality in cash flows and pressure on liquidity, especially in the fall and winter months.
The risk is partially mitigated by the fact that Boataround collects a substantial portion of the commission when the boat is booked, which reduces seasonal cash flow fluctuations and allows for better planning of operating financing.
🟡 Business model risk (medium)
Online boat rental brokerage is associated with significant seasonality and the risk that part of the customer base will switch to competitors.
This risk is mitigated by Boataround's strong market position and growing brand awareness, as well as year-on-year customer retention of approximately 60%, which supports organic growth and repeat bookings. We base our credit scoring on a combination of financial and non-financial indicators. According to our model, the credit score is D.
Risks and scoring are discussed in more detail in the Investment Information (IoI) document, which is available after a non-binding expression of interest to invest.
Investment involves the risk of partial or total loss of the invested funds. The investment opportunity in the target company is brokered through Crowdberry Investment Platform j. s. a.