In today’s sharing economy you can swap apartments, cars, meals, and parking spots. So it’s only natural that boat owners would want to get in on the sharing experience.
For those looking to get out on the water this summer but don’t have a boat of their own, two startups operating in the city are ready to bring the best of Ainbnb to the lake.
The first, GetMyBoat, launched in 2013 and has 30,000 boats listed in more than 100 countries. The company says it’s the largest boat rental marketplace in the sharing economy, and it has raised a total of $2 million in seed and angel funding. It rents sailboats, jet skis, powerboats, fishing boats, houseboats, yachts, stingray tours, and flyboards, and boats can be priced by the hour, day, week, or per person.
GetMyBoat has a number options in Chicago and an iOS and Android app to secure a rental from the palm of your hand.
The second is Boatbound, a startup that just recently launched in Chicago and has raised $4.5 million since it launched in 2012. The company has a number of Chicago boats available, ranging from $200 a day to upwards of $2,000 for an outing.
Both startups are meant to give people more access to available boats, but they also give boat owners a way to make some extra income when they’re not on the water. GetMyBoat says the average boat owner only uses their boat 8% of the year, so renting it out is a decent way to make some extra cash.
So if you’re looking to make the most of Lake Michigan this summer, a boat rental startup could be the way to go.
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