Zizoo Rocks the Boat Industry After Closing EUR6.5m Series A Round

Berlin (ots/PRNewswire) -

The leading global boat holiday platform, Zizoo, will double its
size in 2019 to keep up with the booming demand for sailing
experiences

Zizoo (https://www.zizoo.com/), the leading global boat holiday
platform, today announced it has completed a EUR6.5m Series A
financing round. As a result of a successful performance marked by
accelerated growth and the leading market position, the round was
significantly oversubscribed. Revo Capital led the round with
participation from new investors such as Coparion, Check24 Ventures
and PUSH Ventures. They joined returning investors such as MairDumont
Ventures, aws Founders Fund, Axel Springer Digital Ventures,
Russmedia International and others to usher in a new era of boat
holidays under Zizoo's transformative business model. The funds will
be used to expedite Zizoo's global expansion into new markets,
product development and the recruitment of top talent across all its
departments. Zizoo will hire 40 more employees over the course of the
next year to meet the booming demand for sailing experiences,
especially among millennials.

(Logo: https://mma.prnewswire.com/media/788870/Zizoo_Logo.jpg )

"The yacht charter market is one of the most underserved verticals
in the travel industry despite its huge potential. We believe in
Zizoo's successful future as a leading SaaS-enabled marketplace,"
said Revo Capital's managing director Cenk Bayrakdar.

"The success of this funding round is a great recognition of the
Zizoo team's efforts over recent years, and we are very excited to
follow Zizoo as the market leader," said Daniel Gundel from
MairDumont.

Anna Banicevic, Zizoo's CEO, added: "With millions of annual
website visits and fantastic revenue growth rates, we will continue
to empower yacht charter companies to meet the massive market
opportunity represented in millennials."

Boat Holidays: The Next Big Thing in Travel

"We have witnessed the market demand with millennials first-hand
when 85% of our customers are first-time boaters and majority are
between 20 and 40 years old," said Banicevic. Millennials' increasing
demand for boat holidays and sailing experiences provides a major
opportunity for charter companies and boat owners to increase their
revenues. Zizoo's booking simplicity provided by direct supplier
partnerships result in an impressively high-rate of returning
clients. In the coming months, Zizoo will be expanding its product
portfolio to include more luxury options, river cruises, mini-cruises
and nautically-themed experiences.

About Zizoo

Zizoo (https://www.zizoo.com/) is a Berlin-based travel startup
that connects charters with travelers looking for bespoke boat
holidays. Since it launched in 2015, Zizoo has successfully turned
boat holidays into a mainstream phenomenon making sailing experiences
accessible for everyone from experienced sailor to novice with both
luxury and budget options. Zizoo has 60 employees, works with 1,500
charter companies and has more than 21,000 boats in 30 countries with
over 25,000 reviews.

Read more about the leading boat rental platform at
http://www.zizoo.com.

Contact:

press@zizoo.com

ots Originaltext: Zizooboats GmbH
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Laurie Rojas
PR Manager
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Original-Content von: Zizooboats GmbH, übermittelt durch news aktuell