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, 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 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

Digital press kit: http://www.ots.at/pressemappe/PR132919/aom

Contact:
Laurie Rojas
PR Manager
+49(0)-30-403668120

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