Boatsetter
2024 Revenue
$14.9M(Est.)
Team
112
Founded
2013
Boatsetter Revenue (2024)
Boatsetter generated an estimated $14.9M in annual revenue in 2024. Source: GetLatka estimate
Boatsetter.com is owned by Boatsetter Inc., a Florida-based peer-to-peer boat rental company. The company was founded in 2013 and has a mission to make boating more accessible to everyone by connecting boat owners with renters. Boatsetter's platform allows boat owners to list their boats for rent, while renters can search for and book boats for a day, weekend, or longer. The company handles all aspects of the rental process, including insurance, payments, and safety training. Boatsetter's clients include boat owners and renters across the United States, as well as in several international markets. The company has partnerships with major boat manufacturers and dealers, and has received several awards for its innovative approach to the boating industry.
Last updated
Boatsetter Revenue
In 2024, Boatsetter's revenue reached $14.9M. The company previously reported $9M in 2023. Since its launch in 2013, Boatsetter has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Boatsetter Hit $14.9m revenue in October 2024 | Estimated |
| 2023 | Boatsetter Hit $9m revenue in November 2023 | Estimated |
| 2021 | Boatsetter Hit $7.1m revenue in April 2021 | Not recorded |
| 2013 | Launched with $0 revenue |
Founder / CEO
Michael Farb
CEO
Boatsetter named Michael Farb chief executive in January 2023, succeeding longtime CEO Jaclyn Baumgarten. The Fort Lauderdale, Florida company operates a peer-to-peer marketplace that connects boat owners with renters, aiming to make boating accessible without ownership. Farb previously led Neon One, a software platform for nonprofit fundraising, and earlier in his career co-founded a college sports recruiting business. He studied at the University of Pennsylvania.
Boatsetter Employees & Team Size
Boatsetter employs approximately 112 people as of 2026, up from 100 in 2023, including 10 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 112 employees (December 2024) | Not recorded |
| 2024 | Reached 116 employees (October 2024) | Not recorded |
| 2023 | Reached 100 employees (November 2023) | Not recorded |
| 2023 | Reached 100 employees (July 2023) | Not recorded |
| 2022 | Reached 93 employees (November 2022) | Not recorded |
| 2021 | Reached 85 employees (November 2021) | Not recorded |
| 2021 | Reached 85 employees (April 2021) | Not recorded |
Frequently Asked Questions about Boatsetter
What is Boatsetter's revenue?
As of 2024, Boatsetter generated an estimated $14.9M in annual revenue.
When was Boatsetter founded?
Boatsetter was founded in 2013.
Who is the CEO of Boatsetter?
The CEO of Boatsetter is Michael Farb.
How many employees does Boatsetter have?
As of 2024, Boatsetter had 112 employees.
Where is Boatsetter headquartered?
Boatsetter is headquartered in Fort Lauderdale, Florida, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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