Floatist secures six-figure funding round and launches new system

Floatist, a fleet management software company, has completed a six-figure funding round aimed at accelerating its growth and supporting the development of a new inventory management system. This new feature is expected to enhance the platform’s value for its expanding customer base.

The funding round was led by Arjen Heeres, CEO of decide4AI and a seasoned leader in software sales. His involvement underscores confidence in Floatist’s potential to disrupt the yacht charter industry. The capital raised will enable Floatist to expand its team and accelerate the rollout of new features, with a focus on the upcoming inventory management system.

Founded in 2022, Floatist’s comprehensive fleet management platform aims to address common pain points for fleet operators, offering a streamlined solution that integrates check-in processes, scheduling, paperwork, team communications, and maintenance management.

After launching its ‘Extras’ feature in June 2024, which enables clients to request last-minute charter items weeks in advance, Floatist is now introducing a new inventory management system.

This feature is designed to streamline how charter operators manage their stock levels.

The new inventory management system, set to be fully integrated with Floatist’s existing task management platform, responds directly to customer feedback and aims to simplify stock management for charter operators.

“Managing stock levels is a significant challenge for many charter companies, and there’s currently no solution that integrates this functionality with the operations and task management,” says Floatist co-founder, Cindy Allis. “Our advanced operations and task management system, combined with the new inventory management feature, will be key to our customers’ success and will set Floatist apart from competitors.”

Floatist customers

Floatist’s platform is currently used by approximately 600 yachts, with hundreds of yachts and charter guests using their check-in system per week. As Floatist continues to build momentum, the company projects significant growth over the coming years. Floatist expects to double its annual recurring revenue in 2024 growing 100 per cent this year compared to 2023 and anticipates another 50 per cent growth in 2025.

Allis adds: “With the successful round of funding and a growth trajectory aimed at 50 per cent in 2025, we are excited to continue scaling our solutions, driving innovation, and delivering exceptional value to our customers. This is just the beginning of our journey to redefine industry standards and solidify our leadership in the market.”