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Boat Setter, a player in the U.S. peer-to-peer boat rental market, has acquired Seattle-based competitor Boat Bound and relocated to South Florida, aiming for global expansion. Their goal is to simplify boat rentals, making it as easy as booking an Airbnb. They currently offer 5,000 vessels at 300 locations across the U.S., handling all communications and logistics online. The service includes insurance, on-water towing, and a concierge team for additional amenities. With nearly $20 million in funding, Boat Setter plans to focus on expanding into the Caribbean and Mediterranean in 2018, navigating new international markets.
