Sailsquare, an Italian sailing holiday startup, closed the second tranche of a funding round now totalling €1.3m.
The company, which had raised a first €500k funding tranche in 2015, intends to use the funds to expand the community in Europe, mainly in France, UK and Germany.
Reportedly, backers included Ligur Capital, FocusFuturo and other private investors.
Co-founded by CMO Riccardo Boatti and CEO Simone Marini, Sailsquare allows users to find, book and share sailing holidays across the Mediterranean Sea, the Caribbean Sea, Seychelles, New Zealand, etc. People can browse among several holiday experiences and see who is already on board (name, age, interests, previous experience) without having pre-formed a group, the mission of the company being to let people enjoy a sailing holiday with the right crew and get back with new friends.
The platform is currently used by over 50k subscribers.