Cruzin, Inc is a peer-to-peer community marketplace catering to boating enthusiasts, offering a platform to list, discover, and rent recreational boats. Founded in 2012 and headquartered in the United States, Cruzin’s unique selling point lies in the provision of vessel damage and personal liability insurance coverage of up to $3,000,000, underwritten by a top-rated marine insurer with an A.M. Best A+ rating. This feature not only ensures peace of mind for renters but also enables boat owners to unlock the potential of turning their boats into a source of income. The key value proposition lies in the emphasis on safety, affordability, and fun through its Boater-to-Boater™ rentals and a diverse community of bareboats, professionally captained, and crewed vessels. The $1.40M Venture Round investment it received on 28 January 2013 signifies investor confidence in the potential of Cruzin’s business model within the E-Commerce and Internet industries. Cruzin’s model fundamentally transforms boat ownership, enabling boat owners to capitalize on their assets while providing renters with a curated selection of boats and the assurance of insurance coverage and towing services. Catering to a growing community across America, Cruzin, Inc. encapsulates the essence of the sharing economy, providing a compelling proposition for both boat owners and enthusiasts alike.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $1.40M | - | 28 Jan 2013 |
No recent news or press coverage available for Cruzin, Inc.