Fleet management software company Floatist has announced the successful completion of a six-figure funding round. This investment will accelerate Floatist’s growth and support the launch of an inventory management system, a feature that is set to significantly enhance the value of the platform for its expanding customer base.
Since its inception in 2022, Floatist has been disrupting the charter industry with its comprehensive fleet management platform. The software is designed to address common pain points for fleet operators, offering a streamlined solution that integrates check-in processes, scheduling, paperwork, team communications, and maintenance management. By automating these workflows, Floatist not only simplifies charter management but also enhances the overall client experience.
Strategic Investment to Accelerate Growth
Arjen Heeres, an experienced leader in the software sales industry and CEO at decide4AI, led Floatist’s recent funding round. Arjen’s expertise and vision align with Floatist’s mission to streamline operations for yacht charter companies. This investment is a strong endorsement of Floatist’s potential to disrupt the market and deliver exceptional value to its customers.
The funds raised will be instrumental in enabling the company to expand its team and accelerate the development of new features. The next major feature to be introduced is an advanced inventory management system, which has been highly requested by both existing clients and potential leads.
Responding To Feedback And Increasing User Value
After recently launching ‘Extras’, a feature that allows clients to request last-minute charter items weeks in advance, Floatist now continues to listen to the needs of their customers by introducing a new inventory management system.
This upcoming addition is set to streamline how charter operators manage their stock levels. Unlike other solutions on the market, Floatist’s new system will be fully integrated with its existing task management platform, which charter companies use to handle their daily operations. This seamless integration will allow users to manage inventory in tandem with their tasks, addressing a major pain point and significantly increasing the value of Floatist’s offering.
“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,” said 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.”
Strong User Growth and Future Outlook
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% this year compared to 2023 and anticipates another 50% growth in 2025.
Cindy adds: “With the successful round of funding and a growth trajectory aimed at 50% 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.”
To learn more about Floatist, please visit their website here: https://floatist.com/
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