WIZIBOAT
July 2021
  • Fundraising
  • -
  • Equity capital markets

Founded in 2017, WIZIBOAT breaks through the boating world by providing the first subscription-based nautical offer for short-term self-service boat rentals.

With this offer, the company addresses issues raised by new consumption trends, which aim at avoiding constraints coming along with boat ownership, often prohibitively expensive, and at favoring a simple usage, oriented towards leisure and in total freedom.

This trend, which consists in moving from a purchase model to a use model, can be observed in many sectors of activity such as cars, bicycles and real estate, and is now tending to develop in the boating sector. Beyond the disruptive aspect of the model, WIZIBOAT’s societal commitment is strong, driven by a practice of use and not by the possession of an asset.

The innovative offer of WIZIBOAT enables subscribers to navigate without limit nor constraints, and in total freedom. Through the App, the subscriber books its boat, takes it in charge, checks-in and starts it up. Navigating with WIZIBOAT is totally safe thanks to the on-board box coupled with an alert system in case of risky situations (dangerous navigation zone, excessive speed, engine problem, etc.). Back to the port, the subscriber checks out and can book again for his next trip.

WIZIBOAT is currently present in 21 ports in France. Mainly located on the Mediterranean coast (new bases in Marseille, Canet-en-Roussillon, Saint Raphaël), WIZIBOAT also has Wizibases on the Atlantic coast (Pornic, La Rochelle, Arcachon, Lège-Cap-Ferret and Biscarosse).

ATOUT CAPITAL advised WIZIBOAT for its listing on EURONEXT ACCESS (ISIN: FR00140047H7 – Mnemo: MLWIZ). This operation will bring to WIZIBOAT an additional leverage to rapidly gain visibility, increase its notoriety and access more sources of financing to support, in the coming years, its growth and its commercial deployment in France and abroad.

Finally, WIZIBOAT and its shareholders are engaged in a dynamic of free float’s enlargement to facilitate market fundraising transactions and finance its growth.

 

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