# Sailsquare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sailsquare

- Industry: Travel & Leisure
- Headquarters: Livorno, Italy
- Website: www.sailsquare.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Jul 3, 2015)
- Investors on record: 1

## About

Sailsquare is a platform that specializes in offering unique sailing and catamaran holidays mainly across Europe, connecting skippers and sailing enthusiasts with diverse maritime adventures.Founded in 2012 in Livorno, Italy, Sailsquare focuses on organizing sailing experiences. The company has successfully completed three deals, with its latest funding round, a Seed round, raising EUR 0.8 mn on June 30, 2016. Co-founded by Riccardo Boatti and Simone Marini, the current CEO, the company aims to enhance its offerings while maintaining a commitment to sustainability.Sailsquare specializes in organizing and facilitating unique sailing and catamaran holidays primarily across Europe and select international destinations. The company offers a wide array of sailing experiences tailored for various customer profiles, including solo travelers, families, and groups. Its core services focus on connecting passionate skippers and sailing enthusiasts, providing them with opportunities to explore diverse maritime locations, such as the Mediterranean's Cyclades, the Aeolian Islands, and the Balearic Islands, among others. The platform curates thousands of sailing holiday options that promote responsible tourism, emphasizing low environmental impact and immersive nature experiences. Customers benefit from flexible cancellation policies and dedicated multilingual support, enhancing their overall travel experience.In the most recent year, 2023, Sailsquare generated a revenue of EUR 1,003,950.4, while reporting an EBITDA of EUR -148,293.5. The company employs a direct-to-consumer model, where clients book their sailing holidays through the platform. Pricing plans for these experiences vary, with options for both individual travelers and group bookings, ensuring accessibility to a broad audience. Typical offerings feature week-long trips to popular destinations priced from approximately EUR 650 to EUR 1,260 per person, depending on the location and specific itinerary. Sailsquare's revenue is supported by a global customer base of over 150,000 travelers from approximately 80 countries.Sailsquare intends to utilize its recent Seed funding of EUR 0.8 mn to enhance its platform and expand its service offerings. Future growth strategies involve designing new products aimed at improving customer experience, although specific release dates have yet to be disclosed. The company is also exploring opportunities to enter new geographic markets, with plans targeting expansion into additional European regions by 2025, enhancing its market presence and customer reach.

## Funding rounds

- Seed, Jul 3, 2015, $0.6M — LigurCapital

## Investors

- LigurCapital (https://capitalatlas.ai/funds/ligurcapital) — Seed