The Triton


YATCO closes round of funding


YATCO, a central listing marketplace for yachts, has completed a major round of funding to accelerate its growth plans, according to a YATCO statement.

“The private funding that we have just completed will allow us to stay true to this mission for the long term and allow us to better serve our professional members through increased consumer reach and awareness,” YATCO founder and CEO Steven Myers stated.

The funding also will accelerate the company’s introduction of its BOSS platform, which will integrate software into a single back-office solution, Myers stated.

In the past two years, YATCO has grown its development and marketing team to more than 17 professionals in Florida and Europe, and there are plans for further expansion of personnel in California, Annapolis, London, and the South of France by the end of the year, according to the company.

In addition to the new YATCO BOSS system, the company will be launching a new consumer site and partnerships which will expand the YATCO marketplace to better reach boat owners in every marketplace, Helen Ryan, director of marketing, stated.

Based in Coral Springs, Florida, YATCO serves more than 2,000 professional yacht brokers and promotes over $15 billion in its online central listing marketplace, which facilities over $5 billion in annual sales, according to the company.

Related Posts...
Yachtsign opened a Fort Lauderdale showroom in mid-June, according to Read more...
Viking Crew US celebrated the opening of its office in Read more...
After 25 years with Jones Boat Yard on the Miami Read more...
Fraser’s crew recruitment agency, The Crew Network, now has a Read more...
Titan Marine Air has been appointed U.S. distributor for Italy-based Read more...

Share This Post

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Editor’s Picks

Veteran captain Jack Maguire dies

Veteran captain Jack Maguire dies

UPDATED Capt. Jack Maguire, veteran yacht captain and placement agent at Crewfinders International, died on June 23 as a result of …

Smaller yachts can skip MI inspection

Smaller yachts can skip MI inspection

Private yachts between 12m and 24m and less than 20 years of age are no longer required to undergo a pre-registration inspection to fly the …

Capt. Ryan O’Meara dies in the Bahamas

Capt. Ryan O’Meara dies in the Bahamas

By Dorie Cox Capt. Ryan O’Meara loved the water, his yacht crew, and his work on M/Y Pipe Dream, a 112-foot Westport. He was in the …

Underway and over the top with Capt. Grant Maughan

Underway and over the top with Capt. Grant Maughan

A lifetime of experiences on land and at sea culminate as Capt. Grant Maughan summits Mount Everest in May. By Dorie Cox Capt. Grant …