Get All Access for $5/mo

Sailo Wants to Be Your Airbnb for Yachting This new startup connects boat owners with renters.

By Catherine Clifford

Opinions expressed by Entrepreneur contributors are their own.

Sailo

Boats are expensive to buy, expensive to store and, unless you're lucky enough to spend your days on the high seas, they often spend most of their time unused. The flip side, though, is that they are a pretty famously good time.

That's where Sailo comes in. The new startup in the peer-to-peer rental space is making it possible to search for available boats and rent them online. It's like Airbnb, the accommodation rental platform, but for boats. Casual boaters can taste life on the water and boat owners make money off of an expensive asset they likely don't use all day every day.

Officially launched in November, Sailo has 150 boats available on it platform in local beach towns in New York (New York City, the Hamptons, Jersey City) and Florida (Miami, Miami Beach, Fort Lauderdale, Palm Beach).

Related: Airbnb Co-Founder: If Rejection Slows You Down, Entrepreneurship Isn't For You

The sharing economy startup was launched by two recent Columbia Business School graduates, Delphine Braas and Adrian Gradinaru, and Gradinaru's long-time best friend, Magda Marcu. The idea, like so many startup concepts, was born out of a frustrating experience. Gradinaru rented a boat when he was in Greece for spring break and found the process of booking a boat rental cumbersome. Sailo is an attempt to fix that problem.

The online booking system depends on users keeping each other in check, much like Airbnb.

"Sailo's platform provides ratings and reviews to help encourage good behavior. Indeed, building a community of trust is key and we work hard to ensure everyone has the best experience," Braas says.

Related: This Ridesharing Service You've Never Heard of Has 10 Million Members and Counting

If you don't know how to steer a yacht, fret not. Boat rentals come equipped with a licensed captain. And levels of luxury run the gamut: rentals range in price from $350 per day to $17,000 per day.

Have a look at some boats available on Sailo in the images below. (Daydreamers, beware: It might be hard to get back to focusing on work after perusing these snaps.)















Related: Shuddle, the Ridesharing Service for Kiddos and Grandparents, Raises $10 Million

Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Growing a Business

How to Build, Grow and Make Money With Ecommerce

To grow your online business, you need to develop a strategy and invest your time wisely. These actionable tips can attract customers and increase online revenue.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Living

70% of Small Business Owners Experience Monthly Burnout. Follow These 3 Rules to Avoid the Same Fate.

Here are three guidelines to help entrepreneurs achieve balance, growth and success in both their professional and personal endeavors.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.