WetRentals
A global boat rental marketplace starting in America, featuring damage deposits, flexible pricing, and investment backing from appearing on Dragon's Den.
The Challenge
WetRentals wanted to disrupt the boat rental industry with a peer-to-peer marketplace that makes it easy for boat owners to rent out their vessels safely.
- Implementing damage deposit systems to protect boat owners
- Creating flexible pricing models (hourly, daily, weekly)
- Building insurance and liability features into the platform
- Scaling for global expansion starting from the US market
- Creating trust mechanisms between owners and renters
Our Sharetribe Solution
We built a comprehensive boat rental platform with all the features needed for this unique vertical:
Damage Deposit System
Built a custom deposit system that holds security deposits and handles damage claims fairly for both owners and renters.
Flexible Pricing Models
Implemented multiple pricing options including hourly, daily, and weekly rates with seasonal pricing capabilities.
Global Infrastructure
Built the platform with multi-currency support and location-based features for worldwide expansion.
Trust & Safety
Implemented verification systems, reviews, and insurance integration to build trust in the marketplace.
The Results
WetRentals achieved significant milestones:
- Featured on Dragon's Den TV show
- Secured investment from the show's investors
- Successfully launched in the US market with global expansion plans
- Robust platform handling high-value boat rental transactions
- Strong trust mechanisms leading to repeat bookings
Technologies Used
Building a Rental Marketplace?
We specialize in rental marketplaces with deposits, flexible pricing, and trust features.