Boatsetter and Getmyboat Merge to Create Global Leader in Boat Rentals and On-the-Water Experiences

Boatsetter and Getmyboat, two of the most well-known platforms in peer-to-peer boat rentals and on-the-water travel, have officially merged to form a new unified entity headquartered in Miami. The combined company brings together over $500 million in bookings across 50 countries, significantly expanding global access to boating experiences for consumers and business opportunities for owners and operators.

Boat Rental Industry Leaders Combine to Expand Global Marketplace and Improve User Experience

The merger will integrate Boatsetter and Getmyboat into a single connected marketplace, enhancing inventory access, booking functionality, and support tools for the tens of thousands of boat owners, operators, and captains who rely on the platforms. Both consumer-facing websites and mobile apps will continue to operate without immediate changes, while efforts begin to unify the experience across brands.

Michael Farb, who has served as CEO of Boatsetter since 2022, will lead the combined company as Chief Executive Officer. Current investors—including Level Equity, Centerbridge Partners, and Yanmar—will remain involved, supporting the long-term growth strategy of the newly merged entity.

Merger Capitalizes on Boating Boom and $1.1 Trillion Outdoor Recreation Economy

This strategic merger comes at a time when outdoor recreation continues to experience major economic and cultural momentum. The U.S. outdoor recreation industry has grown into a $1.1 trillion economic engine, with the boat rental market alone expected to reach $36 billion globally by 2032. Other segments such as fishing tourism, valued at $90 billion in 2025, are forecasted to grow to $253 billion by 2035.

In this expanding market, Boatsetter and Getmyboat’s combined reach and resources will support continued innovation in areas like AI-driven booking tools, enhanced customer service, and trust and safety systems such as the Boatsetter Promise and Getmyboat’s 24/7 support.

Boating Platforms Fueling Local Economies Through Tourism and Small Business Income

Beyond national growth, the merger also supports local waterfront economies. For example, in Tampa, Florida—a major boating hub—local boat owners using the two platforms have earned over $20 million collectively in the last five years. That income directly benefits small businesses and tourism-driven jobs in the region. Partnerships with regional tourism boards, like Visit Tampa Bay, have played a key role in expanding awareness of boating experiences among travelers.

Supporting the Blue Economy and Empowering Marine Entrepreneurs Worldwide

As the blue economy gains global attention, Boatsetter and Getmyboat aim to remain at the forefront by prioritizing owner success. The merged company plans to offer advanced tools and services to help boat owners and operators scale their businesses. These improvements will in turn increase access to high-quality, curated boating adventures—from pontoon cruises and yacht charters to guided fishing trips and sailing excursions.

The merger marks a significant milestone in the evolution of boating as a widely accessible, experience-driven travel category—and underscores the rising global demand for time on the water.

FAQs: What to Know if You’re Injured While Using a Peer-to-Peer Boat Rental Platform

What happens if I’m injured while renting a boat on Boatsetter or Getmyboat?

If you’re injured during a rental, your legal rights and remedies will depend on the circumstances of the incident, including whether the boat was operated by a licensed captain, the condition of the vessel, and whether negligence occurred. These platforms typically offer liability coverage and vet operators, but coverage may be limited or subject to exclusions.

You should seek medical attention immediately, document the scene and injuries, and report the incident to the platform and the boat owner or operator. Then, consult a maritime personal injury attorney to understand your legal options.

Are these platforms liable if a boat is unsafe or the operator is negligent?

Boatsetter and Getmyboat position themselves as marketplaces, not operators. That means liability often rests with the individual boat owner or captain. However, if the platform failed to screen the vessel or operator properly, or if it made misleading safety claims, there may be grounds to include the platform in a legal claim. Maritime law is complex, and liability can extend to multiple parties depending on the facts.

What kind of insurance coverage applies on these platforms?

Boatsetter and Getmyboat both provide insurance protections, but the terms vary. For example, Boatsetter offers peer-to-peer boat rental insurance through policies underwritten by GEICO Marine, covering damages to the boat and third-party liability for captained or non-captained rentals. Getmyboat offers liability insurance for certain bookings, but coverage may differ depending on the country and rental type.

Passengers and renters should always verify what is covered before booking, especially for high-risk activities like watersports or overnight stays.

Can I sue for damages if the boat owner didn’t warn me about a dangerous condition?

Yes, you may have a claim under maritime negligence law. Boat owners and captains have a duty to provide a reasonably safe experience. If they failed to warn you about a slippery deck, malfunctioning equipment, or unsafe boarding conditions—and you were injured as a result—you may be able to bring a personal injury lawsuit. Maritime cases are often brought in federal court under admiralty jurisdiction.

How long do I have to file a lawsuit after a boating injury?

Most cruise or boat rental injury claims must be filed within one year, depending on the terms of the rental agreement and whether federal maritime law applies. Some platforms also require claims to be brought in specific courts or jurisdictions. Review the rental terms carefully and consult an attorney promptly to avoid missing legal deadlines.

Contact a Maritime Injury Attorney If You Were Hurt While Renting a Boat

If you were injured during a boat rental through Boatsetter, Getmyboat, or another peer-to-peer platform, you may be entitled to compensation for medical expenses, lost wages, and pain and suffering. These cases often involve complex legal issues, including maritime law, waiver enforceability, and insurance coverage. Our experienced team of Florida maritime injury attorneys can help you understand your rights and pursue the compensation you deserve.

Contact us now for a free consultation.

Disclaimer: Our firm does not represent the companies or individuals in this news article and is not involved in the merger. The information provided here is based on publicly available press releases and is intended for informational purposes only. The FAQ section does not constitute legal advice. If you have been injured in a boating accident, please consult a licensed attorney to discuss your specific situation.