French sailboat refurbishment company Reboat has closed a funding round led by Seventure Partners, alongside existing investors and business angels, including Charlotte Souleau, managing director of Back Market France.
As part of the transaction, Seventure and Souleau will join Reboat’s leadership team.
Reboot was founded in 2024 against a backdrop of declining new-boat sales and an uneven pre-used fleet.
Instead, the company carries out full refurbishment and redesign of vessels to suit an individual customer’s sailing habits, covering structural, functional and aesthetic aspects, bespoke fit-out options with a two-year warranty provided on every vessel.
Reboat points out that every vessel meets the same standards of reliability and comfort as a new model, with personalised layouts tailored to its intended use.
Performance and efficiency
The funds raised will be used to increase Reboat’s performance and efficiency; extending and optimising its 1,000-square-metre workshop in Lorient to increase throughput.
The company will also open a Mediterranean site to capture the potential of the southern coastal market as well as strengthening its technical, quality and sales teams and further standardising its processes.
Reboat aims to launch 30 boats in 2027, with plans to increase this to around 100 in 2031 through a combination of direct deployment and local partnerships.
“By extending the lifespan of boats, Reboat provides a practical response to the need to reduce the sector’s environmental footprint,” said Isabelle de Crémoux, chair of the management board of Seventure Partners.
“We are proud to support an experienced and passionate team whose in-depth market knowledge and quality of execution reinforce our confidence in the brand’s development potential.”
Reducing the carbon footprint
According to Dimitri Caudrelier and Vincent Taupin, co-founders of Reboat, the company’s approach has made it possible to offer prices 30% to 50% below those of new boats and to reduce the carbon footprint by up to 64% compared with new construction.
And they say their approach provides both an economical and sustainable response to boaters’ concerns.
“We have found partners who share our conviction that the future of boating lies in the industrial and personalised refurbishment of sailboats,” they said.
“This financial and strategic support gives us the means to accelerate the wider deployment of our method and respond to growing demand from boaters seeking solutions that are both economical and responsible.”
