MIAMI–(BUSINESS WIRE)–Boatsetter, the leading marketplace for on-the-water experiences and boat rentals, announced today that it has raised $38M in Series B funding co-led by Level Equity, with participation from Suntex Marinas, Certares and others. The Digital Private Markets team of J.P. Morgan Securities LLC served as the sole placement agent for the deal. The Series B funding will enable Boatsetter to enrich the product features, boat inventory, and experiential offerings that have drawn over one million boaters and boat owners alike to the Boatsetter community since launch, as well as to bring Boatsetter to new markets across the globe.

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