Sunday, April 15th, 2018
YATCO Completes Major Round of Funding
Over the past two decades, YATCO have been approached by every major media company in the industry but has chosen to remain independent and remain true to its mission of serving the best interests of the professional yacht broker.
Now in a move that better secure that independence YATCO, the Official Multiple Listing Service (MLS) of Yachting, has recently completed a major round of funding to accelerate its worldwide growth plans.
The private funding that it has just completed will allow them to stay true to this mission for the long term and allow us to better serve our professional members through increased consumer reach and awareness.
The increased capitalisation will allow the company to better reach the worldwide consumer marketplace as well as accelerate the introduction of the all new BOSS platform which will revolutionise the yachts for sale and charter marketing business by integrating all software into a single back office solution.
Over the past twenty four months YATCO has ramped up its development and marketing team to over 17 professionals located in Florida and Europe.
The company also plans for further expansion of personnel in California, Annapolis, London, and the South of France by the end of 2018.
Originally founded in 2000 by seven professional yacht broker associations known as the International Yacht Council, Yachtcouncil.com and Yachtcouncil.org, today’s YATCO has been completely rebuilt from the ground up with industry’s most advanced, proprietary search engine technology, expanded service offerings, and refreshed brand.
This technology has become the preferred multi-listing (MLS) tool in the yachting industry. Our search engine technology allows boat buyers and sellers to quickly search thousands of used boats, yachts and sailboats for sale to find the perfect match for their needs.
YATCO serves over 2,000 professional yacht brokers and promotes over $15 billion in its online central listing marketplace which facilities over $5 billion in annual sales.
The company has recently expanded its new headquarter in Coral Springs, Florida.