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Fun2rent.com
Location: 1515 Santa Monica Ave, San Jose, California, United States United States
Founded in: 2011
Stage: Revenue generating
Number of employees: 1-5
Short URL: vator.co/fun2rent-com
Followers (428)
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Fun2rent.com

Rent boats and more from owners near you and save.
Startup/business
San Jose, California, United States United States
http://Fun2Rent.com

An online platform enabling individual owners of powersport vehicles & vessels to earn money on their equipment by renting it out to qualified members in a safe & insured environment. Providing affordable rentals to recreational enthusiast.

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Company description

Fun2Rent.com an online platform that connects owners of recreation and powersport vehicles (boats, jet skis, snowmobiles, all-terrain vehicles, trailers, and more) with individuals interested in renting these vehicles. Owners earn money on their idle assets and renters save up to 70% by renting from private owners.

The platform allows owners to earn supplemental income from their vehicles and provides renters a fully-insured, reasonably-priced alternative to online and local powersport rental companies. Our mission is to become the VRBO/Airbnb of the recreation and powersport rental market. The main difference is that both owners and renters have insurance.

Fun2Rent’s legal counsel is represented by Goodwin and Procter LLP.

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Team
  • Shawn Gardner
    Shawn Gardner | Team member
    Founder & CEO of Fun2Rent,  enabling individual owners of powersport vehicles & vessels to earn money on their equipment by renting it out to qualified members in a safe & insured environment. Providing affordable rentals to recre...
  • Elin Bostrom
    Elin Bostrom | Team member
    Co-Founder of Fun2Rent – An online platform providing affordable rentals to recreational enthusiasts, and allowing individual owners to earn money on their powersport vehicles & vessels by renting them out to qualified members in a safe ...
  • Mike Voie
    Mike Voie | Team member
    If it wasn't for a certain hard nosed Accounting teacher during my college years, I would probably be strapped into the pilots seat of a 737 somewhere flying straight for hours on end. Thankfully, I've had 15 years of a surprisingly fulfilling ca...
  • Emilie McDonough
    Emilie McDonough | Team member
    I am an experienced writer and editor with a background in sales and marketing. I graduated from The College of William and Mary in 2004 with a B.A. in English and History. I spent the next two years working and studying abroad in Europe and Au...
Business model

Our business model is primarily based on a 25% commission fee for rental transactions, we will soon implement featured listing fees of $5, and future revenue will come from classified listing fees. A significant portion of its listings will originate from marketing through dealerships and trade shows. In order to grow, Fun2rent plans to initially market its service in the US. It will also investigate expanding to Canada and other countries.

Competitive advantage

Fun2rent's peer to peer model is unique to the market place, most competitors are brick and mortar operations that are expensive and generally can not provide rental insurance. 
• Experienced team with substantial contacts and experience in the industry
• Proof of concept tested and well-received
• Strong development and legal team
• Partnership with insurance carrier and online safety course providers.