Marine tech company savvy navvy secures over £800,000 in funding
savvy navvy has raised more than £800k within hours of launching its crowdfunding campaign and will continue to overfund for as long as possible to give everyone who wants to own a piece of the marine tech company a chance to come on board.
It’s the fourth time Bournemouth-based savvy navvy has smashed its crowdfunding targets, as the popular boating navigation app company predicts another huge growth year with the leisure boating market set to continue its boom in 2022.
Often referred to as ‘Google maps for boats’, savvy navvy was founded by avid sailor Jelte Liebrand in 2017 who set out to simplify boating navigation. Together with co-founder Kevin O’Neill and backed by the founders of Kahoot, the savvy navvy app has had more than 43 million miles plotted by its hundreds of thousands users globally.
Jelte Liebrand, CEO and Founder of savvy navvy said: “I’m blown away by the support and it’s incredible how quickly we have overfunded, and continue to overfund, during this round. Our vision from the outset has been for savvy navvy to be in every boater’s pocket, supporting both new and experienced boaters on the water and there is a real appetite to join us in this.
“In 2021 we set out to obtain 15,000 paying subscribers for our boating navigation app and we blew past that target at the end of the summer. With the boating boom surpassing even our own projections, we will continue to keep the funding round open for as long as possible to give everyone the opportunity to own a piece of savvy navvy. What a way to start 2022.”