Growing through the pandemic: SEARADAR raises 200k EUR in funds before entering 2021

The previous year didn’t promise any stability for the travel industry businesses. Difficulties caused by the pandemic made many startups go on the “standby” mode, but not SEARADAR! Even facing multiple challenges, the SEARADAR team managed to reach triple year growth and raise 200k EUR in funds before entering 2021. That’s the real unicorn spirit!

The Tallinn-based startup is an online platform for booking boats for charter captains from CIS and EU. SEARADAR is also a Baltic Sandbox portfolio company — a sustainable acceleration partner for the Eastern European startups.

Read the full article of the SEARADAR’s growth journey, changed value proposition, and near-future plans to raise the remaining 250k EUR in funds.

Founding 2 startups before the SEARADAR: Dima’s story

In 2010, Dima Beznasiuk, the founder & managing partner of SEARADAR, launched his first startup Emprana that offered a gift-experience service. Emprana became N1 at Russian’s gift-experience market with $3M GMV. Articles about the startup’s success appeared in globally famous media such as Forbes. How is this connected to the SEARADAR? Even in 2013, Dima sold the shares of Emprana. Through the 3 years, he tried 80% of all Emprana experiences — karting, diving, sky-jumping, and indeed — sailing. Then, the idea to change the yachting industry conveniently sparked for the first time.

Before the SEARADAR, Dima founded one more startup, Turbodealer — a SaaS platform for dealerships. Even the startup wasn’t less successful than Emprana, Dima is now in progress with exit. The hell of a ride experience of founding two startups and a unique feeling to the sea and yachts led to launching SEARADAR in 2017.

“Now, we have been raising investment for two years. In 2019, we reached triple growth compared to 2018. At the beginning of 2020, we planned to close the round. Still, the pandemic slowed down our plans a bit,” — says Max Terbov, the founder & managing partner of SEARADAR.

Learn more about the SEARADAR’s story.

To read the full article, please follow the link.

Latest posts

Hanse 460 review: First in a new range