PSG takes minority stake in Dockwa
For marina operators and recreational boaters, the software platform handles reservations, contract management, payments, fuel sales, electric metering, pricing and accounting integrations.
Rhode Island-based Dockwa, a marina management software platform and two-sided marketplace for boaters and marinas, received a minority investment from PSG.
The platform supports nearly 4,000 marinas and more than 450,000 boaters across marina operations and recreational boating.
Its tools cover reservations, contract management, payments, fuel sales, electric metering, pricing and accounting integrations.
Dockwa plans to use the capital for AI products built on its Marine Graph data platform and growth in Canada and Europe.
"Dockwa has revolutionized cruising itinerary planning for me," said Mitch Gilbert, a boater from Connecticut.
Terms were not disclosed.
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