Snag-A-Slip (TechBUZZ Fall ’16) Secures $4.8 Million in Series A

Snag-A-Slip, an online boat slip reservation company, today announced that it has closed a $4.8 Million Series A financing round led by Claritas Capital. Also participating in the round were TCP Venture Capital, through the Propel Baltimore Fund; Jerry South, Founder and Chairman of Towne Park and the Abell Foundation. Since launching in 2015, Snag-A-Slip has grown its network to include more than 500 marinas from Canada to the Caribbean, and recently launched a new website, mobile apps and a rewards program for boaters. Snag-A-Slip’s sister company, Oasis Marinas, offers services from consulting to full marina management, leveraging a well-trained local workforce with a commitment to exceptional customer service. Oasis currently operates six marinas in the Mid-Atlantic area. The Series A funding will allow the company to significantly expand sales and marketing efforts, develop new product features and broaden operations.