WAAS
WAAS (waas AG) is a Swiss leisure-tech startup operating a mobile platform that rents zero-emission electric watersports boards by the minute at beach destinations, serving beach vacationers directly and beach rental operators through a B2B2C partner model.
- Company typePrivate
- Founded2021
- HeadquartersZug, Switzerland
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What WAAS does
WAAS (legal entity: waas AG) is a Swiss-headquartered leisure technology startup that operates a digital rental platform for electric watersports equipment at beach destinations. The company was founded in 2021 and is registered in Zug, Switzerland, with a small team of 1-10 employees. Its core product, WAAS.BOARD, is a zero-emission electric watersports board that customers can rent by the minute through a mobile application available on iOS and Android. Pricing starts at €1 per minute with 15-minute rental slots, and the platform is localized in English, German, and Spanish.
The technology stack centers on a consumer-facing mobile app for booking, payment, and board access, paired with a separate web-based partner portal (manage.fun.waas.rent) that lets beach rental operators manage fleets and customer interactions. WAAS employs a B2B2C distribution model: rental partners deploy and operate the physical WAAS.BOARD equipment at their beach locations, while WAAS provides the software platform, hardware specification, and demand-generation support through social media channels (Instagram, TikTok, Facebook, LinkedIn). The company targets two segments: (1) beach vacationers and tourists seeking accessible, sustainable watersports experiences, and (2) beach rental operators seeking to diversify offerings, digitalize operations, and grow customer base.
Revenue is generated exclusively through usage-based per-minute transaction fees collected via the mobile app. The product was commercially launched in 2025, the company has begun expanding across multiple European beach destinations, and there are no disclosed funding rounds, revenue figures, or named customers in the available materials.
WAAS firmographics
Firmographics- Name
- WAAS
- Legal name
- waas AG
- Website
- https://waas.rent
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- WAAS (waas AG) is a Swiss leisure-tech startup operating a mobile platform that rents zero-emission electric watersports boards by the minute at beach destinations, serving beach vacationers directly and beach rental operators through a B2B2C partner model.
- Ownership category
- akta.pro rank
WAAS industry classification
Industry- Product category
- Electric Watersports Rentals
- NAICS
- Recreational Goods Rental (532284)
- SIC
- Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- Personal Watercraft (Jet Ski / Sea-Doo) Rentals (THADAHAJ)
- akta.pro secondary industry
- Marine Recreation Rentals & Tours Retail Counter (On-site Sales) (CRAMAIAM)
Keywords
Where WAAS is headquartered
LocationHeadquarters
- HQ city
- Zug
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
WAAS business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Supply Chain, Marketing or Sales, Operations, Personnel
Revenue model
- Watersports Board Rental: WAAS charges customers per minute for renting electric watersports boards. Pricing starts at €1 per minute with 15-minute rental slots. Revenue is generated through transaction-based usage fees collected via the mobile app.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Per-minute rental starting at €1 per minute |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
WAAS product offering
Product offeringCore offering
WAAS provides a mobile-app-enabled per-minute rental of the proprietary WAAS.BOARD, a zero-emission electric watersports board sold to beach vacationers through a network of beach rental partners. Customers locate, book, and pay for rides through an iOS and Android app, with usage-based pricing starting at €1 per minute in 15-minute slots, while rental operators access a separate web partner portal to manage fleet, customers, and revenue.
Product overview
WAAS is a smart watersports rental platform that operates on a sharing economy model. The core offering consists of the WAAS.BOARD—an electric, zero-emission rideable board—rented out through a mobile app (iOS and Android). Customers access the service via the mobile app to locate rental points, book time slots (starting from €1 per minute in 15-minute increments), and unlock boards. Rental partners operate the boards through a separate web-based partner portal. Together, these products deliver a digitally-enabled, sustainable watersports rental experience focused on beach vacation destinations.
Differentiator
Problem solved
Functional benefit
Brands
- WAAS.BOARD: Electric ride sharing product for watersports - fun, zero emission electric ride available for rent starting from €1 per minute with 15-minute rental slots
Products and services
- WAAS.BOARD Zero-emission electric rideable watersports board rented by the minute (starting from €1/minute in 15-minute slots) at beach destinations; designed for intuitive, fun, low-skill use by beach vacationers and tourists.
- WAAS Mobile App (iOS/Android) Consumer-facing iOS and Android application that lets beach vacationers locate nearby WAAS.BOARD rental locations, book rides in 15-minute slots, pay per-minute, and unlock the board; distributed via App Store and Google Play.
- Rental Partner Platform Web-based B2B portal for beach rental operators to manage their WAAS board fleet, process rentals, and access business analytics at manage.fun.waas.rent.
Companies that use WAAS
Customer profileSegments2 records
Ideal customer profiles2 records
WAAS technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
WAAS partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Beach Rental OperatorscoreWAAS partners with beach rental operators who provide physical WAAS.BOARD equipment at their beach locations. The company provides a partner portal (manage.fun.waas.rent) for operators to manage fleets, customer base, revenues, and satisfaction. This is a core component of WAAS's B2B2C distribution model.
Scale indicators1 record
Recent moves5 records
Expansion highlights5 records
WAAS competitors and assessment
Company assessmentDirect peers
- Lift Foils: US-based electric hydrofoil (eFoil) board maker — same motorized-board category as WAAS.BOARD and a leading premium brand chasing the same beach-rental operator channel.
- Radinn: Swedish maker of electric jetboards designed for rental and leisure use — directly comparable motorized water recreation product and a relevant competitor in the European beach rental channel.
- Waydoo: Chinese electric hydrofoil/eFoil maker expanding internationally — same product category and a price-aggressive competitor in the global motorized watersports board space.
- Lampuga: German manufacturer of electric jetboards — directly comparable electric motorized watersports product and a fellow DACH-region peer competing for the same European beach operators.
- Fliteboard: Australian manufacturer of electric hydrofoil surfboards (eFoils) — the closest product analog to WAAS.BOARD, with established global distribution and brand presence in premium electric watersports.
- Awake Boards: Swedish electric wakeboard/rides manufacturer with an explicit rental and sharing-economy go-to-market — closest European peer combining motorized water boards with a rental/distribution partner model.
Broad incumbents
- SamBoat: European boat rental aggregator operating across coastal markets — comparable B2C rental marketplace for water leisure with strong European beach destination footprint.
- Click&Boat: European boat and watercraft rental platform — directly comparable mobile-driven booking model for water-based leisure experiences across Mediterranean and other coastal markets.
- GetMyBoat: Global peer-to-peer boat and watercraft rental marketplace — broader sharing-economy platform for marine leisure that overlaps with WAAS's mobile-first, partner-distributed rental model.
Emerging players
- Onean Carver: Spanish electric jetboard maker — same electric motorized board category as WAAS.BOARD with overlap in Mediterranean beach rental markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks5 records
Key highlights6 records
Customer concentration
WAAS social profiles
Digital presenceWAAS financial estimates
Financial estimateRevenue estimate
Valuation estimate
WAAS leadership team
Management profileNumber of profiles
WAAS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WAAS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WAAS
What does WAAS do?
WAAS provides a mobile-app-enabled per-minute rental of the proprietary WAAS.BOARD, a zero-emission electric watersports board sold to beach vacationers through a network of beach rental partners. Customers locate, book, and pay for rides through an iOS and Android app, with usage-based pricing starting at €1 per minute in 15-minute slots, while rental operators access a separate web partner portal to manage fleet, customers, and revenue.
Is WAAS a public or private company?
WAAS is a private company. It is classified as unknown and is currently operating.
When was WAAS founded?
WAAS was founded in 2021. It employs 1 to 10 people.
Where is WAAS based?
WAAS is headquartered in Zug, Switzerland, in the Europe region.
How does WAAS make money?
One revenue line is on record: watersports Board Rental.
Who are WAAS's main competitors?
Direct peers on record are Lift Foils, Radinn, Waydoo, Lampuga, Fliteboard and Awake Boards. Broad incumbents are SamBoat, Click&Boat and GetMyBoat. Onean Carver is listed as an emerging player.
Does WAAS have an API?
No public API is recorded for WAAS.
What industry is WAAS in?
WAAS's product category is Electric Watersports Rentals. Its primary akta.pro industry code is THADAHAJ, Personal Watercraft (Jet Ski / Sea-Doo) Rentals, with a secondary code of CRAMAIAM, Marine Recreation Rentals & Tours Retail Counter (On-site Sales). Its NAICS code is 532284 and its SIC code is 7359.