Tenderworks
Tenderworks BV is a Dutch boutique builder of bespoke custom tenders and chase boats for ultra-high-net-worth superyacht owners, producing one-off composite vessels co-designed with superyacht builders and authorised to carry the Feadship name.
- Company typePrivate
- Founded1998
- HeadquartersWarmond, Netherlands
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Tenderworks does
Tenderworks BV is a Dutch private limited company, founded circa 1998 and based in Warmond, Netherlands, that designs and builds bespoke custom tenders and chase boats for ultra-high-net-worth superyacht owners. The company's core offering consists of fully custom composite vessels — primarily limousine tenders and chase boats — built one at a time with no repeated hull designs, engineered to match the lines, garage fit, and aesthetics of each client's mothership. Notable named products include the award-winning 'Faith' (Best Tender Design 2018), 'Viva' (Tender of the Year 2022), the 11-metre Multitask tender (Tender of the Year 2024), and the '1010'.
The production process relies on advanced composite construction with carbon fibre, traditional wood, and premium leather, supported by a purpose-built facility that includes a 20-metre spray cabin and oven, 5-axis CNC milling for precision moulds, full-size mock-ups for client visualisation, and per-vessel hydrodynamic and weight studies. Naval architect Patrick Banfield (Wally tender, Fjord) leads hull and propulsion design, and the team includes specialists with experience building carbon fibre Volvo Ocean and America's Cup boats. The company holds an authorised-builder relationship with Feadship, which monitors construction and permits the Feadship name to be applied to completed boats.
Tenderworks operates a direct enterprise sales model with quote-based pricing for each bespoke build, selling to superyacht owners globally while leveraging referral partnerships with superyacht builders and designers. Revenue is generated through one-time custom build contracts; pricing is not publicly disclosed. The company is privately held with no disclosed external capital, no subsidiaries, and no public listing.
Tenderworks firmographics
Firmographics- Name
- Tenderworks
- Legal name
- Tenderworks BV
- Website
- https://tenderworks.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tenderworks BV is a Dutch boutique builder of bespoke custom tenders and chase boats for ultra-high-net-worth superyacht owners, producing one-off composite vessels co-designed with superyacht builders and authorised to carry the Feadship name.
- Ownership category
- akta.pro rank
Tenderworks industry classification
Industry- Product category
- Luxury Superyacht Tenders
- NAICS
- Boat Building (336612)
- SIC
- Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Luxury Yacht Tenders & Support Craft Manufacturing (IMAJAMAK)
- akta.pro secondary industry
- Custom Yacht Building & One-Off Projects (IMAJAEAL)
Keywords
Where Tenderworks is headquartered
LocationHeadquarters
- HQ city
- Warmond
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
Tenderworks business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure
Revenue model
- Custom Tender Sales: Full custom tenders built to each superyacht owner's exact specifications. Each boat is totally unique - they never build the same boat twice. Revenue is generated through one-time custom build contracts with pricing at quote-based levels for bespoke luxury vessels.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Tenderworks product offering
Product offeringCore offering
Tenderworks BV is a Dutch custom boat builder that designs and constructs fully bespoke limousine tenders and chase boats exclusively for superyacht owners. Each tender is uniquely designed in collaboration with the superyacht's designer and interior stylist to match the mothership's lines, garage fit, and aesthetic, using premium materials including carbon fibre, traditional wood, and high-quality leather. The company holds Feadship-authorised builder status and has produced award-winning tenders such as Faith, Viva, and the 11-metre multitask tender.
Product overview
Tenderworks is a Dutch boat builder specializing in exclusive full custom tenders and chase boats for superyachts. The company's core offering consists of bespoke limousine tenders (such as Faith, Viva, and the 11-metre award-winning model) that can transform from enclosed limousine to open configuration. Each tender is individually designed in partnership with the superyacht designer and built to match the mothership's specifications, with hulls optimized for garage space and performance. The company holds Feadship authorization for branding on tenders built for their customers.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 43 knots - maximum speed capability of the 11-metre tender
- +1 more outcomes
Companies that use Tenderworks
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Tenderworks technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Tenderworks partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- FeadshipcoreTenderworks works closely with Feadship, a leading superyacht builder, to ensure tenders are a perfect fit both physically and operationally. Feadship monitors the design and construction of boats bound for their customers and authorises Tenderworks to put the Feadship name on completed boats. This is a prestigious endorsement reflecting Tenderworks' quality standards.
- Superyacht DesignerscoreTenderworks works with superyacht designers and interior stylists to conceive unique tender concepts that fit the garage and match specific needs. Naval architect Patrick Banfield (Wally tender, Fjord) designs hull and propulsion combinations to optimise garage space and tender performance.
- Vandal MarineminorListed as a partner with logo displayed on Tenderworks website, indicating a collaborative industry relationship.
Scale indicators1 record
Recent moves6 records
Expansion highlights4 records
Tenderworks competitors and assessment
Company assessmentDirect peers
- Wetton Craft: UK-based custom superyacht tender builder with comparable design-led, one-off construction model serving UHNW superyacht owners.
- Compass Tenders: UK builder specialising in custom limousine and support tenders for superyachts. Closely comparable product offering and customer segment, with similar bespoke build economics.
- Pasco International: US-based custom superyacht tender builder producing bespoke limousine and chase boats to match mothership design. Direct peer in the luxury yacht tender niche with comparable one-off custom build model.
- Hodgdon Yachts: US custom yacht and tender builder with a heritage of bespoke composite construction for superyacht support craft. Comparable in custom build approach and superyacht customer base.
Broad incumbents
- Royal Huisman: Iconic Dutch custom yacht builder with similar heritage and bespoke craftsmanship ethos. Operates in adjacent custom-yacht space and shares the Dutch premium boat-building talent pool with Tenderworks.
- Amels (Damen Yachting): Dutch superyacht builder delivering custom and semi-custom yachts globally. Larger incumbent in the same ecosystem that Tenderworks supports with bespoke tenders.
- Feadship: Dutch superyacht builder and Tenderworks' flagship partner. Not a direct competitor but a broader incumbent in the same value chain that sources tenders from Tenderworks and brand-authorises them.
- Heesen Yachts: Dutch superyacht builder with comparable premium custom-build credentials and similar client base of UHNW owners. Not a tender specialist but competes for the same customer mindshare and pool of specialised Dutch boat-building talent.
Emerging players
- Lynx Yachts: Dutch custom yacht and support-craft builder with comparable size and bespoke-build ethos. Closely comparable Dutch peer that also serves UHNW owners with custom vessels.
- Wider Yachts: Italian builder of custom motor yachts and support tenders with comparable high-end bespoke offering for superyacht owners.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat5 records
Key highlights1 record
Customer concentration
Tenderworks social profiles
Digital presenceTenderworks financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tenderworks leadership team
Management profileNumber of profiles
Profiles1 record
Tenderworks funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tenderworks 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 Tenderworks
What does Tenderworks do?
Tenderworks BV is a Dutch custom boat builder that designs and constructs fully bespoke limousine tenders and chase boats exclusively for superyacht owners. Each tender is uniquely designed in collaboration with the superyacht's designer and interior stylist to match the mothership's lines, garage fit, and aesthetic, using premium materials including carbon fibre, traditional wood, and high-quality leather. The company holds Feadship-authorised builder status and has produced award-winning tenders such as Faith, Viva, and the 11-metre multitask tender.
Is Tenderworks a public or private company?
Tenderworks is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Tenderworks founded?
Tenderworks was founded in 1998. It employs 11 to 50 people.
Where is Tenderworks based?
Tenderworks is headquartered in Warmond, Netherlands, in the Europe region.
How does Tenderworks make money?
One revenue line is on record: custom Tender Sales.
Who are Tenderworks's main competitors?
Direct peers on record are Wetton Craft, Compass Tenders, Pasco International and Hodgdon Yachts. Broad incumbents are Royal Huisman, Amels (Damen Yachting), Feadship and Heesen Yachts. Emerging players are Lynx Yachts and Wider Yachts.
Does Tenderworks have an API?
No public API is recorded for Tenderworks.
What industry is Tenderworks in?
Tenderworks's product category is Luxury Superyacht Tenders. Its primary akta.pro industry code is IMAJAMAK, Luxury Yacht Tenders & Support Craft Manufacturing, with a secondary code of IMAJAEAL, Custom Yacht Building & One-Off Projects. Its NAICS code is 336612 and its SIC code is 3730.