Welcome back. June is here, peak season is fully underway, and there's a lot to cover this month.
We announced a partnership with PSG — and we're sharing the demand data that tells the same story the investment does. We're giving you a first look at Dockwa Service, launching soon. We're talking about why some marinas are running dual systems and paying for it in ways they don't track. A quick update on Spaces (more on that below). And we're making the case that your fuel dock is one of your biggest marketing assets right now.
Let's get into it.
We recently announced a partnership with PSG, a growth equity firm focused on high-growth software businesses. The marina industry — a $57 billion economy with nearly 4,000 marinas and 450,000+ boaters — is exactly the kind of large, underserved market PSG focuses on.
The investment reflects what our data already shows. Bookings are up 13% year over year. Fuel searches are up 5x. Diesel prices at the dock are up 52%. The boaters driving volume growth are price-aware, planning in real time, and more likely than ever to choose a marina based on what they find online.