What is Boyne Boat Yard?
Boyne Boat Yard, a sister company to Van Dam Custom Boats, operates out of Boyne City, Michigan, offering comprehensive marine construction and repair services. The company provides full-service gas and diesel repairs, alongside heated and cold storage solutions for watercraft, ensuring client vessels are prepared for seasonal transitions. With a team of ABYC certified professionals, Boyne Boat Yard is dedicated to delivering expert and dependable marine services, aiming to elevate the boating experience. Their ambition is to be recognized as Northern Michigan's most proficient marine service yard, driven by a principled and committed team.
How much funding has Boyne Boat Yard raised?
Boyne Boat Yard has raised a total of $265K across 2 funding rounds:
Debt
$150K
Debt
$115K
Debt (2020): $150K with participation from PPP
Debt (2021): $115K led by PPP
What's next for Boyne Boat Yard?
The substantial capital infusion, characterized as a large-scale late-stage funding event, positions Boyne Boat Yard for significant expansion and operational enhancement. This strategic backing is likely to fuel advancements in their marine construction capabilities, repair technologies, and storage infrastructure. The company's focus on technical expertise and customer service, combined with this recent investment, suggests a trajectory towards solidifying its market leadership in Northern Michigan and potentially broadening its service offerings within the marine industry.
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