Vertical SaaS · Pre-prototype · €115k seed

Surf where
there are
no waves.

An electric surfboard that rides like a classic wave board — built around NylenFleet, the operations platform that lets resorts and rental fleets run the whole show from one dashboard. Hand-laid in recycled carbon and classic fibreglass. Founder-shaped, software-anchored.

INVESTOR DECK → FOR OPERATORS

€115k seed round · 5 pilot boards · NylenFleet beta · Q3 2026 first deployment

01 · The Opportunity

A market growing 22% a year — with the premium gap wide open.

The electric waterjet surfboard market is going from $190M in 2025 to $1.45B in 2035 — 22.6% CAGR.

Lampuga, the largest German premium player, filed for insolvency in 2024 chasing a hardware-only consumer model. The category gap they leave behind isn't a hardware gap. It's an operator-platform gap.

No existing brand — Awake, Fliteboard, Radinn, LIND — solves the resort-and-rental operations layer. They all sell boards. They all walk away. We sit on top of that absence.

$1.45B

Market size by 2035

22.6%

Annual growth rate

$347B

Global resort market (TAM context)

Existing fleet-platform competitors

02 · The Product

Euphoria Series. Hand-laid in recycled carbon and classic fibreglass.

Concept render. Production photography in progress.

Two SKUs. Shaped to ride like real surfboards, not jetskis. 25 kW — more power than any waterjet board in class. ~18 kg total system weight — roughly half LIND's modular setup, thanks to a solid-state battery, a single motor, and a carbon-fibreglass hybrid that flexes the way a surfer expects.

	Shortboard	Midlength*
Length	5'4" (163 cm)	6'8" (203 cm)
Total weight	~18 kg	~22 kg
Propulsion	25 kW waterjet	25 kW waterjet
Battery	3.5 kWh solid-state	3.5 kWh solid-state
Top speed	~55 km/h	~48 km/h
Ride time	45–60 min	50–70 min
Construction	Recycled milled carbon + classic fibreglass · hand-laid
Drivetrain	Modular detachable (LIND-inspired)

* Midlength SKU is on the roadmap. Seed funds Shortboard tooling first.

Three engineering bets that compound

Solid-state battery

Higher energy density, better safety in marine environments, longer cycle life. Half the weight of an equivalent Li-Ion pack. The single biggest reason our system weight comes in under LIND's.

Single 25 kW motor

One waterjet, not a multi-motor configuration. Simpler powertrain, lower BOM, fewer failure modes for fleet maintenance. At 25 kW we lead the pack on power without needing redundancy.

Carbon + fibreglass hybrid

Recycled milled carbon laid with classic fibreglass — the same laminate traditional surfboards have used for decades. Pure carbon is fast and dead; the hybrid is fast and alive. Surfboard shapers have known this for forty years.

How Euphoria stacks up

	Nylen Euphoria	LIND	Awake RAVIK	Fliteboard Ultra	Lampuga Air
Power	25 kW	20 kW	18 kW	12 kW	12 kW
Surf-authentic shape	✓ Founder-shaped	✓	× wakeboard-style	× hydrofoil	✓
Total system weight	~18 kg	~34 kg (modular)	30+ kg	varies	n/a
Fleet operations SaaS	✓ NylenFleet	×	×	×	×
Recycled carbon	✓	×	×	×	×
Status	Pre-prototype, seed-stage	Shipping	Shipping	Shipping	Bankrupt 2024
Target price	~€15k	~€20k+ (est.)	€16–20k	€12–14k	€14–18k

03 · The Moat

NylenFleet™ — the operations layer for watersports rentals.

Designed around real operator jobs-to-be-done. Build begins at seed close; v1 deploys with the first five pilot boards.

NylenFleet · Operator Dashboard

Fleet at a glance

Board #001 · In use · Bay 2 · 87% battery

Board #002 · In use · Bay 4 · 64% battery

Board #003 · Charging · 42% → full in 36 min

Board #004 · Ready · Next: 14:00 booking

Board #005 · Maintenance flagged · Fin damage

Today · revenue snapshot

€1,840

11 rides

68%

Utilisation

4.8

Avg rating

Mockup · production visuals in progress.

In seed build · v1

Live fleet status

GPS location, battery, current ride state, next booking, maintenance flags. One screen, the whole operation.

In seed build · v1

Booking + customer profiles

Day/week/month calendar, deposit capture, customer histories, ID + waiver storage.

In seed build · v1

Geofencing + theft alerts

Operator-defined safe zones; instant alert if a board leaves the zone or moves outside operating hours.

In seed build · v1

Per-board revenue reporting

What each unit earned, comparison to fleet average, CSV export for resort accounting.

Post-Series-A · v2

Mobile apps, PMS integration, weather routing, AI demand pricing, multi-property dashboards

Once the seed proof point is validated (paid SaaS contracts from pilot operators), Series A funds the depth that turns NylenFleet from useful into indispensable.

04 · The Business

Fleet-economic pricing. Hardware is the entry point, SaaS is where LTV lives.

Starter

1–3 boards

€14.5k–15.5k

+ €75 /board/month

List price hardware
Standard 12-month warranty
Remote onboarding
NylenFleet beta access

Fleet

4–10 boards

−5% hardware

€65 /board/month

Volume discount
24-month hull warranty
In-person onboarding + train-the-trainer
Quarterly fleet advisory
Y1 consumables kit

Enterprise

11+ boards

−10% hardware

€55 /board/month

Custom volume discount
24-month full-system warranty
Dedicated success manager
Custom PMS / POS integration
Revenue-share option available

Operator unit economics · 5-board fleet, conservative scenario

	Y1	Y2	Y3
Hardware (5 boards · −5%)	€71,250	—	—
NylenFleet (€65 × 5 × 12)	€3,900	€3,900	€3,900
Service & consumables	included	€1,500	€1,500
Annual deep service	—	€3,500	€3,500
Operator outlay	€75,150	€8,900	€8,900
Gross booking revenue (illustrative)	€84,420	€84,420	€84,420
Operator net contribution	€9,270	€75,520	€75,520

Illustrative scenario only. Operator results vary with location, season, and pricing strategy.

05 · The Roadmap

From €115k seed to Series A in twelve months.

Seed close

€115k in the bank. Term sheet executed. Cap table set.

M1–3

Build the build

Zagreb workshop running. Shortboard mould fabricated. Supplier orders placed (solid-state battery, motor, telematics). NylenFleet v1 design locked.

M3–6

First 5 boards

5 production Shortboards built and QA'd. NylenFleet v1 in alpha then beta. Pilot operator contracts signed (target 3–5 operators).

M6–9

Pilot deployment

Boards shipped to pilot operators. NylenFleet beta running in live operations. Two months of real utilisation, revenue, and NPS data.

M9–12

Paid conversion + Series A

Beta exits. Target: ≥2 of 5 pilot operators convert to paid contracts within 30 days. Series A outreach opens.

Scale

Series A closed. Midlength tooling. CE marine certification programme. 25-board batch. Technical co-founder + NylenFleet lead engineer + operator success rep onboard.

06 · The Team

Founder-shaped. Software-anchored. Operator-aware.

Jan Nylen

Founder, CEO & lead shaper

Windsurfing since the 1980s. Shaping his own and friends' boards for as long.

Jan founded Avoccado Tech — an AI services agency — in 2025, and runs active enterprise co-sell motions with European automotive OEMs (Volvo, Zeekr EU, TOGG, Volkswagen) on Nebula Automotive's Digital Twin engineering platform. Nylen JetSurfboards d.o.o. is where that AI / software discipline meets four decades of hands-on board craft.

The unfair advantage: most jetboard founders are engineers with no surf credibility, surfers with no software, or marketers with neither. Jan is the rare combination of shaper + software + B2B distribution. The boards are built by the founder, not outsourced to a hired shaper. The software is built by the founder's parent company. The investors get one builder, not three subcontracts.

What we hire next (post-Series A)

Within 30 days of Series A

Technical co-founder / Head of Engineering

Owns the hardware platform — drivetrain, battery integration, marine compliance. Frees Jan to lead commercial + product.

Within 60 days

NylenFleet lead engineer

Owns the SaaS layer end-to-end. Converts seed-built v1 into the v2 platform.

Within 90 days

Operator success / sales rep

Owns pilot conversion + Fleet-tier deals. Mediterranean focus initially.

07 · The Ask

€115,000 seed. Five pilot boards. NylenFleet beta in operators' hands.

The proof point we're buying isn't "we built hardware." It's "operators will pay for the SaaS." That unlocks the Series A on vertical-SaaS comps.

Use of funds

35% First 5 pilot boards · €40,000
Materials, drivetrain, electronics, assembly — ~€8k all-in per board
17% Tooling — minimum viable · €20,000
Carbon moulds for Shortboard SKU. Midlength deferred to Series A.
13% NylenFleet v1 beta build · €15,000
Designer + part-time engineer for v1 scope.
13% R&D facility — Zagreb · €15,000
Workshop lease, utilities, layup table, basic equipment.
9% Founder runway · €10,000
Modest founder salary across the seed period.
7% CE marine pre-certification · €8,000
Compliance review, test plan, technical file prep. Full cert is a Series-A milestone.
6% Contingency · €7,000
Reserve for supplier delays, FX volatility, unexpected costs.

Total: €115,000

Seed proof point · M12

5 pilot operators using NylenFleet beta, ≥2 converted to paid contracts within 6 months of beta exit.

That's the Series-A milestone. Not "we built hardware" — "operators will pay for the SaaS."

Series A target · Y2

€750k–€1.5M for 25–50 board scale-up, full CE cert, technical co-founder + NylenFleet lead, multi-market sales push.

Priced on vertical-SaaS comps. Mews, Booqable, Goodshuffle adjacent.

Investor enquiries

jan@avoccado.io

Or book a 30-min screening call — reply to this page's URL with your preferred slot.

For Operators

If you run a resort, marina, or rental fleet — talk to us about the pilot.

Five pilot boards. Three to five operators. NylenFleet beta running in your operation. Quarterly check-ins. Real data, real product, no marketing spin.

Mediterranean focus

Q3 2026 first deployments. Logistics-favourable for our build base. Italy, Croatia, Greece, Spain, France.

Premium positioning

Designed for 4-star+ resorts, charter operators, and watersports rental shops at premium destinations. Pricing tailored to fleet economics.

Beta agreement, not sales pitch

Pilot operators receive a board under a beta/test agreement, get NylenFleet free for 3 months, and decide at month 9 whether to convert.

EMAIL ABOUT THE PILOT →

Surf where there are no waves.

A market growing 22% a year — with the premium gap wide open.

Euphoria Series. Hand-laid in recycled carbon and classic fibreglass.

Three engineering bets that compound

Solid-state battery

Single 25 kW motor

Carbon + fibreglass hybrid

How Euphoria stacks up

NylenFleet™ — the operations layer for watersports rentals.

Live fleet status

Booking + customer profiles

Geofencing + theft alerts

Per-board revenue reporting

Mobile apps, PMS integration, weather routing, AI demand pricing, multi-property dashboards

Fleet-economic pricing. Hardware is the entry point, SaaS is where LTV lives.

Operator unit economics · 5-board fleet, conservative scenario

From €115k seed to Series A in twelve months.

Seed close

Build the build

First 5 boards

Pilot deployment

Paid conversion + Series A

Scale

Founder-shaped. Software-anchored. Operator-aware.

What we hire next (post-Series A)

Technical co-founder / Head of Engineering

NylenFleet lead engineer

Operator success / sales rep

€115,000 seed. Five pilot boards. NylenFleet beta in operators' hands.

Use of funds

If you run a resort, marina, or rental fleet — talk to us about the pilot.

Mediterranean focus

Premium positioning

Beta agreement, not sales pitch

Let's talk.

Surf where
there are
no waves.