Swimply

Last updated
Swimply
Swimply Logo.png
Type of site
Private
Headquarters Los Angeles
Area served
Key people
  • Bunim Laskin (Founder)
  • Derek Callow (CEO)
Industry Online marketplace
Services
URL swimply.com
LaunchedJune 2019;6 years ago (2019-06) [1]

Swimply is an online marketplace for renting private swimming pools, sport courts, and houses by the hour. The platform operates as a peer-to-peer service enabling property owners to monetize underutilized backyard spaces while providing renters access to private pools. Reservations are made via the Swimply mobile app for Android or iPhone or via the company's website. Communication with guests, selection of amenities, and payment are all handled through the Swimply platform. [2] Swimply currently operates in the United States, Canada, and Australia.

Contents

Often described as the "Airbnb for pools," Swimply has expanded beyond pool rental services to include hot tubs, pickleball courts, tennis courts, basketball courts, backyards, and full home rentals by the hour.

History

Founder Bunim Laskin came up with the idea for the app at the age of 20, after noticing a neighbor's pool which was rarely in use. [3] He rented their pool in exchange for assistance paying for the pool's upkeep. [1] He then realized that he might have a scalable business plan and began finding other neighbor's pools using Google Earth's satellite photos. Launching as Swimply (swimming and simply), he soon had over 30 pools listed, 400 reservations and was featured on MSNBC. By the end of the year he dropped out of college to pursue the business full-time. [4] [5]

In November 2019, Swimply expanded to Australia. [6] [1]

Laskin appeared on a March 13, 2020 episode of Shark Tank pitching an investment opportunity in his company. [7] [8] All Sharks declined. [9] Asher Weinberger (former COO) later claimed the Sharks declined his offer partly due to the pandemic and the country going into lockdown.

Funding and revenue

Laskin received $30,000 from family and friends, followed by $1,200,000 in an initial seed round. [10] [11] Another round of funding fell through due to the COVID-19 pandemic, but the company did see a 4000% increase in revenue [12] during 2020. In 2021, Swimply closed a $10 million Series A round in 2021 led by Norwest Venture Partners. In 2022, Swimply raised $40 million in a funding round led by Mayfield. [13]

The round was followed on by Trust Ventures and other notable angels, including Poshmark CEO Manish Chandra and Ancestry.com CEO Debora Liu.

Swimply follows a similar pricing model to Airbnb, where commission fees are incurred both on the host and guest side. [1] [14] Hourly rentals start at $20 per hour in most markets [15] [16]

Business model

Swimply operates as a two-sided marketplace connecting property owners ("hosts") with individuals seeking short-term access to recreational amenities ("guests"). Hosts list their pools and other amenities, including descriptions, photographs, and hourly rates they set. Guests can search for available listings, filter by location and amenities, and book reservations through the Swimply mobile application or website.

The platform generates revenue through commission fees on both sides of transactions: a 15% fee charged to hosts and a 10% service fee charged to guests. Hourly rates for pool rentals typically range from $25 to over $100 [17] , with an average of approximately $45 per hour. The average reservation lasts two hours and accommodates five to eight guests. [18]

Liability

As of 2023, Swimply no longer provides a liability insurance policy. Swimply cancelled their insurance and replaced it with a "host guarantee" of $1 million that is self funded and $10,000 of property protection for hosts inside the United States. [2] Swimply requires pool owners to have their pools inspected for health and safety including inspection of tiles and chlorine levels. [19]

Regulatory

Swimply has faced regulatory challenges in multiple jurisdictions regarding whether private pools offered for rent should be classified as public pools subject to commercial licensing and safety requirements.

In 2021, the Wisconsin Department of Agriculture, Trade and Consumer Protection initially indicated that pools rented through Swimply would be subject to public pool regulations. [20] After Swimply, represented by the Wisconsin Institute for Law & Liberty, threatened litigation, the agency clarified that most pools offered on the platform would not be subject to commercial pool licensing requirements.

In Minnesota, the Department of Health issued guidance in 2021 classifying pools rented on Swimply as public pools. In November 2024, Swimply and several Minnesota pool owners filed a petition challenging this classification as an improperly promulgated rule. In March 2025, an administrative law judge dismissed the petition, finding the Department's interpretation consistent with state law. [21]

References

  1. 1 2 3 4 Callaghan, Greg (9 November 2019). "Would a swimming pool-sharing app make the same splash in Australia as it has in the US?". The Sydney Morning Herald. Retrieved 9 August 2020.
  2. 1 2 "Does Swimply offer host liability insurance or protection if my property is damaged?". Swimply.com. Retrieved 7 May 2021.
  3. https://www.timesofisrael.com/pool-rental-app-dives-into-deep-end-of-sharing-economy/amp/
  4. Handy, Bruce (2 September 2019). "At Last, An Airbnb for Pools". New Yorker. Retrieved 9 August 2020.
  5. Lidman, Melanie (23 September 2019). "Pool rental app dives into deep end of sharing economy". The Times of Israel. Retrieved 9 August 2020.
  6. Smith, Andrea (28 November 2019). "The Airbnb of swimming pools expands to Australia". Lonely Planet. Retrieved 9 August 2020.
  7. Heyn, Beth (13 March 2020). "Swimply on 'Shark Tank': 5 Fast Facts You Need to Know". Heavy.com. Retrieved 9 August 2020.
  8. DeMuro, Rich (29 July 2020). "People are renting out their pools by the hour to strangers using an app called Swimply and making thousands of dollars in the process". KTLA. Retrieved 9 August 2020.
  9. "How Fast Can Swimply Owner Talk in Order to Get a Deal? | Shark Tank US | Shark Tank Global". YouTube .
  10. Ganzallo, Simeon. "Swimply – Latest Shark Tank Update!". TechieGamers.com. Retrieved December 20, 2024.
  11. Rodrigues, Ashwin (7 November 2019). "Startup of the Week: An 'Airbnb for Pools' Where the Hosts Are Stock Images". VICE. Retrieved 9 August 2020.
  12. "Swimply raises $10M for pool marketplace". TechCrunch. 5 May 2021. Retrieved 2021-08-05.
  13. Azevedo, Mary Ann (2021-12-15). "Swimply raises $40M from Airbnb and Lime co-founders, VCs for its online pool marketplace". TechCrunch. Retrieved 2025-12-03.
  14. McDermott, Maura (5 August 2020). "Swimply's LI co-founder says business is booming for hourly pool rentals". Newsday. Retrieved 9 August 2020.
  15. Friedman, Gillian (21 July 2020). "Pandemic Luxury: 'Concierge-Style' Coaches and $350 Movie Tickets". The New York Times. Retrieved 9 August 2020.
  16. Lowe, Lindsay (6 August 2019). "Now you can rent your neighbor's swimming pool by the hour". TODAY. Retrieved 9 August 2020.
  17. "How Much Does a Booking Cost?". Swimply. 2024-07-09. Retrieved 2025-12-03.
  18. Dubin, Alesandra. "I used Swimply to rent a stranger's pool for a few hours and it was a cheap and relaxing way to spend the day". Business Insider. Retrieved 2025-12-03.
  19. Hazarika, Bharbi (21 September 2019). "Don't have a backyard pool? Swimply, the Airbnb of pools, might be your answer". Los Angeles Times. Retrieved 9 August 2020.
  20. Bauer, Scott (2021-09-01). "Swimming pool rental app: Wisconsin backs down on regulating it". Associated Press. Retrieved 2025-12-03.
  21. Howell, Alexandra; Center, Nicholas J. Nelson | Upper Midwest Law; Center, Alexandra Howell and Nicholas J. Nelson | Upper Midwest Law (2025-10-27). "Commentary: Minnesota health department overreach turns private pools into public property | AlphaNews.org". Alpha News MN. Retrieved 2025-12-03.