Dockwa Raises Growth Capital

Dockwa, a Newport, Rhode Island-based provider of operating system software for the marina industry that has secured a strategic growth investment from PSG.
Investors

This investment was led by PSG, a growth equity firm that partners with software and technology-enabled services companies to assist with transformational growth.

Dockwa Use of Funds

Dockwa plans to use the capital to accelerate the development of its AI-native product suite, including its dynamic-pricing engine Telescope and the Marina-X benchmarking and underwriting layer. The company also intends to expand its module adoption among existing operators and extend its platform into Canada and Europe.

About Dockwa

Led by co-founder and CEO Mike Melillo, Dockwa provides marina management and boating commerce software for the marine industry. The company's platform enables marinas to manage transient and long-term reservations, contracts, payments, fuel and retail point-of-sale operations, electric metering, and pricing from a single system. Founded in 2015, Dockwa serves nearly 4,000 marinas and more than 450,000 boaters.

Funding Details

Company Website: https://dockwa.com

Company: Dockwa
Round: Growth Capital
Funding Date: June 3, 2026
Lead Investor: PSG
Company Website: dockwa.com
Software Category: Marina management software
Source: https://www.businesswire.com/news/home/20260603108633/en/Dockwa-Secures-Strategic-Growth-Investment-from-PSG-to-Build-the-Operating-System-for-the-%2457-Billion-Marina-Economy