About

Founded

2021

Headquarters

Los Angeles, California

Industry

Boating, Hardware

Company Description

Arc is a venture-backed startup manufacturing and selling high-performance electric boats. We’re starting with watersport boats, but have an eye toward electrifying the watercraft industry.

Quick Links

Website Jobs

Funding

Total Raised

$100 million

Valuation

Undisclosed

Significant Investors

Menlo Ventures, Andreessen Horowitz, Lowercarbon Capital, Abstract Ventures, Dreamers VC, 35 Ventures, Combs Enterprises

Company Traction

As of June 2023, Arc Boats’ first boat, Arc One, is sold out. They produced fewer than 25 Arc One boats and priced them at $300,000.

Leadership Team

Mitch Lee: Founder & CEO of Arc Boats. Former Senior Manager at Credit Karma.

Ryan Cook: CTO at Arc Boats. Former Lead Engineer at SpaceX.

Ted Herringshaw: Head of Product at Arc Boats. Former Lead Product Manager at Uber.

Lee Stapleton: Marketing Lead at Arc Boats. Former CMO at The EMQQ ETF.

Robert Binkowski: Manager, Vehicle Engineering at Arc Boats. Former Vehicle Engineer at SpaceX.

Press

CBS News (May 27, 2023): The future of boating is electric

Axios (October 20, 2022): Electric boating company makes Austin push

TechCrunch (November 23, 2021): Arc hooks another $30M in investment as EV interest spills over into electric boats

Arc Boats