# Arc Boats

**Source:** https://www.startuphub.ai/startups/arc-boats
**Profile type:** Startup

> Electric boat manufacturer building high-performance all-electric watercraft with aerospace engineering.

## About

Arc, cofounded in 2021 by CEO Mitch Lee and CTO Ryan Cook (former SpaceX lead engineer), is an American electric boat manufacturer based in Los Angeles specializing in high-performance all-electric watercraft. The company has raised over $150M from Andreessen Horowitz, Eclipse Ventures, Menlo Ventures, and celebrity investors including Will Smith and Kevin Durant. Arc expanded into commercial and defense boats with a $50M Series C.

## Key facts

- **Slug:** arc-boats
- **Website:** https://arcboats.com
- **Location:** Los Angeles, United States
- **Founded:** 2021
- **Employees:** 80
- **Operating status:** Active
- **Total funding:** $155M
- **Sectors / tags:** Electric Vehicles, Marine, Clean Energy, Manufacturing
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/arc-boat-company

## Frequently asked

### What does Arc Boats do?

Arc, cofounded in 2021 by CEO Mitch Lee and CTO Ryan Cook (former SpaceX lead engineer), is an American electric boat manufacturer based in Los Angeles specializing in high-performance all-electric watercraft. The company has raised over $150M from Andreessen Horowitz, Eclipse Ventures, Menlo Ventures, and celebrity investors including Will Smith and Kevin Durant. Arc expanded into commercial and defense boats with a $50M Series C.

### How much funding has Arc Boats raised?

Arc Boats has raised a total of $155M in funding. The most recent round on record is Series C.

### Where is Arc Boats headquartered?

Arc Boats is headquartered in Los Angeles, United States.

### When was Arc Boats founded?

Arc Boats was founded in 2021.

### What industry does Arc Boats operate in?

Arc Boats operates in Electric Vehicles, Marine, Clean Energy, Manufacturing.

### How many employees does Arc Boats have?

Arc Boats has approximately 80 people on record.

### What is Arc Boats's revenue?

StartupHub estimates Arc Boats's annual revenue at $50.1M (range $28.0M to $169.8M, 65% confidence), based on comparable companies in the sector.

### What is Arc Boats's valuation?

StartupHub estimates Arc Boats's effective valuation at $604.5M (range $387.5M to $930.0M, 23% confidence), based on comparable companies in the sector.

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