Arc is an electric boat manufacturer, blending modern aerospace design and manufacturing techniques with traditional marine craftsmanship to make boating accessible, more enjoyable, and improve sustainability by reducing noise and pollution.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/27/2023 | Series B-2 | $2MM | $xx.xx | $30.73B | Abstract Ventures, Andreessen Horowitz, Eclipse Ventures, Lowercarbon Capital, Menlo Ventures, Shawn Carolan | |
Price per Share
$xx.xx
Shares Outstanding
191,826
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Abstract Ventures, Andreessen Horowitz, Eclipse Ventures, Lowercarbon Capital, Menlo Ventures, Shawn Carolan
|
||||||
09/27/2023 | Series B-1 | $70MM | $xx.xx | $30.73B | Abstract Ventures, Andreessen Horowitz, Eclipse Ventures, Lowercarbon Capital, Menlo Ventures, Shawn Carolan | |
Price per Share
$xx.xx
Shares Outstanding
5,482,026
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Abstract Ventures, Andreessen Horowitz, Eclipse Ventures, Lowercarbon Capital, Menlo Ventures, Shawn Carolan
|
||||||
11/23/2021 | Series A | $33.26MM | $xx.xx | $15.38B | Abstract Ventures, Andreessen Horowitz, Eclipse Ventures, Greg Reichow, Lowercarbon Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,936,129
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Abstract Ventures, Andreessen Horowitz, Eclipse Ventures, Greg Reichow, Lowercarbon Capital
|
||||||
02/15/2021 | Series Seed | $4.25MM | $xx.xx | $2.12B | Andreessen Horowitz, Combs Enterprises, Dreamers Vc, Thirty Five Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,433,018
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Combs Enterprises, Dreamers Vc, Thirty Five Ventures
|