arcboats.comTransportation / Electric VehiclesFounded: 2021Funding to Date: $109.51MM
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 | $307.28MM | Eclipse Ventures, Andreessen Horowitz, Lowercarbon Capital, Abstract Ventures, 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
N/A
Key Investors
Eclipse Ventures, Andreessen Horowitz, Lowercarbon Capital, Abstract Ventures, Menlo Ventures, Shawn Carolan
|
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09/27/2023 | Series B-1 | $70MM | $xx.xx | $307.28MM | Eclipse Ventures, Andreessen Horowitz, Lowercarbon Capital, Abstract Ventures, 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
N/A
Key Investors
Eclipse Ventures, Andreessen Horowitz, Lowercarbon Capital, Abstract Ventures, Menlo Ventures, Shawn Carolan
|
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11/23/2021 | Series A | $33.26MM | $xx.xx | $153.77MM | Greg Reichow, Eclipse Ventures, Andreessen Horowitz, Lowercarbon Capital, Abstract Ventures | |
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
N/A
Key Investors
Greg Reichow, Eclipse Ventures, Andreessen Horowitz, Lowercarbon Capital, Abstract Ventures
|
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02/15/2021 | Series Seed | $4.25MM | $xx.xx | $21.25MM | Andreessen Horowitz, Dreamers VC, Thirty Five Ventures, Combs Enterprises | |
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
N/A
Key Investors
Andreessen Horowitz, Dreamers VC, Thirty Five Ventures, Combs Enterprises
|