When was Arc Boats founded?

Arc Boats was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Arc Boats located?

Arc Boats is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Who is the current CEO of Arc Boats?

Mitch Lee of Arc Boats. They have also founded 1 company.

How many employees does Arc Boats have?

As of Jun 30, 2026, the latest employee count at Arc Boats is 1850.

Is Arc Boats a funded company?

Arc Boats is a funded company, having raised a total of $150M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 2021.

When was the latest funding round of Arc Boats?

Arc Boats' latest funding was a $***** Series C round on Mar 19, 2026, with participation from 6 investors. Its primary sector is Electric Vehicles. In United States, the Electric Vehicles sector has seen $2.55B in funding in 2026 to date.

Where does Arc Boats rank among its competitors?

Arc Boats ranks 4th amongst 118 active competitors, of which 20 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Arc Boats, which secured $50M in Mar, 2026.

Who are the top competitors of Arc Boats?

Arc Boats' top competitors include Saildrone, Fleetzero and X Shore. Among them, Arc Boats secured the most recent funding round in March, 2026.

Arc Boats - 2026 Company Profile, Team, Funding & Competitors

Arc Boats is a series C company based in Los Angeles (United States), founded in 2021 by Mitch Lee. It operates as a Manufacturer of electric ships. Arc Boats has raised $150M in funding from investors like Andreessen Horowitz, Menlo Ventures and Abstract Ventures. The company has 118 active competitors, including 20 funded and 2 that have exited. Its top competitors include companies like Saildrone, Fleetzero and X Shore.

Company Details

Manufacturer of electric ships. It designs and develops boats using marine-grade aluminium materials. Its features include aluminium hulls, custom-built batteries, and electric propulsion engines.

Website: arcboats.com
Social
Email ID: *****@arcboats.com
Registered Address: Los Angeles, California, United States

Key Metrics

Founded Year

2021

Location

Los Angeles, United States

Stage

Series C

Total Funding

$150M in 5 rounds

Latest Funding Round

Series C, Mar 19, 2026, $*****

Investors

Andreessen Horowitz & 17 more

Ranked

4^th among 118 active competitors

Employee Count

1,850 as on Jun 30, 2026

Similar Companies

Fleetzero & 115 more

View Arc Boats' full profile

Arc Boats is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ARC BOAT COMPANY CIN: 861452240 , Belgium, Active	Jan 11, 2021	-	55 (As on Dec 31, 2022)	-

Arc Boats has raised a total funding of $150M over 5 rounds. Its first funding round was on Feb 2021. Its latest funding round was a Series C round on Mar 19, 2026 for $*****. 6 investors participated in its latest round. Arc Boats has 14 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Arc Boats:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 19, 2026	8477671	Series C	9480374	8961075	3957768	8257737
Sep 27, 2023	2174785	Series B	5756017	1322459	7413743	Abstract Ventures & 2 more
Nov 23, 2021	3661142	Series A	6519697	1460732	Greg Reichow	Andreessen Horowitz & 6 more

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View details of Arc Boats's funding rounds and investors

The founders of Arc Boats is Mitch Lee. Mitch Lee is the CEO of Arc Boats.

Here are the details of Arc Boats' key team members:

Mitch Lee: Co-Founder & CEO of Arc Boats.
Contact Info: 1 email address

View details of Arc Boats's Founder profiles and Board Members

Arc Boats' employee count trend

Arc Boats has 1,850 employees as of Jun 26. Here is Arc Boats's employee count trend over the years:

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Top competitors of Arc Boats include Saildrone, Fleetzero and X Shore. Here is the list of Top 10 competitors of Arc Boats, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Saildrone 2012, Alameda (United States), Series C	Developer of autonomous unmanned surface vehicle	$325M	Bond Capital, Social Capital & 23 others	64/100
2nd	Fleetzero 2021, Houston (United States), Series A	Platform offering modular electric propulsion and hull systems for cargo ships	$59.6M	Obvious Ventures, Breakthrough Energy & 9 others	63/100
3rd	X Shore 2016, Lidingo (Sweden), Series B	Manufacturer of electric boats	$113M	Team Europe, SEB & 7 others	61/100
4th	Arc Boats 2021, Los Angeles (United States), Series C	Manufacturer of electric ships	$150M	Menlo Ventures, Andreessen Horowitz & 16 others	59/100
5th	Pyxis 2022, Singapore (Singapore), Series A	Provider of data-driven solutions for optimising business performance and growth	$13.5M	Motion Ventures, Shift4Good & 6 others	57/100
6th	Navalt 2013, Kochi (India), Late Stage	Manufacturer of solar-electric and hybrid vessels for passenger, cargo, and defense	-	Villgro, BanyanTree Finance & 2 others	56/100
7th	Fountaine Pajot 1976, Aigrefeuille d Aunis (France), Public	Manufacturer of luxury catamarans and yachts	-	Ace Capital Partners, Unexo & 4 others	55/100
8th	VINSSEN 2017, South Korea, Series C	Developer of electric boats	$15.4M	Kyobo Securities, E&Investment & 11 others	55/100
9th	Vision Marine Technologies 1995, Boisbriand (Canada), Public	Developer of electric boats	-	Quebec, Invest Quebec	51/100
10th	Energy Observer 2013, Saint Malo (France), Unfunded	Developer of solutions for ecological transition focusing on renewable energy	-	-	49/100