Arc Boats close a $70M Series B

Powering the next wave © Arc Boats

We've been busy in the 2.5 years since founding Arc — designing, manufacturing, and delivering the Arc One, the most advanced electric boat on the water today. That was no small feat, but it was just a starting point.

We're thrilled to announce that we've closed a $70 million Series B to propel our next wave of boats.

All of our major investors, including Eclipse, Andreessen Horowitz, Lowercarbon Capital, and Abstract Ventures, participated in the round. We also welcomed Menlo Ventures to the crew, an investment led by long-time partner and boating enthusiast Shawn Carolan. The strength of the round and conviction from these amazing investors has been inspiring, and we're thankful to have them all aboard.

For Arc, this round represents a major inflection point. We're more energized than ever before to pursue our mission — and we could not be more excited for what lies ahead. We're already hard at work developing the next wave of high-performance electric boats, and scaling our team and company to meet the incredible demand.

Thank you as always for your support as we electrify the marine industry. And, of course, if you're interested in getting involved more directly... we're hiring!

Learn more here.