# Arc Boat Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arc-boat-company

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: San Francisco, US
- Website: www.arcboats.com
- Total disclosed funding: $150M
- Latest round: Series C (Mar 19, 2026)
- Investors on record: 10

## About

Based in the US, Arc Boat Company designs and manufactures 100% electric boats, emphasizing performance, style, and sustainability for a diverse range of customers.Arc Boat Company, founded in 2021 in San Francisco, US, specializes in creating electric boats.  The founder, Mitch Lee, has a history of entrepreneurial ventures, although details of previous companies are not available.Arc specializes in designing and manufacturing 100% electric boats, including the Arc Sport, Arc Coast, and Arc One. Each model caters to various customer needs, from leisure boating to commercial applications, featuring advanced electric powertrains capable of delivering up to 500 horsepower. The company targets recreational boaters, commercial operators, and environmentally conscious consumers, with products marketed mainly in North America, Europe, and select regions in Asia, reflecting an intention to expand its market presence.Arc generates revenue through direct-to-consumer sales of its electric boats, primarily via its website and showrooms. The company positions its products at a premium price point, aligning with their performance and eco-friendly attributes. Revenue is further bolstered by partnerships with commercial operators and retailers, enhancing customer engagement through options for custom configurations and demonstrations. In March 2026, Arc Boat Company raised USD 50 million in series C funding from Eclipse Ventures, Menlo Ventures, Lowercarbon Capital, Andreessen Horowitz, Necessary Ventures, and Offline Ventures.

## Funding rounds

- Series C, Mar 19, 2026, $50M — Menlo Ventures, Andreessen Horowitz, Eclipse Ventures, Lowercarbon Capital, Necessary Ventures, Offline Ventures
- Series B, Sep 27, 2023, $70M — Menlo Ventures, Andreessen Horowitz, Eclipse Ventures, Abstract Ventures, Lowercarbon Capital
- Series A, Nov 23, 2021, $30M — Andreessen Horowitz, Abstract Ventures, Thirty5 Ventures, Lowercarbon Capital
- Seed, Feb 1, 2021 — Andreessen Horowitz, McCombs Partners, Abstract Ventures, Dreamers VC, Thirty5 Ventures, Lowercarbon Capital

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A, Series B, Series C
- McCombs Partners — Seed
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed, Series A, Series B
- Dreamers VC (https://capitalatlas.ai/funds/dreamers-vc) — Seed
- Thirty5 Ventures (https://capitalatlas.ai/funds/thirty5-ventures) — Seed, Series A
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed, Series A, Series B, Series C
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B, Series C
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series B, Series C
- Necessary Ventures (https://capitalatlas.ai/funds/necessary-ventures) — Series C
- Offline Ventures (https://capitalatlas.ai/funds/offline-ventures) — Series C