Pure Watercraft Overview
- Year Founded
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2011
- Status
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Private
- Employees
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104
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$5.08M
- Investors
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14
Pure Watercraft General Information
Description
Manufacturer of an electric propulsion system designed to make boating environmentally sustainable. The company's system provides electric outboard motors that are rechargeable with an electric propulsion system that is clean and quiet and also offers complete electric boats, enabling users to avail of watercraft that emit zero pollution, have minimal noise, are low maintenance, and can be easily recharged.
Contact Information
Website
www.purewatercraft.comCorporate Office
- 2151 North Northlake Way
- Suite 101
- Seattle, WA 98103
- United States
Corporate Office
- 2151 North Northlake Way
- Suite 101
- Seattle, WA 98103
- United States
Pure Watercraft Timeline
Pure Watercraft Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Later Stage VC | 30-Apr-2024 | $5.08M | Completed | Generating Revenue | ||
7. Later Stage VC (Series B) | 29-Apr-2022 | Completed | Generating Revenue | |||
6. Later Stage VC | 22-Nov-2021 | Completed | Generating Revenue | |||
5. Later Stage VC (Series A) | 15-Sep-2020 | Completed | Generating Revenue | |||
4. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 12-Dec-2019 | Completed | Generating Revenue | |||
2. Angel (individual) | $3M | $5.1M | Completed | Generating Revenue | ||
1. Debt - General | 22-Apr-2016 | $2.1M | $2.1M | Completed | Generating Revenue |
Pure Watercraft Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A-3 | ||||||||
Series A-2 | ||||||||
Series A-1 | 6,238,917 | $0.1 | $1.65 | $1.65 | 1x | $1.65 | 29.67% |
Pure Watercraft Comparisons
Industry
Financing
Details
Pure Watercraft Competitors (5)
One of Pure Watercraft’s 5 competitors is Zin Boats, a Venture Capital-Backed company based in Seattle, WA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Zin Boats | Venture Capital-Backed | Seattle, WA | ||||
Arc | Venture Capital-Backed | Los Angeles, CA | ||||
Elco Motor Yachts | Corporation | Lake George, NY | ||||
Mercury Marine | Corporation | Fond du Lac, WI | ||||
BRP | Corporate Backed or Acquired | Houston, TX |
Pure Watercraft Patents
Pure Watercraft Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-D984482-S1 | Outboard motor | Active | 16-Mar-2021 | ||
US-D912614-S1 | Battery pack | Active | 04-Jan-2019 | ||
US-20200067041-A1 | Batteries for electric marine propulsion systems, and associated systems and methods | Active | 21-Aug-2018 | ||
EP-3821495-A4 | Batteries for electric marine propulsion systems, and associated systems and methods | Pending | 21-Aug-2018 | ||
EP-3821495-A1 | Batteries for electric marine propulsion systems, and associated systems and methods | Pending | 21-Aug-2018 | B63H20/007 |
Pure Watercraft Signals
Pure Watercraft Investors (14)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
E8 (Seattle) | Angel Group | Minority | ||
Nosterra | Impact Investing | Minority | ||
Alexander Oki | Angel (individual) | Minority | ||
Andrew Rebele | Angel (individual) | Minority | ||
AZ Disruptors | Venture Capital | Minority |
Pure Watercraft Acquisitions (1)
Pure Watercraft’s most recent deal was a Merger/Acquisition with ELUX Marine. The deal was made on 05-Jan-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
ELUX Marine | 05-Jan-2021 | Merger/Acquisition | Marine |
Pure Watercraft FAQs
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When was Pure Watercraft founded?
Pure Watercraft was founded in 2011.
-
Where is Pure Watercraft headquartered?
Pure Watercraft is headquartered in Seattle, WA.
-
What is the size of Pure Watercraft?
Pure Watercraft has 104 total employees.
-
What industry is Pure Watercraft in?
Pure Watercraft’s primary industry is Other Consumer Durables.
-
Is Pure Watercraft a private or public company?
Pure Watercraft is a Private company.
-
What is Pure Watercraft’s current revenue?
The current revenue for Pure Watercraft is
. -
How much funding has Pure Watercraft raised over time?
Pure Watercraft has raised $213M.
-
Who are Pure Watercraft’s investors?
E8 (Seattle), Nosterra, Alexander Oki, Andrew Rebele, and AZ Disruptors are 5 of 14 investors who have invested in Pure Watercraft.
-
Who are Pure Watercraft’s competitors?
Zin Boats, Arc, Elco Motor Yachts, Mercury Marine, and BRP are competitors of Pure Watercraft.
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