Tech Company Financing Transactions
Pure Watercraft Funding Round
Pure Watercraft closed a $23.4 million Series A funding round on 9/23/2020. Investors included L37 and private investors.
Transaction Overview
Company Name
Announced On
9/23/2020
Transaction Type
Venture Equity
Amount
$23,400,000
Round
Series A
Investors
L37 (Lead Investor)
Proceeds Purpose
The company will use the new funding to scale operations from beta to broad commercialization, including building out its manufacturing facility, growing its direct-to-customer field installation and support team, and hiring key engineering, sales and marketing, and manufacturing talent.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
2151 N Northlake Way 210
Seattle, WA 98103
USA
Seattle, WA 98103
USA
Phone
Undisclosed
Website
Email Address
Overview
We started this company in 2011 with a belief that boating could be made better and more environmentally sustainable. We truly want to lead a transformation of boating for the next generations to hit the water. A kind of revolutionary watercraft experience, designed and optimized for the way we live and boat now.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Rebele
Controller
David Bukacek
VP - Engineering
Miguel Marmol
VP - Finance
Alexander Oki
VP - Human Resources
TJ Ewing
VP - Manufacturing
Thomas Gruber
VP - Marketing
Jason Farris
Browse more venture capital transactions:
Prev: 9/23/2020: Papa Technologies venture capital transaction
Next: 9/23/2020: RoadRunner Recycling venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs