# Arc

> Arc is a Los Angeles electric boat company building battery-powered watercraft from the ground up - software, motors, battery packs and hulls - rather than retrofitting gas boats. Founded in 2021 by veterans of SpaceX, Rivian and Tesla, Arc started with the high-end Arc One, found its commercial footing with the Arc Sport electric wake boat and the Arc Coast center console, and is now extending its propulsion stack into commercial and defense vessels including electric and hybrid tugboats. The pitch: quiet, fume-free, low-maintenance boats with the torque and software experience of an EV.

- **Founded:** 2021
- **Headquarters:** Los Angeles, California, United States
- **Founders:** Mitch Lee (Co-founder & CEO), Ryan Cook (Co-founder & CTO (former lead engineer at SpaceX))
- **Team size:** ~100 employees
- **Products:** Arc One, Arc Sport, Arc Coast, Commercial & defense propulsion
- **Notable:** Raised roughly $160M total since 2021 across seed, Series A, B and C rounds., Shipped the Arc One and brought a credible electric wake boat (Arc Sport) to market., Expanded from a single luxury cruiser to three consumer models plus a commercial/defense propulsion business.

## Products & services

- **Arc One** — The company's first boat: a 24-foot luxury electric cruiser with a 220 kWh battery and roughly 500 hp, around $300,000, with deliveries beginning in 2022. Built to prove the platform.
- **Arc Sport** — A 23-foot all-electric wake boat unveiled in 2024. ~570 hp, a 226 kWh battery providing 5-6 hours of use, up to ~40 mph, seats 15. About 3,000 lbs of battery sits in the transom and doubles as ballast for bigger wakes. Priced from $258,000. Gets over-the-air software updates.
- **Arc Coast** — A 24-foot electric center console announced in 2025 with a 226 kWh battery, ~400 hp, ~50 mph top speed and 10-passenger capacity. Starting price around $168,000, deliveries expected 2026.
- **Commercial & defense propulsion** — Electric and hybrid-electric workboats and propulsion systems, including hybrid-electric tugboats for the ports of LA and Long Beach, plus selling electric propulsion to commercial and defense customers.

## Achievements

- Raised roughly $160M total since 2021 across seed, Series A, B and C rounds.
- Shipped the Arc One and brought a credible electric wake boat (Arc Sport) to market.
- Expanded from a single luxury cruiser to three consumer models plus a commercial/defense propulsion business.
- Signed a reported $160M deal to build hybrid-electric tugboats for the LA / Long Beach ports.
- Attracted top-tier VCs (a16z, Eclipse, Menlo, Lowercarbon) and high-profile individual backers.

## Latest updates

- **2026-03** — Raised a $50M Series C to expand into electric commercial and defense vessels; total funding reaches roughly $160M.
- **2025-05** — Announced the Arc Coast, a 24-foot electric center console starting around $168,000 with deliveries expected in 2026.
- **2025** — Moved into commercial marine with electric and hybrid-electric tugboat projects for the Port of LA and Long Beach.
- **2024-02** — Unveiled the Arc Sport electric wake boat, priced from $258,000.

## Links

- Website: https://arcboats.com
- LinkedIn: https://www.linkedin.com/company/arc-boat-company
- Twitter/X: https://twitter.com/ArcBoats
- YouTube: https://www.youtube.com/@arcboats
- Instagram: https://www.instagram.com/arcboats
- Facebook: https://facebook.com/ArcBoats

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Profile page: https://yespress.io/arc
Published by YesPress — https://yespress.io
Last updated: 2026-06-10