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Pure Watercraft Closes $37.5 Million Series A Funding Round to Deliver High-Performance Electric Outboard Motors, Leading the Way to Clean & Quiet Boating

PRIVATEDec 18, 2020

Amount Raised

$37 Million

Round Type

Series A

SeattleInformation TechnologySports

Description

 Pure Watercraft, the leader in electric boating technology, has closed a total Series A financing of $37.5M, including a previously-announced $23.4M. The oversubscribed funding round was led by L37, a hybrid venture capital and private equity firm; L37 Managing Partner Randall Ussery will join Pure Watercraft's board of directors.

Who else raised in Sports around the same time

Companies in the same sectors as Pure Watercraft, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • NOBULL raised $27M on January 29, 2021.
  • Hygieia raised $900K (Seed) on January 27, 2021.
  • Valera Health raised $4.7M (Seed) on January 5, 2021.
  • Spartan Race Inc. raised $5.8M on January 4, 2021.
  • Michael Waltrip Brewing raised $300K on December 30, 2020.
  • Verily raised $700M on December 17, 2020.

Who to call at Pure Watercraft, Inc., and when

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Company Information

Company

Pure Watercraft, Inc.

Location

2151 N. NORTHLAKE WAY

Seattle, Washington, United States

About

Pure Watercraft is revolutionizing boating, starting by building an innovative electric propulsion system that is clean and quiet without compromising performance.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Pure Watercraft, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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