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Pure Watercraft Secures $23.4 Million Series A Round To Transform Boating Worldwide

PRIVATESep 22, 2020

Amount Raised

$23 Million

Round Type

Series A

SeattleInformation TechnologySports

Description

Pure Watercraft, provider of next-generation electric marine propulsion solutions, today announced it has raised $23.4 million in Series A funding led by L37, a San Francisco Bay Area venture capital and private equity company. Pure Watercraft 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

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.

Fundz sees it the moment Pure Watercraft, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
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ML-powered predictions for Pure Watercraft, Inc.'s next move

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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.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.