Quad Marine (Equity)

Funding Details
Awarder
StartEngine
Date Award
December 30, 2017
Vertical
Recreational Watercraft
Funding URL
View Funding Page
Premoney Valuation
$4,000,000
Valuation
$4,000,000
Funding Amount:
$28,810,000

Company Info
Founding Year
2017
Traction
Quad Marine is positioned to benefit from positive market factors such as the forecast for the recreational boating industry, new technologies from the auto industry, bans on internal combustion engines, and consumer interest in electric vehicles and green energy.
Organizations Involved
Fairwind Yacht Club, Xetabase, Orchestra.Net, Venture Fourth
Founders
Steve Salani, Mike Leneman
Company Description
Quad Marine is a developer of an electric catamaran.
Market
Marine Industry
Location
El Segundo, CA, US
Coinvestors
StartEngine Capital, LLC

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