About Sea Tow
Sea Tow was established in 1983 in Southold, United States, within the maritime assistance sector. Boat towing, on-water repairs, and emergency response services are delivered to members across coastal and inland waterways in the country. Operations rely on a network of professional captains dispatched via radio or phone requests. The company was founded by Joe Frohnhoefer, with Joseph Frohnhoefer III serving as CEO. Coverage extends to over 40,000 members nationwide.
- Headquarter Southold, United States
- Founders Joe Frohnhoefer
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sea Tow Services International, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$80 K (USD), Grant
Aug 26, 2009
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Investors
FEMA
& 1 more
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Employee Count
Employee Count
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Acquired by
Eduardo Barreto
(Feb 22, 2019)
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Funding Insights of Sea Tow
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $80,000
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First Round
First Round
(26 Aug 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2009 | Amount | Grant - Sea Tow | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sea Tow
Sea Tow has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include FEMA and Eduardo Barreto. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Federal emergency management and disaster response are coordinated nationwide.
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Founded Year | Domain | Location | |
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Personal development services are provided by Eduardo Barreto.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sea Tow
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sea Tow
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sea Tow Comparisons
Competitors of Sea Tow
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sea Tow
When was Sea Tow founded?
Sea Tow was founded in 1983 and raised its 1st funding round 26 years after it was founded.
Where is Sea Tow located?
Sea Tow is headquartered in Southold, United States. It is registered at Southold, New York, United States.
Who is the current CEO of Sea Tow?
Joseph Frohnhoefer III is the current CEO of Sea Tow.
What does Sea Tow do?
Sea Tow was established in 1983 in Southold, United States, within the maritime assistance sector. Boat towing, on-water repairs, and emergency response services are delivered to members across coastal and inland waterways in the country. Operations rely on a network of professional captains dispatched via radio or phone requests. The company was founded by Joe Frohnhoefer, with Joseph Frohnhoefer III serving as CEO. Coverage extends to over 40,000 members nationwide.
Who are Sea Tow's investors?
Sea Tow has 2 investors. Key investors include FEMA, and Eduardo Barreto.