About SeaTrac
SeaTrac is a Transportation, Automotive & Logistics company based in Marblehead (United States) founded in 2003 by Jigger Herman and Buddy Duncan. It operates as an uncrewed surface vehicles are developed for marine applications by SeaTrac. It operates on a Product-as-a-Service and Direct-to-Consumer (D2C) model in Transportation, Automotive & Logistics, Aerospace, Defense & Maritime, and Energy & Utilities sectors. SeaTrac has raised $2.8 million across 3 funding rounds. SeaTrac offers products and services including SeaTrac USV and SP-48 USV. Its focus areas include Technology, Maritime Technology, Uncrewed Surface Vehicles and Defense. Its legal entity is SeaTrac Systems, Inc. Its competitors include Saronic, Pure Watercraft, Arc Boats, Saildrone and Fleetzero and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
Uncrewed surface vehicles are designed and manufactured by SeaTrac for persistent in-shore and open-ocean missions. Solutions are provided for defense, environmental monitoring, and offshore energy sectors. Solar energy and efficient electric motors are utilized for propulsion, supported by substantial battery storage for consistent performance. A broad array of compatible sensors and intuitive software controls are integrated to access diverse marine environments and data. Cost-effective and reliable solutions are offered for near-shore and offshore applications, from pre-sale demos to field support.
- Headquarters Marblehead, United States
- Founders Jigger Herman, Buddy Duncan
- SectorsTransportation, Automotive & LogisticsAerospace, Defense & Maritime Energy & Utilities
- Email••••••••
- Phone•••• ••••
- Website seatrac.com
- Social LinkedIn
- Legal Name Seatrac Systems, Inc.
- Total Equity Funding$2.8M (USD)
in 3 rounds
- Latest Funding Round$899.96K (USD), Seed
Mar 2024
Products & Services of SeaTrac
SeaTrac offers a comprehensive portfolio of products and services, including SeaTrac USV and SP-48 USV.
Uncrewed surface vehicles are designed for marine missions.
Specific model of USV is built for data collection.
Funding Insights of SeaTrac
SeaTrac has successfully raised a total of $2.8M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $899.96 thousand completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.8M
- Total Rounds 3
- Last Round Seed — $899,955
- First Round $900,000
(Mar 2020)
All 3 funding rounds of SeaTrac with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $899,955 | Seed | – | – | – |
| Sep 2022 | $1M | Seed | – | – | – |
| Mar 2020 | $900,000 | Seed | – | – | – |
People of SeaTrac
4 people are tracked at SeaTrac (4 in leadership).
| Name | Role | Group |
|---|---|---|
Jigger Herman | Founder | Leadership |
Buddy Duncan | Founder | Leadership |
Jigger Herman, Marvin Duncan | Co-Founder, President | Leadership |
Hobie Boeschenstein | Director Of Product And Business Development | Leadership |
Complete people profiles for SeaTrac
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SeaTrac
3 dated milestones of SeaTrac across 21 years, from founding to its latest funding, stage changes and deals.
- Founded SeaTrac is founded.
- Funding First funding round of $900K.
- Funding Latest funding round, Seed, of $900K.
Competitors of SeaTrac
SeaTrac has 9 listed competitors in our database, 6 of them funded. They include Saronic, Pure Watercraft, Arc Boats, Saildrone and Fleetzero, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| saronic.com | 2022 | Austin, United States | $830.5M | 271 | Autonomous surface vessels are developed for naval and maritime applications. | |
| purewatercraft.com | 2011 | Seattle, United States | $67.66M | 52 | Electric boats and outboard motors are designed and manufactured. | |
| arcboats.com | 2021 | Los Angeles, United States | $100M | 55 | Electric ships are designed and manufactured using marine-grade aluminium. | |
| saildrone.com | 2012 | Alameda, United States | $234M | – | Developer of autonomous unmanned surface vehicle | |
| fleetzero.com | 2021 | Houston, United States | $16.46M | 14 | Modular electric cargo ships are built by Fleetzero in Houston. | |
| sceye.com | 2000 | Moriarty, United States | – | – | Solar-powered high-altitude airships are provided for connectivity and imaging. | |
| visionmarinetechnologies.com | 1995 | Boisbriand, Canada | – | 38 | Developer of electric boats | |
| switchmaritime.com | 2017 | Brooklyn, United States | $10M | – | Online platform offering marine transportation solutions and zero-emission ship development | |
| electricbluepower.com | 2019 | United States | – | – | Manufactures and develops lithium batteries and solar panels for energy solutions. |
Detailed competitors of SeaTrac
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of SeaTrac
The website of SeaTrac (seatrac.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 11.3% vs previous month
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as SeaTrac (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Frequently Asked Questions about SeaTrac
SeaTrac was founded in 2003 and raised its 1st funding round 17 years after it was founded.
SeaTrac is headquartered in Marblehead, United States. It is registered at Marblehead, Massachusetts, United States.
SeaTrac is a funded company, having raised a total of $2.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $900K, raised on Mar 2020.
Uncrewed surface vehicles are designed and manufactured by SeaTrac for persistent in-shore and open-ocean missions. Solutions are provided for defense, environmental monitoring, and offshore energy sectors. Solar energy and efficient electric motors are utilized for propulsion, supported by substantial battery storage for consistent performance. A broad array of compatible sensors and intuitive software controls are integrated to access diverse marine environments and data. Cost-effective and reliable solutions are offered for near-shore and offshore applications, from pre-sale demos to field support.
SeaTrac's top competitors include Saronic, Pure Watercraft and Fleetzero.
SeaTrac offers SeaTrac USV and SP-48 USV.
SeaTrac operates through Seatrac Systems, Inc..