About Vision Marine Technologies
Vision Marine Technologies is a publicly listed company based in Boisbriand (Canada) founded in 1995. Vision Marine Technologies has completed 1 acquisition, including Nauticalventures. Its chief executive is Alexandre Mongeon. Its website visionmarinetechnologies.com draws about 21 thousand monthly visits. Vision Marine Technologies offers products and services including E-Motion™ 180E, P Powerpack, Electric Pontoon V24, and Electric Boat Fantail 217. Its focus areas include Aerospace, Maritime and Defense Tech, Maritime Tech, Innovative Marine Vehicles and Electric. Its legal entity is VISION MARINE TECHNOLOGIES INC. Its competitors include Pure Watercraft, Arc Boats, Saildrone, Fleetzero and Open Ocean Robotics and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Developer of electric boats. It provides users with electric powertrains for boats. Its features include electric propulsion, fibreglass and hardwood construction, cruise electric motors, Li-ion batteries, outboard retractable motors, Bluetooth radio and chargers, carbon fibre poles, boat covers, and underwater and navigational lights.
- Annual Revenue$13.83 M (USD)395.85as on Aug 31, 2025
- Net Profit-$21.65 M (USD)-108.53as on Aug 31, 2025
- EBITDA-$9.55 M (USD)16.28as on Aug 31, 2025
- Latest Funding Round$2.9M (USD), Post-IPO
Dec 2023
- InvestorsInvest Quebec
& 1 more
- Investments & Acquisitions
Products & Services of Vision Marine Technologies
Vision Marine Technologies offers a comprehensive portfolio of products and services, including E-Motion™ 180E, P Powerpack, Electric Pontoon V24, and Electric Boat Fantail 217.
Provides electric propulsion for recreational boats with sustainable power.
Delivers 180 HP electric system for pontoon boats.
Offers zero-emission boating for up to 12 passengers.
Features 6 HP electric motor for leisure water activities.
Apps and channels of Vision Marine Technologies
its YouTube channel Vision Marine Technologies has 2.91K subscribers and 30 videos.
Videos from Vision Marine Technologies
The most watched videos on Vision Marine Technologies's YouTube channel, Vision Marine Technologies (2.91K subscribers). Click a video to play it here.
More on Vision Marine Technologies.
Funding Insights of Vision Marine Technologies
- Total Rounds 2
- Last Round Post-IPO — $2.9M
- First Round $1.4M
(Jun 2021)
- Investors Count 2
All 2 funding rounds of Vision Marine Technologies 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 |
|---|---|---|---|---|---|
| Dec 2023 | $2.9M | Post-IPO | – | – | |
| Jun 2021 | $1.4M | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Vision Marine Technologies
Vision Marine Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Invest Quebec and Gouvernement du Québec.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Business guidance for corporate companies and startups | – | investquebec.com | Quebec City, Canada | |
Government services are provided to residents of Québec, Canada. | – | quebec.ca | Canada |
Investor details for Vision Marine Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Vision Marine Technologies
5 people are tracked at Vision Marine Technologies (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Alexandre Mongeon | CEO | Leadership |
Raffi Sossoyan | Chief Financial Officer | Leadership |
Zach Crawford | Director Of Global Sales | Business Developement | Leadership |
Dan Rathe | Chief Technology Officer | Leadership |
Philippe Couillard | Administrateur | Team |
Complete people profiles for Vision Marine Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Vision Marine Technologies
Vision Marine Technologies is a publicly listed company on the NASDAQ with ticker symbol VMAR in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Nov 2020
- Listed onNASDAQ: VMAR
- Listed entityVision Marine Technologies Inc.
- Exchange sectorConsumer durables
Investments & Acquisitions by Vision Marine Technologies
Vision Marine Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nauticalventures.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Marine retail and services are provided by Nautical Ventures. | nauticalventures.com | – | 0 | Jun 2025 | •••• |
Complete acquisition details for Vision Marine Technologies
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Timeline of Vision Marine Technologies
5 dated milestones of Vision Marine Technologies across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Vision Marine Technologies is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $1.4M.
- Funding Latest funding round, Post-IPO, of $2.9M.
- Acquisition Acquires Nauticalventures.
Competitors of Vision Marine Technologies
Vision Marine Technologies has 9 listed competitors in our database, 8 of them funded. They include Pure Watercraft, Arc Boats, Saildrone, Fleetzero and Open Ocean Robotics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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. | |
| openoceanrobotics.com | 2017 | Victoria, Canada | $6M | – | Unmanned autonomous boats are supplied for oceanic data collection. | |
| sceye.com | 2000 | Moriarty, United States | – | – | Solar-powered high-altitude airships are provided for connectivity and imaging. | |
| switchmaritime.com | 2017 | Brooklyn, United States | $10M | – | Online platform offering marine transportation solutions and zero-emission ship development | |
| seatrac.com | 2003 | Marblehead, United States | $2.8M | – | Uncrewed surface vehicles are developed for marine applications by SeaTrac. | |
| ltsmarine.com | 2009 | Sainte Catherine, Canada | $149,669 | – | Electric boats and propulsion systems are supplied for marine applications. |
Detailed competitors of Vision Marine Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Vision Marine Technologies
The website of Vision Marine Technologies (visionmarinetechnologies.com) receives about 20.6K visits a month.
- Monthly visits20.6K
▼ 1.8% vs previous month
Websites whose visitors overlap most with Vision Marine Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
visionelectricboats.com | visionelectricboats.com | 100% | – | #5,712,568 | – |
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Vision Marine Technologies (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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Related news about Vision Marine Technologies
Complete news archive for Vision Marine Technologies
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Frequently Asked Questions about Vision Marine Technologies
Vision Marine Technologies was founded in 1995 and raised its 1st funding round 26 years after it was founded.
Vision Marine Technologies is headquartered in Boisbriand, Canada. It is registered at Boisbriand, Quebec, Canada.
Alexandre Mongeon is the current CEO of Vision Marine Technologies.
Annual revenue of Vision Marine Technologies is $13.83M as on Aug 31, 2025.
Developer of electric boats. It provides users with electric powertrains for boats. Its features include electric propulsion, fibreglass and hardwood construction, cruise electric motors, Li-ion batteries, outboard retractable motors, Bluetooth radio and chargers, carbon fibre poles, boat covers, and underwater and navigational lights.
Vision Marine Technologies's top competitors include Pure Watercraft, Fleetzero and Arc Boats.
Vision Marine Technologies offers E-Motion™ 180E, P Powerpack, Electric Pontoon V24, and Electric Boat Fantail 217.
Yes, Vision Marine Technologies is publicly traded on NASDAQ under the ticker symbol VMAR.
Vision Marine Technologies has made 1 acquisition, including Nauticalventures.
Vision Marine Technologies has 2 investors. Key investors include Invest Quebec, and Gouvernement du Québec.
Vision Marine Technologies operates through Vision Marine Technologies Inc.