About West Marine
West Marine is a company based in Watsonville (United States) founded in 1968 was acquired by L Catterton in April 2021.. The company has 3,358 employees as of December 31, 2022.
- Headquarter Watsonville, United States
- Employees 3358 as on 31 Dec, 2022
- Stage Public
-
Sectors
Aerospace, Defense & Maritime
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$703.37 M0as on Dec 31, 2016
-
Net Profit
$6.54 M45as on Dec 31, 2016
-
EBITDA
$12.04 M55as on Dec 31, 2016
-
Latest Funding Round
$536.86 M (USD), Post-IPO
Sep 26, 2023
-
Investors
L Catterton
& 1 more
-
Employee Count
3358
as on Dec 31, 2022
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Leadership Team
15 people
Operations Team
11 people
Senior Team
8 people
Sales and Marketing
8 people
Software Development Team
8 people
Finance and Accounting
8 people
Human Resources and Administration
7 people
Manager Team
3 people
Unlock access to complete
Funding Insights of West Marine
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $536.9M
-
First Round
First Round
(26 Sep 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Post-IPO - West Marine | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in West Marine
West Marine has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include L Catterton and Monomoy Capital Partners. 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 |
|---|---|---|---|---|
|
L Catterton is recognized as a leading consumer-focused private equity group.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by West Marine
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - West Marine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
West Marine Comparisons
Competitors of West Marine
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on West Marine
Frequently Asked Questions about West Marine
When was West Marine founded?
West Marine was founded in 1968 and raised its 1st funding round 55 years after it was founded.
Where is West Marine located?
West Marine is headquartered in Watsonville, United States. It is registered at Watsonville, California, United States.
How many employees does West Marine have?
As of Dec 31, 2022, the latest employee count at West Marine is 3,358.
What is the annual revenue of West Marine?
Annual revenue of West Marine is $703.37M as on Dec 31, 2016.
What does West Marine do?
West Marine was founded in 1968 and is based in Watsonville, United States. Operations focus on the marine retail sector, where equipment and accessories for boating, sailing, fishing, and paddling are distributed. Sales occur through an online platform at westmarine.com and various physical stores across the country. The company supports recreational water activities by offering practical supplies to users in these areas.
Who are West Marine's investors?
West Marine has 2 investors. Key investors include L Catterton, and Monomoy Capital Partners.