Acumatica
Facts
- HQ
- Bellevue, Washington, U.S.
- Sectors
- Software Development
- Founded
- 2008
- Employees
- 821
- Stage
- null
Pure Watercraft, GM-Backed Electric Boat Startup, Enters Receivership and Liquidates Assets After $150M Investment
Seattle-based electric boat company Pure Watercraft, backed by General Motors, entered receivership on July 19, 2023, and is currently liquidating assets to satisfy creditors while shutting down major operations. Despite Pure's financial failure, industry insiders remain optimistic about the electric boating market.
Acumatica Opens 12,000-Square-Foot HQ in Bellevue, Plans 20% Global Staff Growth in 2024
Acumatica opened a new 12,000-square-foot headquarters in Bellevue, Washington, as part of a plan to increase its global workforce by 20% in 2024. The cloud ERP company, led by CEO John Case and employing nearly 700 people globally, is expanding despite shrinking office demand in the Seattle region.
Zin Boats Raises $1.275 Million to Relaunch High-Performance Electric Speed Boats in 2024
Zin Boats, a Seattle-based electric speed boat company, overcame pandemic challenges and raised $1.275 million in seed funding to advance its electric boating technology and prepare for a significant 2024 relaunch. The company aims to compete in the growing electric boating market with its high-performance, zero-emission boats.
People
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John Case Executive, Chief Executive Officer
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Jon Roskill Executive, Chief Executive Officer