Switch Maritime
PrivateLast Round
Grant
Aug 21, 2025
Total Funding Raised
$20M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Switch Maritime operates in Mobility, Transportation & Logistics and is based in San Francisco, California. Its latest recorded funding round was a Grant round in August 2025.
Switch Maritime is a maritime technology company that manufactures zero-carbon ferries aimed at replacing carbon-intensive fleets while lowering operating and fueling costs for clients navigating the evolving regulatory landscape.
Sector
Mobility, Transportation & Logistics
Verticals
Maritime & Shipping, Clean Transportation, Alternative Fuels, Public Transit
Business Model
B2B
Customer Profile
Hardware + Subscription, Government Contracts, Services & Consulting
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Switch Maritime Comparables
Compare Switch Maritime with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Green City Ferries AB | 87% | |
| Zero Emission Industries | 86% | |
| EV Maritime | 83% |
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Switch Maritime Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Aug 21, 2025 | ||||
| Series A | Nov 16, 2023 | ||||
| Debt | Jul 1, 2020 | ||||
| Grant | May 25, 2018 |
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Switch Maritime Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| KeyBank | Debt |
| California Air Resources Board | Grant |
| NYSERDA | Grant |
| Khasma Capital | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 20, 2026
Monthly visitors grew 35% MoM.
- Apr 16, 2026
Monthly visitors increased 46% MoM.
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Recent news
Latest coverage and updates
- receives_financingNov 6, 2026
SWITCH Maritime LLC is set to receive more than $2.5M to design and build a barge platform that transports hydrogen from suppliers to New York.
- partners_withNov 4, 2026
SWITCH Maritime LLC and Incat Crowther collaborate on SWITCH-150 vessel design and initial regulatory matrix development, marking their second vessel partnership after Sea Change.
- is_developingOct 22, 2026
SWITCH Maritime LLC is developing hydrogen fuel-cell vessels as part of a broader strategy to reduce greenhouse gas emissions.
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Switch Maritime Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Switch Maritime's valuation, stock price, and market status.
Is Switch Maritime a public or private company?
Switch Maritime is a private company.
What is the current stock price of Switch Maritime?
Switch Maritime is a private company, so its shares have no public market price. Caplight tracks Switch Maritime's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Switch Maritime worth (valuation)?
Valuation information for Switch Maritime is not publicly available.
Can I buy Switch Maritime stock?
Switch Maritime shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Switch Maritime's last funding round?
Switch Maritime's most recent funding round was Grant on August 21, 2025.
Who are the main investors in Switch Maritime?
Key investors in Switch Maritime include KeyBank.
Will Switch Maritime IPO soon?
No public IPO plans have been announced for Switch Maritime.
How can I track Switch Maritime secondary market activity?
Caplight tracks bids, offers, and trades in Switch Maritime's shares on secondary markets.