Quartermaster's website preview

Well Run profileThe Well Run 100 · #83 of 720

Position 83

Quartermaster

SmartMast sensor kits (cameras, radios, edge AI) on working vessels forming a real-time distributed maritime awareness network

Pace
3:30/kmSprint5.0
Distance
Distance Unproven.
Open ops roles
3
Last week
#72
Move
▼ 11
Peak
#72
Weeks in the 100
2
The Chart →
Rank and score over time
Board rank
#62#77#91#72Oct 18#81Oct 25
Pace score
02465Oct 185Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Quartermaster runs in the Sprint lane (3:30/km): 83 of 89. Further right = more momentum. No competitors on the board yet, so it runs alone.

Also competes with: Windward, Spire Global, Kpler, HawkEye 360

Total raised
~$143M equity + $40M debt (disclosed rounds)see rounds ↓
Headcount
~100 (up ~5x YoY)as of Oct 2026 linkedin.com ↗
Founded
2023
HQ
Arlington, VA

Leadership

The problem

The ocean is a data blind spot: AIS and satellites give secondhand, delayed pictures, so insurers, fleets and governments can't see or price maritime risk

What they do

SmartMast sensor kits (cameras, radios, edge AI) on working vessels forming a real-time distributed maritime awareness network

Traction 650+ vessels in 25 countries equipped, 800+ units shipped; demand boosted by 2026 Strait of Hormuz shipping disruption

Hiring trend

Open roles
11
Ops roles
3
Headcount
~100

Scaling fast: headcount up ~5x YoY; 17 open roles, mostly Arlington VA engineering plus international launch/field-ops leads; new round earmarked for engineering hiring

Hiring in

  • Arlington
  • Arabian Gulf
  • New York
  • Remote (US)

Funding

Last round
$100M (+$40M venture debt)
Stage
Series B
Date
Sep 2026

Led by Insight Partners

Distance

Unproven · edge: grows with users

650+ vessels equipped and fast hiring, but too young and revenue undisclosed to judge staying power.

Sources: Quartermaster blog: $140M raise (Sep 2026) ↗

Last checked Oct 25, 2026

News timeline

  1. Sep 2026Raises $140M: preemptive $100M Series B led by Insight + $40M Stifel debt techcrunch.com ↗
  2. May 2026Raises $43M Series A; SmartMast on 600+ ships in 25 countries ventureburn.com ↗

Funding historyTotal raised ~$143M equity + $40M debt (disclosed rounds)

  1. Sep 2026Debt$40M venture debtLed by Stifel techcrunch.com ↗
  2. Sep 2026Series B$100MLed by Insight Partners techcrunch.com ↗
  3. May 2026Series A$43MLed by First Round Capital, Quiet Capital techcrunch.com ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

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