Lost Surfboards

What Lost Surfboards does

Lost Surfboards is a privately held, premium surfboard manufacturer founded in 1984 by Matt Biolos (known as "Mayhem") in San Clemente, California. The company designs, hand-shapes, and sells custom surfboards under the "Lost Surfboards by Mayhem" brand, supported by proprietary construction technologies spanning four families: LightSpeed II (EPS/Epoxy with High Tensile S-Glass and Innegra composite), Double Dart (carbon/S-glass hybrid full-wrap shell based on Drew Baggett's BlackDart technology), Black Sheep Built (Triax-NCF carbon fiber with 1.5lb virgin EPS), and the Eco Impacto 2 Lite line developed in partnership with Lib Tech (recycled foam, Hexylite panels, G+Glass, Magnesium fiber, Bio Matrix resin). The product portfolio includes shortboards, grovelers, mid-lengths, fish shapes, retro recreations, and step-ups, with named signature models for elite team riders including Griffin Colapinto, Kolohe Andino, Yago Dora, Carissa Moore, and Mason Ho. Sub-brands include Mark Richards Surfboards (a licensed retro-inspired line) and Lib Tech Surfboards (eco-friendly construction). The company also operates a small Volume Calculator tool based on Guild Factor methodology and offers a custom art/lam gallery for personalization.

Lost Surfboards generates revenue primarily through one-time sales of custom-built surfboards via a global dealer network of physical and online resellers, with dedicated regional websites in the USA, Australia, Indonesia, Brazil, and Europe. Direct-to-consumer revenue is generated through accessories and clothing sold at lostenterprises.com. Pricing is not publicly disclosed and varies by board size, technology tier, and custom options. The GTM motion is sales-led, leveraging team rider credibility and content marketing (stories, video, social) at the top of funnel, with dealer partners driving bottom-of-funnel conversion. Supporting revenue streams include brand collaborations with Dakine (accessories), Catch Surf (foam boards), Carver Skateboards (surfskate), Futures Fins, and FCS. The company is privately held by its founder with no disclosed institutional investment, no parent company, and a stated headcount of 51-100 employees.

Name

Lost Surfboards

Legal name

Lost Surfboards LLC

Website

https://lostsurfboards.net

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

51–100 employees

Short description

Lost Surfboards is a privately held, premium custom surfboard manufacturer founded in 1984 in San Clemente, California, selling hand-shaped boards in the USA and internationally via a global dealer network, professional team riders, and brand collaborations.

Ownership category

akta.pro rank

Product category

Surfboards

akta.pro primary industry

Surf & Beach Sports Retail (Surfboards, Bodyboards, Skimboards) (CRAMAIAE)

akta.pro secondary industries

Water Sports & Marine Recreation Retail (Paddle/Surf/Dive/Boat Accessories) (CRAMABAI), Swim & Surf Performance Wear (CRAAAEAG)

Keywords

• Hand-shaped surfboards
• Performance shortboards
• Custom surfboards
• Surfboard construction technology
• Retro surfboards

Headquarters

HQ city

San Clemente

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Surfboard Sales: Lost Surfboards generates revenue primarily through direct sales of custom hand-shaped surfboards. Products are sold through a network of authorized dealers and directly via the website for certain items. The company offers various technology tiers and custom options that affect pricing.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Lost Surfboards manufactures custom hand-shaped surfboards in the USA using proprietary composite construction technologies. It sells performance shortboards, grovelers, retro models, and custom shapes primarily through a global dealer network serving individual surfers.

Product overview

Lost Surfboards is a premium surfboard manufacturer offering handcrafted surfboards built in the USA with multiple proprietary construction technologies. The company produces a comprehensive portfolio of surfboard models across several sub-categories: Lost Surfboards (core brand featuring performance shortboards, grovelers, mid-lengths, retro models, and fish shapes), Mark Richards Surfboards (retro-inspired collaborative line), Lib Tech Surfboards (eco-friendly construction with proprietary ECO IMPACTO 2 LITE technology), and Lost Custom Classics (legacy models available by custom order). Construction technologies include LightSpeed II (S-Glass and Innegra composite), LightSpeed (Carbon and Innegra), Double Dart (Carbon/S-glass hybrid), Black Sheep Built (Triax carbon), and Lib Tech's ECO IMPACTO 2 LITE. The company also offers custom surfboard ordering with various lam and art options, volume calculator tools, and brand collaborations with Dakine, Catch Surf, Futures Fins, FCS, Carver, and Lib Tech.

Differentiator

Problem solved

Functional benefit

Brands

• LightSpeed II: Proprietary high-performance EPS/Epoxy construction technology using High Tensile S-Glass and Innegra composite materials, positioned as carbon-neutral surfboard technology.
• Double Dart
• Black Sheep Built
• Mark Richards Surfboards

Products and services

• Performance Shortboards High-performance shortboards designed for competitive and advanced surfers seeking responsive, maneuverable shapes for varied wave conditions.
• Groveler Surfboards Smaller-volume surfboards designed for surfers to generate speed and performance in small, weak, or gutless wave conditions.
• Retro Surfboards Retro-inspired surfboard shapes drawing on classic surf design heritage, targeted at surfers seeking a blend of traditional aesthetics and modern performance.
• Custom Surfboards Custom hand-shaped surfboards built to individual surfer specifications, including dimensions, rocker, and construction technology selection.

Quantifiable outcome

• Team riders have won multiple World Championships and Championship Tour events

Named customers10 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Lib TechcoreOEM/ Whitelabel/ Licensing PartnerLib Tech is a subsidiary of Mervyn Industries that manufactures surfboards using environmentally-friendly technologies. Lost Surfboards licenses the Lib Tech brand for specific surfboard models and collaborates on technology development including Eco Impacto 2 Lite construction. The partnership combines Lib Tech's durable eco-friendly construction with Lost's performance shapes.
• DakineminorGTM or Marketing PartnerDakine is a surf and outdoor accessories brand. Lost Surfboards collaborated on a collection of surf accessories including traction pads, surfboard bags, leashes, backpacks, and apparel. Shop the collection available through Dakine website.
• Catch SurfminorGTM or Marketing PartnerCatch Surf is a surfboard brand known for foam surfboards and funboards. Lost Surfboards collaborated on a collection featuring Lost-branded Catch Surf boards with various designs and colors.
• Carver SkateboardsminorGTM or Marketing PartnerCarver Skateboards is a skateboard brand. Lost Surfboards collaborated on surfskate products featuring Lost surfboard shapes (Puddle Jumper, Quiver Killer, RNF) adapted for Carver's C7 surfskate trucks.
• Mark Richards SurfboardscoreStrategic or Co-development PartnerMark Richards Surfboards is a licensed brand under Lost Surfboards featuring designs from Australian surfboard legend Mark Richards. The collaboration includes retro single fin, twin fin, and modern performance shapes. Models include MR 1979 Retro Single Fin, MR 1980 Retro Pro, MR Bumble Bee, MR Bush Ranger, MR Flying Fish, MR Super Twin 2, and MR Turbo Channel Twin.
• Drew BaggettcoreStrategic or Co-development PartnerDrew Baggett is the developer of BlackDart surfboard construction technology, a Florida-based epoxy composite expert. In 2014, Lost Surfboards worked with Drew to fine-tune and license the BlackDart technology. The partnership led to the development of Double Dart construction, a fully wrapped carbon fiber version of BlackDart.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• JS Industries: Australian performance surfboard brand founded by Jason Stevenson with strong Championship Tour team. Competes head-to-head globally with Lost for pro-team endorsements and premium shortboard sales.
• Lib Tech Surfboards: Eco-construction surfboard brand (ECO IMPACTO 2 LITE origin) that is both a Lost licensing partner and a direct competitor in the eco-construction surfboard segment using similar materials and rider roster.
• Catch Surf: Surf brand specializing in soft-top funboards, Beaters, and collaboration boards; both a Lost collaboration partner and a peer competing for entry-level and lifestyle surfboard dollars.
• Haydenshapes: Premium Australian surfboard brand built around proprietary construction technologies (e.g., FutureFlex) and a global pro/sponsored team — a close mirror of Lost's tech-plus-talent formula.
• Rusty Surfboards: California-based custom surfboard brand with a long pro-team heritage; competes in the same premium performance-board category through dealer networks and signature models.
• Pyzel Surfboards: Hawaii-based custom performance surfboard maker (Jon Pyzel) with a leading world-champion pro team (e.g., John John Florence). Same premium custom-shaper, pro-endorsement-led go-to-market motion.
• Channel Islands Surfboards: California-based custom performance surfboard maker founded by shaper Al Merrick. Operates a comparable pro-team-driven, dealer-distributed model and competes directly in the premium shortboard / groveler / step-up categories.
• Firewire Surfboards: Premium surfboard brand differentiated by construction technologies (LFT, Helium, Timbertek) and a build-to-order production model. Directly comparable tech-positioning and pro-team-led marketing approach.
• Sharpeye Surfboards: Performance surfboard maker founded by shaper Marcio Zouvi, focused on high-performance shortboards for elite surfers. Comparable custom-build, pro-team-driven positioning.

Broad incumbents

• Surftech: Surfboard manufacturer focused on construction technology and OEM-style board production (epoxy, taquito, etc.); overlapping in surfboard manufacturing and technology but with a more production/wholesale orientation than Lost's custom shaper-led model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/lostsurfboards
• YouTubeyoutube.com/channel/UC1Xt2i1UtCn8BwlgAnL9vKg
• Facebookfacebook.com/LostSurfboards
• LinkedInlinkedin.com/company/lost-surfboards
• Instagraminstagram.com/lostsurfboards

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lost Surfboards