About 40Seas
40Seas is a company based in Tel Aviv (Israel) founded in 2022 by Eyal Moldovan, Suki Gao, Gil Shiff, and Igor Zaks. 40Seas has raised $17 million across 3 funding rounds from investors including ZIM, Eminence Ventures and QED Investors. 40Seas operates in a competitive market with competitors including Payoneer, Airwallex, Tipalti, Rapyd and Thunes, among others.
- Headquarter Tel Aviv, Israel
- Founders Eyal Moldovan, Suki Gao, Gil Shiff, Igor Zaks
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name פורטיסיז בע~מ
- Jurisdiction Na, Maharashtra, India
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$17 M (USD)
in 3 rounds
-
Latest Funding Round
$6 M (USD), Seed
Aug 02, 2023
-
Investors
ZIM
& 3 more
-
Employee Count
Not available
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
People of 40Seas
Unlock access to complete
Unlock access to complete
Funding Insights of 40Seas
40Seas has successfully raised a total of $17M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 40Seas
40Seas has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include ZIM, Eminence Ventures and QED Investors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
Venture capital fund investing in early-stage start-ups
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for 40Seas
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by 40Seas
Investment portfolio details for 40Seas
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - 40Seas
Detailed financials for 40Seas
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
40Seas Comparisons
Peer comparison for 40Seas
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of 40Seas
40Seas operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Payoneer, Airwallex, Tipalti, Rapyd and Thunes, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cross-border payments are enabled for businesses via diverse payout methods.
|
|
| Locked | Locked | Locked |
Cross-border payments are processed for businesses via tools and APIs.
|
|
| Locked | Locked | Locked |
Cloud-based procurement and invoice management solutions are offered to businesses.
|
|
| Locked | Locked | Locked |
Global payment solutions are provided by Rapyd to businesses worldwide.
|
|
| Locked | Locked | Locked |
Cross-border payment infrastructure provider
|
|
| Locked | Locked | Locked |
Cross-border business payments are managed via an online platform.
|
Detailed competitors of 40Seas
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on 40Seas
Complete news archive for 40Seas
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about 40Seas
40Seas was founded in 2022 and raised its 1st funding round 1 year after it was founded.
40Seas is headquartered in Tel Aviv, Israel.
Eyal Moldovan is the current CEO of 40Seas. They have also founded this company.
40Seas is a funded company, having raised a total of $17M across 3 funding rounds to date.
40Seas was founded in 2022 in Tel Aviv, Israel, within the fintech sector. An online platform is operated to facilitate cross-border payments for businesses. Multi-currency acceptance, accounts payable management, wallet-based transactions, and related financial services are provided. Importers, exporters, and other stakeholders are supported through these operations, focusing on international trade efficiency.
40Seas has 4 investors. Key investors include ZIM, Eminence Ventures, QED Investors, and Team8.