About Bearing.ai
Bearing.ai is a Technology company based in Palo Alto (United States) founded in 2018 by David Zhan Liu. It operates in the Technology and Transportation, Automotive & Logistics sectors. Bearing.ai has raised $7 million across 1 funding round from investors including Mitsui & Co and AI Fund. The company has 4 employees. Bearing.ai offers products and services including Decision Engine, Cargo Prediction, Schedule Recovery, Deployment Planning, and CII Optimizer. Its focus areas include Aerospace, Maritime and Defense Tech, Maritime Tech, Shipping and Port Management and Diversified. Its legal entity is BEARING, INC. Its competitors include WiseTech Global, Magaya Corporation and DispatchTrack; 2 of its 3 listed competitors have raised funding.
Company details
Platform offering AI-based shipping management platform It helps streamline shipping operations, manage fleets and reduce fuel consumption. It enables ship owners and captains to simulate the impact of different speeds, weather, and other scenarios on their CII rating and profits. It provides them with a performance analysis dashboard to improve operations.
- Headquarters Palo Alto, United States
- Employees 4
- Founders David Zhan Liu
- SectorsTechnologyTransportation, Automotive & Logistics
- Email••••••••
- Website bearing.ai
- Social LinkedIn X
- Legal Name Bearing, Inc.
- Total Equity Funding$7M (USD)
in 1 rounds
- Latest Funding Round$7M (USD), Series A
Aug 2022
- InvestorsMitsui & Co.
& 1 more
- Employee Count4
Products & Services of Bearing.ai
Bearing.ai offers a comprehensive portfolio of products and services, including Decision Engine, Cargo Prediction, Schedule Recovery, Deployment Planning, and CII Optimizer.
Tool for simulating shipping variables and generating recommendations.
Analyzes market trends to optimize cargo strategies.
Generates plans to recover from shipping delays quickly.
Compares vessel performance for efficient allocations.
Tracks and simulates fleet emissions for regulatory needs.
Funding Insights of Bearing.ai
Bearing.ai has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in August 2022. 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.
- Total Funding $7M
- Total Rounds 1
- Last Round Series A — $7M
- First Round $7M
(Aug 2022)
- Investors Count 2
All 1 funding rounds of Bearing.ai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Bearing.ai
Bearing.ai has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co and AI Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AI Fund is operated as a venture studio for AI startups. | aifund.ai | Mountain View, United States | ||
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | mitsui.com | Chiyoda City, Japan |
Investor details for Bearing.ai
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- Investor portfolios
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People of Bearing.ai
18 people are tracked at Bearing.ai (5 in leadership, 13 in team); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
David Zhan Liu | Co-Founder | Leadership |
Dylan Keil | Cofounder & CEO | Leadership |
Jim Daly | Chief Operating Officer | Leadership |
Camilo Santa | Head Of Engineering | Leadership |
Russell Claessens | Global Head Of Sales & Partnerships | Leadership |
Aleksandar-Saša Milaković, PhD | Machine Learning Engineer | Team |
Simón Ramírez-Hinestrosa | Tech Lead Manager | Team |
Camilo Gómez | Machine Learning Engineer | Team |
Angela R | Operations Manager Colombia | Team |
Francisco Muñoz Hurtado | Agile Project Manager | Team |
Julian Urrego-Ortiz | ML infrastructure engineer | Team |
Diego Viniegra | Javascript Engineer | Team |
Gijs Harmens | Global Customer Success Manager | Team |
Juan Felipe Torres López | Algorithms Technical Lead | Team |
María Gandica | Data Software Engineer | Team |
Sebastian Gonzalez Villegas | Devops Engineer Tech Lead Manager | Team |
Jose Alejandro Villamizar | Software Engineer | Team |
Santiago Cano Franco | Software Engineer | Team |
Complete people profiles for Bearing.ai
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Timeline of Bearing.ai
2 dated milestones of Bearing.ai across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Bearing.ai is founded.
- Funding First funding round of $7.0M.
Competitors of Bearing.ai
Bearing.ai has 3 listed competitors in our database, 2 of them funded. They include WiseTech Global, Magaya Corporation and DispatchTrack.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wisetechglobal.com | 1994 | Schaumburg, United States | $35M | 610 | Cloud-based logistics software suite is provided for supply chain management. | |
| magaya.com | 2001 | Miami, United States | 129 | Cloud-based supply chain and logistics software is offered to businesses. | ||
| dispatchtrack.com | 2011 | Saratoga, United States | $144M | Delivery Management and Inventory tracking solution |
Detailed competitors of Bearing.ai
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Bearing.ai
The website of Bearing.ai (bearing.ai) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 37.1% vs previous month
Top companies in Enterprise Resource Planning
3 companies that operate in the same segment as Bearing.ai (Enterprise Resource Planning) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | 834 |
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Related news about Bearing.Ai
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Frequently Asked Questions about Bearing.ai
Bearing.ai was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Bearing.ai is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Bearing.ai is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Aug 2022.
Bearing.ai has 4 employees.
Platform offering AI-based shipping management platform It helps streamline shipping operations, manage fleets and reduce fuel consumption. It enables ship owners and captains to simulate the impact of different speeds, weather, and other scenarios on their CII rating and profits. It provides them with a performance analysis dashboard to improve operations.
Bearing.ai's top competitors include WiseTech Global, Magaya Corporation and DispatchTrack.
Bearing.ai offers Decision Engine, Cargo Prediction, Schedule Recovery, Deployment Planning, and CII Optimizer.
Bearing.ai has 2 investors. Key investors include Mitsui & Co, and AI Fund.
Bearing.ai operates through Bearing, Inc..