BunkerEx

London, United Kingdom Founded: 2017 • Age: 9 yrs Acquired By USTC
Online brokerage platform for ship bunkering services is operated.
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About BunkerEx

BunkerEx is a company based in London (United Kingdom) founded in 2017 by Ishaan Hemnani and Willem Muller was acquired by USTC in March 2021.. BunkerEx has raised $516.38 thousand across 1 funding round from investors including Seedcamp, LCIF and USTC. The company has 10 employees as of April 30, 2022. BunkerEx offers products and services including API Integration and Dashboard. BunkerEx operates in a competitive market with competitors including PayCargo, Loop, LC LITE, Eximchain and QuikQ, among others.

  • Headquarter London, United Kingdom
  • Employees 10 as on 30 Apr, 2022
  • Founders Ishaan Hemnani, Willem Muller
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bunkerex Limited
  • Date of Incorporation 14 Jun, 2016
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $516.38 K (USD)

    in 1 rounds

  • Latest Funding Round
    $516.38 K (USD), Seed

    Aug 29, 2017

  • Investors
    Seedcamp

    & 2 more

  • Employee Count
    10

    as on Apr 30, 2022

  • Acquired by
    USTC

    (Mar 29, 2021)

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Products & Services of BunkerEx

BunkerEx offers a comprehensive portfolio of products and services, including API Integration and Dashboard. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides seamless integration of maritime fuel price data for business systems.

Offers instant access to actionable maritime fuel price insights worldwide.

Funding Insights of BunkerEx

BunkerEx has successfully raised a total of $516.38K through 1 strategic funding round. The most recent funding activity was a Seed round of $516.38 thousand completed in August 2017. 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
  • Total Rounds 1
  • Last Round Seed — $516,380
  • First Round

    (29 Aug 2017)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2017 Amount Seed - BunkerEx Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BunkerEx

BunkerEx has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Seedcamp, LCIF and USTC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund investing in tech startups
Founded Year Domain Location
Venture capital fund focused on digital, science, and technology sectors
Founded Year Domain Location
Offers shipping, trading, risk management, and sustainability support services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BunkerEx

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BunkerEx

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bunkerex Comparisons

Employees
+
Add Comparison
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Competitors of BunkerEx

BunkerEx 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 PayCargo, Loop, LC LITE, Eximchain and QuikQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cargo payment solutions are provided for logistics and shipping.
domain founded_year HQ Location
Loop is focused on transportation cost management and supply chain intelligence.
domain founded_year HQ Location
Supply chain solution and service provider
domain founded_year HQ Location
Online platform delivering sports news and articles on football updates.
domain founded_year HQ Location
Fuel payment solutions are offered for logistics truckers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bunkerex

Frequently Asked Questions about BunkerEx

When was BunkerEx founded?

BunkerEx was founded in 2017.

Where is BunkerEx located?

BunkerEx is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is BunkerEx a funded company?

BunkerEx is a funded company, having raised a total of $516.38K across 1 funding round to date. The company's 1st funding round was a Seed of $516.38K, raised on Aug 29, 2017.

How many employees does BunkerEx have?

As of Apr 30, 2022, the latest employee count at BunkerEx is 10.

What does BunkerEx do?

BunkerEx was founded in 2017 in London, United Kingdom, within the maritime sector. An online platform is maintained for brokering ship bunkering transactions. Direct supplier offers are displayed to ensure transparent pricing for clients. Services such as claim management, supplier vetting, and data analysis are provided. Access to the platform is free for clients, while suppliers are charged a fee after delivery confirmation.

Who are the top competitors of BunkerEx?

BunkerEx's top competitors include PayCargo, Loop and LC LITE.

What products or services does BunkerEx offer?

BunkerEx offers API Integration and Dashboard.

Who are BunkerEx's investors?

BunkerEx has 3 investors. Key investors include Seedcamp, LCIF, and USTC.

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