About Chinsay
Chinsay is a Transportation, Automotive & Logistics company based in Stockholm (Sweden) founded in 2000, and was acquired by Maritech Services in October 2022. Online contract management is provided for freight and commodities. Chinsay has raised $4 million across 1 funding round from investors including tryb and Maritech Services. Chinsay offers products and services including Contract Lifecycle Management Platform and Recap Manager. Its focus areas include Consumer, Logistics Tech, Freight and Multimodal. Its legal entity is Chinsay AB.
Company details
Chinsay was founded in 2000 in Stockholm, Sweden, to support contract management in the freight and commodity sectors through an online platform. Contracts are generated by importing clause library data and integrating existing information, bypassing manual edits. Reviews are accelerated via comparisons between standard formats and actual documents. Capabilities extend to fixture tracking, audit logging, tailored e-signatures, validation processes, and data analysis, serving clients such as Cargill and BHP Billiton.
- Headquarters Stockholm, Sweden
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website chinsay.com
- Social LinkedIn
- Acquired by Maritech Services (Oct 2022)
- Legal Name Chinsay Ab
- Annual Revenue$3.78 M (USD)25as on Dec 31, 2020
- Net Profit-$1.16 M (USD)29as on Dec 31, 2020
- Total Equity Funding$4M (USD)
in 1 rounds
- Latest Funding Round$4M (USD), Series A
Apr 2017
- Investorstryb
& 1 more
- Acquired byMaritech Services
(Oct 2022)
Products & Services of Chinsay
Chinsay offers a comprehensive portfolio of products and services, including Contract Lifecycle Management Platform and Recap Manager.
Manages commodity contracts with digital workflows for efficiency
Automates charterparty management for commodities trading
Funding Insights of Chinsay
Chinsay has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in April 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 $4M
- Total Rounds 1
- Last Round Series A — $4M
- First Round $4M
(Apr 2017)
- Investors Count 1
All 1 funding rounds of Chinsay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2017 | $4M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Chinsay
Chinsay has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include tryb and Maritech Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| trybgroup.com | ||||
Offers a platform for intelligent freight fixing and sustainable shipping management. | 2016 | sea.live | London, United Kingdom |
Investor details for Chinsay
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Timeline of Chinsay
3 dated milestones of Chinsay across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Chinsay is founded.
- Funding First funding round of $4.0M.
- Exit Acquired by Maritech Services.
Web traffic of Chinsay
The website of Chinsay (chinsay.com) receives about 4.1K visits a month.
- Monthly visits4.1K
▲ 4725.9% vs previous month
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Frequently Asked Questions about Chinsay
Chinsay was founded in 2000 and raised its 1st funding round 17 years after it was founded.
Chinsay is headquartered in Stockholm, Sweden.
Chinsay is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Apr 2017.
Annual revenue of Chinsay is $3.78M as on Dec 31, 2020.
Chinsay was founded in 2000 in Stockholm, Sweden, to support contract management in the freight and commodity sectors through an online platform. Contracts are generated by importing clause library data and integrating existing information, bypassing manual edits. Reviews are accelerated via comparisons between standard formats and actual documents. Capabilities extend to fixture tracking, audit logging, tailored e-signatures, validation processes, and data analysis, serving clients such as Cargill and BHP Billiton.
Chinsay offers Contract Lifecycle Management Platform and Recap Manager.
Chinsay has 2 investors. Key investors include tryb, and Maritech Services.
Chinsay operates through Chinsay Ab.
Yes. Chinsay was acquired by Maritech Services in October 2022.