About Chinsay
Chinsay is a company based in Stockholm (Sweden) founded in 2000 was acquired by Maritech Services in October 2022.. 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. Chinsay operates in a competitive market with competitors including GoodShip, Taric, LSP Solutions, Subezy and Global Share, among others.
- Headquarter Stockholm, Sweden
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Chinsay Ab
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Annual Revenue
$3.78 M (USD)25as on Dec 31, 2020
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Net Profit
$-1.16 M (USD)29as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Apr 06, 2017
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Investors
tryb
& 1 more
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Employee Count
Employee Count
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Acquired by
Maritech Services
(Oct 05, 2022)
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Products & Services of Chinsay
Chinsay offers a comprehensive portfolio of products and services, including Contract Lifecycle Management Platform and Recap Manager. 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.
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 Total Funding
- Total Rounds 1
- Last Round Series A — $4.0M
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First Round
First Round
(06 Apr 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Series A - Chinsay | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chinsay
Chinsay has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include tryb and Maritech Services. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Offers a platform for intelligent freight fixing and sustainable shipping management.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chinsay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Chinsay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chinsay Comparisons
Competitors of Chinsay
Chinsay 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 GoodShip, Taric, LSP Solutions, Subezy and Global Share, 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 |
Provider of AI & web-based freight contract management solutions
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| domain | founded_year | HQ Location |
SaaS software for customs declaration and logistics management is provided.
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| domain | founded_year | HQ Location |
Software solutions provider for customs brokerage and bonded warehouse management
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| domain | founded_year | HQ Location |
Platform connects transport firms with qualified subcontractors using AI and secure payments.
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| domain | founded_year | HQ Location |
Provides digital tools for managing trade documents and supply chains.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chinsay
Frequently Asked Questions about Chinsay
When was Chinsay founded?
Chinsay was founded in 2000 and raised its 1st funding round 17 years after it was founded.
Where is Chinsay located?
Chinsay is headquartered in Stockholm, Sweden.
Is Chinsay a funded company?
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 06, 2017.
What is the annual revenue of Chinsay?
Annual revenue of Chinsay is $3.78M as on Dec 31, 2020.
What does Chinsay do?
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.
Who are the top competitors of Chinsay?
Chinsay's top competitors include GoodShip, Taric and LSP Solutions.
What products or services does Chinsay offer?
Chinsay offers Contract Lifecycle Management Platform and Recap Manager.
Who are Chinsay's investors?
Chinsay has 2 investors. Key investors include tryb, and Maritech Services.