About Foreship
Foreship is a company based in Helsinki (Finland) founded in 2002 was acquired by RINA in June 2025.. The company has 5 employees as of September 30, 2024. Foreship offers products and services including Newbuilding Services and Conversions Services.
- Headquarter Helsinki, Finland
- Employees 5 as on 30 Sep, 2024
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Sectors
Aerospace, Defense & Maritime
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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 Foreship Ltd
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Products & Services of Foreship
Foreship offers a comprehensive portfolio of products and services, including Newbuilding Services and Conversions Services. 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.
Services are provided for concept development and design of new ships, focusing on the cruise industry
Retrofits and upgrades are handled for vessels such as cruise ships and cargo ships
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Funding Insights of Foreship
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $359,639
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First Round
First Round
(01 Jan 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Grant - Foreship | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Foreship
Foreship has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include RINA, European Union and Vaaka Partners. 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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Vaaka Partners is engaged in private equity investment management.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Provider of business services for energy, transport & infrastructure sectors
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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 Foreship
| 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 - Foreship
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Foreship Comparisons
Competitors of Foreship
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Foreship
When was Foreship founded?
Foreship was founded in 2002 and raised its 1st funding round 19 years after it was founded.
Where is Foreship located?
Foreship is headquartered in Helsinki, Finland.
Who is the current CEO of Foreship?
Lauri Haavisto is the current CEO of Foreship.
How many employees does Foreship have?
As of Sep 30, 2024, the latest employee count at Foreship is 5.
What is the annual revenue of Foreship?
Annual revenue of Foreship is $895.12K as on Oct 31, 2023.
What does Foreship do?
Foreship was established in 2002 in Helsinki, Finland, as a provider of ship design and engineering services within the maritime sector. Operations are centered in Helsinki, where technical expertise is applied to vessel conceptualization, structural analysis, and compliance with international standards. Services encompass full lifecycle support for commercial and specialized ships, serving clients across Europe and beyond. Leadership is held by CEO Lauri Haavisto.
What products or services does Foreship offer?
Foreship offers Newbuilding Services and Conversions Services.
Who are Foreship's investors?
Foreship has 3 investors. Key investors include RINA, European Union, and Vaaka Partners.
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