About Hefring Marine
Hefring Marine is a company based in Reykjavik (Iceland) founded in 2017.. Hefring Marine has raised $2.39 million across 3 funding rounds from investors including Faber, Innoport and MD One. Hefring Marine offers products and services including IMAS. Hefring Marine operates in a competitive market with competitors including Siren Marine, Vizion, ioCurrents, Navtor and Captain's Eye, among others.
- Headquarter Reykjavik, Iceland
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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 Hefring Ehf
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.39 M (USD)
in 3 rounds
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Latest Funding Round
$2.39 M (USD), Series A
May 22, 2024
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Investors
Faber
& 7 more
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Employee Count
Employee Count
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Products & Services of Hefring Marine
Hefring Marine offers a comprehensive portfolio of products and services, including IMAS. 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.
AI system provides real-time vessel guidance for safety and efficiency.
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Funding Insights of Hefring Marine
Hefring Marine has successfully raised a total of $2.39M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.39 million completed in May 2024. 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 3
- Last Round Series A — $2.4M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series A - Hefring Marine | Valuation | Faber | |
| Apr, 2021 | Amount | Seed - Hefring Marine | Valuation | New Business Venture Fund | |
| Jul, 2019 | Amount | Seed - Hefring Marine | Valuation | New Business Venture Fund |
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| 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 Hefring Marine
Hefring Marine has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Faber, Innoport and MD One. 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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Venture capital firm investing in early-stage tech companies
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Founded Year | Domain | Location | |
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Investments are directed by Innoport toward seed-stage startups.
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Founded Year | Domain | Location | |
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Venture capital investments are focused on national security DeepTech.
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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 Hefring Marine
| 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 - Hefring Marine
| 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 |
Hefring Marine Comparisons
Competitors of Hefring Marine
Hefring Marine 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 Siren Marine, Vizion, ioCurrents, Navtor and Captain's Eye, 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 |
Cloud-based real-time boat monitoring solutions are developed for marine use.
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| domain | founded_year | HQ Location |
Cloud-based API for marine container and vessel tracking is provided.
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| domain | founded_year | HQ Location |
Plug-and-play hardware is provided for cloud-based boat alerts.
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| domain | founded_year | HQ Location |
Vessel tracking and e-navigation services are provided for maritime operations.
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| domain | founded_year | HQ Location |
AI-powered video analytics are offered for risk management.
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| 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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Latest news on Hefring Marine
Frequently Asked Questions about Hefring Marine
When was Hefring Marine founded?
Hefring Marine was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Hefring Marine located?
Hefring Marine is headquartered in Reykjavik, Iceland.
Who is the current CEO of Hefring Marine?
Karl Birgir Bjornsson is the current CEO of Hefring Marine.
Is Hefring Marine a funded company?
Hefring Marine is a funded company, having raised a total of $2.39M across 3 funding rounds to date.
What does Hefring Marine do?
Provider of data-driven vessel monitoring systems for shipping management. It provides data-driven safety solutions for maritime operators. The solution utilizes onboard sensors to collect wave slamming acceleration forces, weather, and sea conditions in real-time. The solution further analyzes it to provide data-driven insights on hazardous situations, passengercrew safety, and shipequipment damages. Provides color-coded alerts for hazardous conditions based on the level of threat apart from enabling users to monitor communicate directly with operators.
Who are the top competitors of Hefring Marine?
Hefring Marine's top competitors include ioCurrents, Siren Marine and Navtor.
What products or services does Hefring Marine offer?
Hefring Marine offers IMAS.