Northbound

Berlin, Germany Founded: 2023 • Age: 3 yrs
Provider of software for managing and reducing demurrage and detention costs
Annual revenue - Latest available
Total funding $1.4M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Northbound

Northbound is a company based in Berlin (Germany) founded in 2023 by Rahul Y and Andreas Canel. Northbound has raised $1.41 million across 1 funding round from investors including MVP Factory, Apex Black and Id4 Ventures. Northbound offers products and services including D&D Cost Reduction Software and Invoice Verification Tool. Northbound operates in a competitive market with competitors including OOCL, ShipNEXT, Clear Metal, SRT Marine and Dakosy, among others.

  • Headquarter Berlin, Germany
  • Founders Rahul Y, Andreas Canel
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Mesa Technologies Gmbh
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Maritime, Ports & Shipping Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.41 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.41 M (USD), Seed

    Jul 10, 2024

  • Investors
    MVP Factory

    & 4 more

  • Employee Count
    Not available
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Products & Services of Northbound

Northbound offers a comprehensive portfolio of products and services, including D&D Cost Reduction Software and Invoice Verification Tool.

Product name locked
Category locked
Primary

Software for real-time tracking and minimizing demurrage costs.

Product name locked
Category locked
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AI system to automatically check and dispute D&D invoices.

People of Northbound

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Andreas Canel
Co-CEO

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Teams

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Funding Insights of Northbound

Northbound has successfully raised a total of $1.41M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.41 million completed in July 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.

Investors in Northbound

Northbound has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include MVP Factory, Apex Black and Id4 Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Apex Black is engaged in backing innovative tech founders.
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Early-stage investments are made in Deep Tech startups across Europe.
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Venture capital firm focused on multiple sectors
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Investor details for Northbound

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Northbound

Investments
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Investment portfolio details for Northbound

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  • Transaction dates
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Financial Statements - Northbound

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Detailed financials for Northbound

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  • Profit trends
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Northbound Comparisons

Northbound Primary company
Description
Provider of software for managing and reducing demurrage and...
Location
Berlin, Germany
Founded Year
2023
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Northbound

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Competitors of Northbound

Northbound 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 OOCL, ShipNEXT, Clear Metal, SRT Marine and Dakosy, among others.

Company Name Domain Founded year HQ Location Description
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Ocean cargo services are booked through an online platform.
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Provider of AI, web, and blockchain-based digital shipping marketplace and a reverse trading platform
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AI and web-enabled analytics platforms are provided for container shipping.
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Developer of maritime technologies, products, and systems
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Shipping software for maritime and logistics sectors is provided.
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Platform offering AI-based shipping management platform
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Detailed competitors of Northbound

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Latest news on Northbound

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Complete news archive for Northbound

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Frequently Asked Questions about Northbound

Northbound was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Northbound is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Andreas Canel is the current CEO of Northbound. They have also founded this company.

Northbound is a funded company, having raised a total of $1.41M across 1 funding round to date.

Northbound was founded in 2023 and is based in Berlin, Germany. Software solutions are offered by the company to address demurrage and detention costs within the container logistics sector. Real-time container tracking is enabled, along with automated invoice verification and tools for container planning optimization. Potential fees are proactively managed through the platform, which supports greater oversight of logistics operations.

Northbound's top competitors include OOCL, Bearing.ai and SRT Marine.

Northbound offers D&D Cost Reduction Software and Invoice Verification Tool.

Northbound has 5 investors. Key investors include MVP Factory, Apex Black, Id4 Ventures, IBB Ventures, and Schenker Ventures.

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