About Portchain
Portchain is a Transportation, Automotive & Logistics company based in Copenhagen (Denmark) founded in 2017 by Thor Thorup, Niels Kristiansen, and Anders Olivarius. Port operations are managed via an AI and cloud-based platform. Portchain has raised $8.52 million across 6 funding rounds from investors including European Union, Angular Ventures and Morten Eldrup Jorgensen. The company has 20 employees. Portchain was last valued at $1.81 million in June 2019. Its chief executive, as recorded, is Niels Kristiansen. Portchain offers products and services including Portchain Connect and Portchain Quay. Its focus areas include Consumer, Logistics Tech, Freight and Maritime. Its legal entity is Portchain ApS.
Company details
Portchain was founded in 2017 in Copenhagen, Denmark, within the maritime logistics sector. An AI-driven, cloud-based platform is offered to support port operators in vessel scheduling and terminal resource allocation. Real-time vessel schedule updates are delivered, enabling efficient oversight of port assets. Intelligent assignments of vessels and cranes are utilized to lower labor expenses, with operations centered in Europe.
- Headquarters Copenhagen, Denmark
- Employees 20
- Founders Thor Thorup, Niels Kristiansen, Anders Olivarius
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website portchain.com/home
- Social LinkedIn X
- Legal Name Portchain Aps
- Net Profit-$481.54 K (USD)-747as on Dec 31, 2022
- EBITDA-$773.96 K (USD)-1780as on Dec 31, 2022
- Total Equity Funding$8.52M (USD)
in 6 rounds
- Latest Funding Round$5M (USD), Series A
Feb 2024
- InvestorsEuropean Union
& 7 more
- Employee Count20
Products & Services of Portchain
Portchain offers a comprehensive portfolio of products and services, including Portchain Connect and Portchain Quay.
Platform for streamlining berth alignment and scheduling processes
Tool for optimizing quayside planning and resource allocation
Funding Insights of Portchain
Portchain has successfully raised a total of $8.52M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in February 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 $8.52M
- Total Rounds 6
- Last Round Series A — $5M
- First Round $59,710
(Jan 2018)
- Investors Count 8
All 6 funding rounds of Portchain 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 |
|---|---|---|---|---|---|
| Feb 2024 | $5M | Series A | – | Angular Ventures | – |
| Aug 2021 | $3.2M | Seed | – | – | |
| Jun 2019 | $94,720 | Seed | $1.81M | – | – |
| Apr 2019 | $225,672 | Seed | $1.6M | – | – |
| Jun 2018 | $1.66M | Grant | – | – | |
| Jan 2018 | $59,710 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2019 | $1.81M | •••••••• |
| Apr 2019 | $1.6M | •••••••• |
Last known valuation $1.81M (Jun 2019). 8 investors in total: 3 institutional and 5 angel.
Investors in Portchain
Portchain has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include European Union, Angular Ventures and Morten Eldrup Jorgensen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on deep tech startups | angularventures.com | London, United Kingdom | ||
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
ME Morten Eldrup Jorgensen | Danish entrepreneur, angel investor in Indian startups, co-founder of Zappfresh | unknown_14ec8b782a7348798 | ||
TT Tommy Thomsen | unknown_1e0091a4a95949da8 | |||
MH Michael Hassing | Angel investor and advisor, focused on Indian startups and technology | unknown_8f877bc044ad46d59 | ||
JK Jesper Kjaedegaard | Danish entrepreneur, angel investor, and mentor in Indian startup ecosystem | unknown_973849baac124792a | ||
KH Klaus Holse | Danish tech leader, angel investor, ex-Microsoft executive, based in India. | unknown_e2cd1f81f8764774a |
Investor details for Portchain
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Portchain
21 people are tracked at Portchain (7 in leadership, 14 in team); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
Thor Thorup | Co-Founder & CCO | Leadership |
Niels Kristiansen | Co-Founder & CEO | Leadership |
Anders Olivarius | Co-Founder & CPO | Leadership |
Craig Halford | VP, Sales | Leadership |
Jasper Boessenkool | Senior Sales Director | Leadership |
Rasmus Holmann Sørensen | VP, Product | Leadership |
Johnny Andersen | VP Of Engineering | Leadership |
Krystof Spiller | Software Engineer | Team |
Benjamin Simon | Engineering Team Lead | Team |
Stefano Gombi | Senior Software Engineer | Team |
Laia Martín | Marketing Manager | Team |
Angus Davidson | Senior Implementation Manager | Team |
Michele Mazzucco | Senior Product Designer | Team |
Julie Skotte | Senior Product Manager | Team |
Andreea Enache | Product Manager | Team |
Luigi Balzano | Senior Software Engineer | Team |
Tanneguy Salavert | Financial Analyst | Team |
André Santos | Senior Software Engineer | Team |
Gorjan Dimitrov | Senior Product Manager | Team |
Jonas Warming | Senior Project Manager | Team |
1 more people are available in the full profile.
Complete people profiles for Portchain
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Portchain
4 dated milestones of Portchain across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Portchain is founded.
- Funding First funding round of $60K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $5.0M.
Web traffic of Portchain
The website of Portchain (portchain.com) receives about 9.4K visits a month.
- Monthly visits9.4K
▲ 68.7% vs previous month
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Frequently Asked Questions about Portchain
Portchain was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Portchain is headquartered in Copenhagen, Denmark.
Niels Kristiansen is the CEO of Portchain, as recorded in our data. They have also founded this company.
Portchain is a funded company, having raised a total of $8.52M across 6 funding rounds to date. The company's 1st funding round was a Grant of $59.71K, raised on Jan 2018.
Portchain has 20 employees.
Portchain was founded in 2017 in Copenhagen, Denmark, within the maritime logistics sector. An AI-driven, cloud-based platform is offered to support port operators in vessel scheduling and terminal resource allocation. Real-time vessel schedule updates are delivered, enabling efficient oversight of port assets. Intelligent assignments of vessels and cranes are utilized to lower labor expenses, with operations centered in Europe.
Portchain offers Portchain Connect and Portchain Quay.
Portchain has 8 investors. Key investors include European Union, Angular Ventures, Morten Eldrup Jorgensen, Tommy Thomsen, and Michael Hassing.
The valuation of Portchain is $1.81M as of Jun 2019.
Portchain operates through Portchain Aps.