About Portchain
Portchain is a company based in Copenhagen (Denmark) founded in 2017 by Thor Thorup, Niels Kristiansen, and Anders Olivarius. 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 as of November 30, 2024. Portchain offers products and services including Portchain Connect and Portchain Quay. Portchain operates in a competitive market with competitors including Clear Metal, Portcast, ShipNEXT, OOCL and Bearing.ai, among others.
- Headquarter Copenhagen, Denmark
- Employees 20 as on 30 Nov, 2024
- Founders Thor Thorup, Niels Kristiansen, Anders Olivarius
- Stage Minicorn
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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 Portchain Aps
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Annual Revenue
Not available
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Net Profit
-$481.54 K (USD)-747as on Dec 31, 2022
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EBITDA
-$773.96 K (USD)-1780as on Dec 31, 2022
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Total Equity Funding
$8.52 M (USD)
in 6 rounds
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Latest Funding Round
$5 M (USD), Series A
Feb 12, 2024
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Investors
European Union
& 7 more
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Employee Count
20
as on Nov 30, 2024
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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
People of Portchain
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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.
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 |
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Venture capital firm focused on deep tech startups
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Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Portchain
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Portchain
Investment portfolio details for Portchain
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Financial Statements - Portchain
Detailed financials for Portchain
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Portchain Comparisons
Peer comparison for Portchain
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Competitors of Portchain
Portchain 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 Clear Metal, Portcast, ShipNEXT, OOCL and Bearing.ai, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI and web-enabled analytics platforms are provided for container shipping.
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Predictive supply chain visibility and analytics are provided for logistics.
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Provider of AI, web, and blockchain-based digital shipping marketplace and a reverse trading platform
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Ocean cargo services are booked through an online platform.
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Platform offering AI-based shipping management platform
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Detailed competitors of Portchain
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Latest news on Portchain
Complete news archive for Portchain
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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 current CEO of Portchain. They have also founded this company.
Portchain is a funded company, having raised a total of $8.52M across 6 funding rounds to date.
As of Nov 30, 2024, the latest employee count at Portchain is 20.
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's top competitors include OOCL, Portcast and Bearing.ai.
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.