About ShipNEXT
ShipNEXT is a company based in Antwerp (Belgium) founded in 2016 by Alexander Varvarenko.. ShipNEXT has raised $609.18 thousand across 4 funding rounds from investors including VLAIO, Group Meeran and fund┋it. ShipNEXT offers products and services including Trading Desk, Cargo Monitor, Fleet Monitor, Exchange, and Documents. ShipNEXT operates in a competitive market with competitors including Dakosy, Maritech Services, Avantida and AMURA, among others.
- Headquarter Antwerp, Belgium
- Founders Alexander Varvarenko
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Sectors
Transportation, Automotive & LogisticsTechnology
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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 Shipnext Bv
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$609.18 K (USD)
in 4 rounds
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Latest Funding Round
$423.29 K (USD), Grant
Sep 27, 2023
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Investors
VLAIO
& 4 more
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Employee Count
Employee Count
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Products & Services of ShipNEXT
ShipNEXT offers a comprehensive portfolio of products and services, including Trading Desk, Cargo Monitor, Fleet Monitor, Exchange, and Documents. 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.
Tool for instant cargo-to-ship matching and freight negotiations.
Platform for monitoring cargo status and shipping data.
System for tracking ship positions and fleet operations.
Service for freight trading and contract management.
Tool for electronic bill of lading and smart contracts.
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Funding Insights of ShipNEXT
ShipNEXT has successfully raised a total of $609.18K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $423.29 thousand completed in September 2023. 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 4
- Last Round Grant — $423,288
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Grant - ShipNEXT | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - ShipNEXT | Valuation | Group Meeran |
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| Jul, 2021 | Amount | Grant - ShipNEXT | Valuation |
investors |
| 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 ShipNEXT
ShipNEXT has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include VLAIO, Group Meeran and fund┋it. 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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BlockStart is focused on supporting blockchain and DLT startups.
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Founded Year | Domain | Location | |
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Sector-agnostic startup acceleration is provided by Betatron Venture Group.
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Founded Year | Domain | Location | |
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Funding opportunities for research and mobility are facilitated by fund┋it.
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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 ShipNEXT
| 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 - ShipNEXT
| 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 |
Shipnext Comparisons
Competitors of ShipNEXT
ShipNEXT 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 Dakosy, Maritech Services, Avantida and AMURA, 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 |
Shipping software for maritime and logistics sectors is provided.
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| domain | founded_year | HQ Location |
Offers a platform for intelligent freight fixing and sustainable shipping management.
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| domain | founded_year | HQ Location |
Containers for ocean shipping are booked online through the platform.
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| domain | founded_year | HQ Location |
Provider of cloud-based software for marine pilots and port authorities
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Shipnext
Frequently Asked Questions about ShipNEXT
When was ShipNEXT founded?
ShipNEXT was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is ShipNEXT located?
ShipNEXT is headquartered in Antwerp, Belgium.
Who is the current CEO of ShipNEXT?
Alexander Varvarenko is the current CEO of ShipNEXT. They have also founded this company.
Is ShipNEXT a funded company?
ShipNEXT is a funded company, having raised a total of $609.18K across 4 funding rounds to date. The company's 1st funding round was a Grant of $19K, raised on Oct 03, 2019.
What does ShipNEXT do?
ShipNEXT was founded in 2016 in Antwerp, Belgium, as a provider of a digital shipping marketplace and reverse trading platform in the maritime logistics sector. Natural language processing, machine learning, linear programming, AI, and big data are utilized for cargo-to-ship matching. Operations encompass instant email processing, freight tendering, tracking of cargo and ships, freight indexing, contract management, transactions, and electronic billing, supporting global shipping activities.
Who are the top competitors of ShipNEXT?
What products or services does ShipNEXT offer?
ShipNEXT offers Trading Desk, Cargo Monitor, Fleet Monitor, Exchange, and Documents.
Who are ShipNEXT's investors?
ShipNEXT has 5 investors. Key investors include VLAIO, Group Meeran, fund┋it, BlockStart, and Betatron Venture Group.
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