ShipServ

London, United Kingdom Founded: 1999 • Age: 27 yrs Acquired By Marcura
Online marketplace for oil and gas equipment
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About ShipServ

ShipServ is a company based in London (United Kingdom) founded in 1999 was acquired by Marcura in August 2023.. ShipServ has raised $8.25 million across 3 funding rounds from investors including Temasek, Marcura and Ionian. The company has 112 employees as of December 31, 2022. ShipServ offers products and services including IMPA Catalogue, Trade Platform, and Supplier Matching. ShipServ operates in a competitive market with competitors including Subsea Supplies, OnlineFuels and AKCommodities, among others.

  • Headquarter London, United Kingdom
  • Employees 112 as on 31 Dec, 2022
  • Sectors
    Energy & Utilities
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Shipserv Limited
  • Date of Incorporation 27 Apr, 2000
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Energy & Utilities → Oil & Gas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
    $1.44 M (USD)
    12
    as on Dec 31, 2022
  • EBITDA
  • Total Equity Funding
    $8.25 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.25 M (USD), Series B

    Jul 23, 2010

  • Investors
    Temasek

    & 3 more

  • Employee Count
    112

    as on Dec 31, 2022

  • Acquired by
    Marcura

    (Aug 29, 2023)

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Products & Services of ShipServ

ShipServ offers a comprehensive portfolio of products and services, including IMPA Catalogue, Trade Platform, and Supplier Matching. 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.

Primary

Search tool for marine stores guide codes

Platform for buyer-supplier connections and RFQs

System to connect maritime buyers and suppliers

People of ShipServ
Headcount 50-200
Employee Profiles 41
Employee Profiles
People
Jenifer M.
Account Manager
People
John Michael Riboroso
Data Analyst
People
Henrik Gram Madsen
Vice President - Account Management EMEA
People
Alexander Benson
Automation Engineer

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Funding Insights of ShipServ

ShipServ has successfully raised a total of $8.25M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3.25 million completed in July 2010. 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 Rounds 3
  • Last Round Series B — $3.2M
  • First Round

    (12 Oct 2000)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2010 Amount Series B - ShipServ Valuation

investors

Jun, 2002 Amount Series A - ShipServ Valuation

investors

Oct, 2000 Amount Series A - ShipServ Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ShipServ

ShipServ has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Temasek, Marcura and Ionian. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
A private investment group focused on diverse asset classes.
Founded Year Domain Location
An investment platform is provided for diverse sectors and geographies.
Founded Year Domain Location
Wealth is managed for the Clark family by Clark Enterprises.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ShipServ

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ShipServ

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Shipserv Comparisons

Employees
+
Add Comparison
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Competitors of ShipServ

ShipServ 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 Subsea Supplies, OnlineFuels and AKCommodities, 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
International supplier of subsea equipment for oil, gas, oceanographic, and defence industries.
domain founded_year HQ Location
Provider of cloud-based fuel station management software solutions
domain founded_year HQ Location
Operates a marketplace for buying and selling oil products.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Shipserv

ShipServ CEO steps up to lead Marcura
Splash2471 year ago
Marcura Group acquires ShipServ Ltd.
Bechbruun1 year ago
Marcura's Acquisition of ShipServ
Global Legal Chronicle2 years ago

Frequently Asked Questions about ShipServ

When was ShipServ founded?

ShipServ was founded in 1999 and raised its 1st funding round 1 year after it was founded.

Where is ShipServ located?

ShipServ is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is ShipServ a funded company?

ShipServ is a funded company, having raised a total of $8.25M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Oct 12, 2000.

How many employees does ShipServ have?

As of Dec 31, 2022, the latest employee count at ShipServ is 112.

What does ShipServ do?

ShipServ was founded in 1999 in London, United Kingdom. An online platform is maintained for the oil and gas sector, where marine and offshore buyers are linked to suppliers. Trading is facilitated through a dedicated search engine, ordering tools, and an ad network, enabling efficient procurement and supplier discovery across global operations.

Who are the top competitors of ShipServ?

ShipServ's top competitors include OnlineFuels, Subsea Supplies and AKCommodities.

What products or services does ShipServ offer?

ShipServ offers IMPA Catalogue, Trade Platform, and Supplier Matching.

Who are ShipServ's investors?

ShipServ has 4 investors. Key investors include Temasek, Marcura, Ionian, and Clark Enterprises.

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