About Shoreline
Shoreline is a company based in Stavanger (Norway) founded in 2014 by Michael Bjerrum and Ole-Erik Endrerud. Shoreline has raised $11.5 million across 3 funding rounds from investors including Ingenious, Ecosystem Integrity Fund and Blue Bear Capital. The company has 9 employees as of December 31, 2021. Shoreline offers products and services including Construction Simulations, O&M Simulations, Work Order Management, Defect Management, and Inventory Management. Shoreline operates in a competitive market with competitors including Sentient Science, Mingyang Intelligence, NASH Renewables, Marlinks and Ithaca Clean Energy, among others.
- Headquarter Stavanger, Norway
- Employees 9 as on 31 Dec, 2021
- Founders Michael Bjerrum, Ole-Erik Endrerud
-
Sectors
Energy & Utilities
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Shoreline As
-
Annual Revenue
$1.41 M (USD)17as on Dec 31, 2021
-
Net Profit
-$22.38 K (USD)87as on Dec 31, 2021
-
EBITDA
-$22.38 K (USD)87as on Dec 31, 2021
-
Total Equity Funding
$11.5 M (USD)
in 3 rounds
-
Latest Funding Round
$7.5 M (USD), Series B
Jun 06, 2022
-
Investors
Ingenious
& 4 more
-
Employee Count
9
as on Dec 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Shoreline
Shoreline offers a comprehensive portfolio of products and services, including Construction Simulations, O&M Simulations, Work Order Management, Defect Management, and Inventory Management.
Simulates scenarios for wind farm construction to optimize schedules
Optimizes wind farm maintenance and resource management processes
Automates work orders to reduce errors in field services
Manages defects to ensure efficient wind farm operations
Tracks resources for streamlined wind farm logistics
People of Shoreline
Unlock access to complete
Funding Insights of Shoreline
Shoreline has successfully raised a total of $11.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $7.5 million completed in June 2022. 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 Shoreline
Shoreline has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Ingenious, Ecosystem Integrity Fund and Blue Bear Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital is provided to early-stage startups by this fund.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked | |
|
Private equity investments are directed across various sectors.
|
Locked | Locked | Locked |
Investor details for Shoreline
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Shoreline
Investment portfolio details for Shoreline
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Shoreline
Detailed financials for Shoreline
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Shoreline Comparisons
Peer comparison for Shoreline
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Shoreline
Shoreline 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 Sentient Science, Mingyang Intelligence, NASH Renewables, Marlinks and Ithaca Clean Energy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Predictive platform for mechanical failures in critical equipment is developed.
|
|
| Locked | Locked | Locked |
Wind energy generation and monitoring systems are developed and optimized.
|
|
| Locked | Locked | Locked |
AI-driven wind energy asset management software is provided.
|
|
| Locked | Locked | Locked |
Provides real-time monitoring services for subsea cables in renewable energy.
|
|
| Locked | Locked | Locked |
AI and app-based platform offering a digital twin and analytics solution for offshore wind projects
|
Detailed competitors of Shoreline
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Shoreline
Complete news archive for Shoreline
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shoreline
Shoreline was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Shoreline is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.
Ole-Erik Endrerud is the current CEO of Shoreline. They have also founded this company.
Shoreline is a funded company, having raised a total of $11.5M across 3 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Shoreline is 9.
Annual revenue of Shoreline is $1.41M as on Dec 31, 2021.
Shoreline was founded in 2014 in Stavanger, Norway, as a provider of simulation and monitoring software for the wind energy sector. Offshore wind energy systems are supported through tools for monitoring, analysis, and management. Software such as Maintsys and Simstall is developed to handle operations, maintenance, and logistics for offshore wind turbine farms. The focus remains on practical solutions for energy infrastructure.
Shoreline's top competitors include Mingyang Intelligence, Sentient Science and NASH Renewables.
Shoreline offers Construction Simulations, O&M Simulations, Work Order Management, Defect Management, and Inventory Management.
Shoreline has 5 investors. Key investors include Ingenious, Ecosystem Integrity Fund, Blue Bear Capital, Investinor, and Alliance Venture.