Tero Marine

Bergen, Norway Founded: 1986 • Age: 40 yrs Acquired By Seagull
Fleet management software solutions are developed for maritime operations.
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About Tero Marine

Tero Marine is a company based in Bergen (Norway) founded in 1986 was acquired by Seagull in April 2019.. Tero Marine offers products and services including Ocean Learning Platform, Crew Management Solutions, and Fleet Management Solutions. Tero Marine operates in a competitive market with competitors including DNV, ST Engineering, NAPA, TideWise and SailGrib, among others.

  • Headquarter Bergen, Norway
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tero Marine As
Operational Areas
Transportation, Automotive & Logistics → Maritime, Ports & Shipping
Key Metrics
  • Annual Revenue
    $8.16 M (USD)
    4
    as on Dec 31, 2021
  • Net Profit
    $1.94 M (USD)
    -11
    as on Dec 31, 2021
  • EBITDA
    $2.45 M (USD)
    3175
    as on Dec 31, 2021
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Seagull

    (Apr 24, 2019)

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Products & Services of Tero Marine

Tero Marine offers a comprehensive portfolio of products and services, including Ocean Learning Platform, Crew Management Solutions, and Fleet Management Solutions. 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

Platform for maritime training and e-learning content.

Tools for maritime crew planning and administration.

Systems for vessel performance and data insights.

Funding Insights of Tero Marine

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 Tero Marine

Tero Marine has secured backing from 1 investor. Prominent investors backing the company include Seagull. 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
Investor Description Founded Year Domain Location
E-learning content is provided for maritime industry training.
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 Tero Marine

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 - Tero Marine

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

Tero Marine Comparisons

Employees
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Competitors of Tero Marine

Tero Marine 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 DNV, ST Engineering, NAPA, TideWise and SailGrib, 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
Offshore classification, training, advisory, and analytics services are provided.
domain founded_year HQ Location
SaaS-based solutions for rail fleet operations management are developed.
domain founded_year HQ Location
Software and data services are provided by NAPA for maritime operations.
domain founded_year HQ Location
Shipbuilding and shipping management platforms are developed for maritime operations.
domain founded_year HQ Location
Offers a range of sailing apps for navigation and related marine services.
domain founded_year HQ Location
Software and turnkey solutions for marine optimization are provided by Vissim.
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 Tero Marine

Frequently Asked Questions about Tero Marine

When was Tero Marine founded?

Tero Marine was founded in 1986.

Where is Tero Marine located?

Tero Marine is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.

Who is the current CEO of Tero Marine?

Rune Lyngaas is the current CEO of Tero Marine.

What is the annual revenue of Tero Marine?

Annual revenue of Tero Marine is $8.16M as on Dec 31, 2021.

What does Tero Marine do?

Tero Marine was founded in 1986 in Bergen, Norway, where fleet management software is developed for the maritime sector. A proprietary suite is offered, including modules for maintenance, procurement, human resources, quality, and environment. Additional systems are provided for database building, replication monitoring, project management, and training services. Partnerships have been established with companies such as Knutsen OAS Shipping, Solstad Offshore, and Subsea 7.

Who are the top competitors of Tero Marine?

Tero Marine's top competitors include DNV, ST Engineering and NAPA.

What products or services does Tero Marine offer?

Tero Marine offers Ocean Learning Platform, Crew Management Solutions, and Fleet Management Solutions.

Who are Tero Marine's investors?

Tero Marine has 1 investor. Key investors include Seagull.

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