About We4Sea
We4Sea is a company based in Delft (Netherlands) founded in 2016.. We4Sea has raised $426.69 thousand across 4 funding rounds from investors including European Union, EIC Fund and Mainport Innovation Fund. We4Sea offers products and services including Real-time Performance Monitoring, Performance Loss Assessments, Noon-Reporting Tool, and Emission Reporting. We4Sea operates in a competitive market with competitors including Eltronic FuelTech, Qtagg, Closelink, ClearLynx and Ascenz, among others.
- Headquarter Delft, Netherlands
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$426.69 K (USD)
in 4 rounds
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Latest Funding Round
$55.99 K (USD), Grant
Dec 31, 2019
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Investors
European Union
& 3 more
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Employee Count
Employee Count
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Products & Services of We4Sea
We4Sea offers a comprehensive portfolio of products and services, including Real-time Performance Monitoring, Performance Loss Assessments, Noon-Reporting Tool, and Emission Reporting. 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.
Delivers real-time ship performance insights for fuel efficiency optimization.
Evaluates vessel performance in various weather conditions.
Facilitates easy and uniform vessel performance reporting.
Monitors and reports emissions for regulatory compliance.
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Funding Insights of We4Sea
We4Sea has successfully raised a total of $426.69K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $55.99 thousand completed in December 2019. 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 — $55,993
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First Round
First Round
(04 Apr 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Grant - We4Sea | Valuation |
investors |
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| Sep, 2019 | Amount | Grant - We4Sea | Valuation |
investors |
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| Feb, 2019 | Amount | Seed - We4Sea | Valuation | ENERGIIQ |
| 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 We4Sea
We4Sea has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and Mainport Innovation Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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A venture capital fund focused on sustainable mobility innovation.
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Founded Year | Domain | Location | |
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Energy innovation funding is provided by ENERGIIQ in Zuid-Holland.
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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 We4Sea
| 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 - We4Sea
| 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 |
We4sea Comparisons
Competitors of We4Sea
We4Sea 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 Eltronic FuelTech, Qtagg, Closelink, ClearLynx and Ascenz, 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 |
Fuel efficiency solutions are provided for maritime vessels.
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| domain | founded_year | HQ Location |
Maritime fuel management systems for fuel optimization are provided.
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| domain | founded_year | HQ Location |
A marine lubricant procurement platform is provided for shipping firms.
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| domain | founded_year | HQ Location |
Provider of bunker fuel management system for bunker software
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| domain | founded_year | HQ Location |
Fuel monitoring systems are supplied for the shipping sector.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 We4sea
Frequently Asked Questions about We4Sea
When was We4Sea founded?
We4Sea was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is We4Sea located?
We4Sea is headquartered in Delft, Netherlands. It is registered at Delft, South Holland, Netherlands.
Is We4Sea a funded company?
We4Sea is a funded company, having raised a total of $426.69K across 4 funding rounds to date.
What does We4Sea do?
We4Sea was established in 2016 in Delft, Netherlands, within the marine sector. A big data platform is utilized to monitor fuel consumption and emissions from vessels. Operational parameters such as speed and route are collected and analyzed to generate insights on efficiency. SaaS solutions are extended to ship owners, equipment makers, designers, and cargo operators, supporting cost reductions in bunker fuel across global shipping activities.
Who are the top competitors of We4Sea?
We4Sea's top competitors include Eltronic FuelTech, Ascenz and Closelink.
What products or services does We4Sea offer?
We4Sea offers Real-time Performance Monitoring, Performance Loss Assessments, Noon-Reporting Tool, and Emission Reporting.
Who are We4Sea's investors?
We4Sea has 4 investors. Key investors include European Union, EIC Fund, Mainport Innovation Fund, and ENERGIIQ.