About ZeroNorth
ZeroNorth is a company based in Copenhagen (Denmark) founded in 2014. It operates as a SaaS (Software-as-a-Service), and Managed Services. ZeroNorth has raised $60.47 million across 3 funding rounds from investors including Canadian Imperial Bank of Commerce, Cargill and PSG Equity. ZeroNorth has completed 2 acquisitions, including Ball King Club and ClearLynx. ZeroNorth offers products and services including SMARTShip™ and ShipPalm. ZeroNorth operates in a competitive market with competitors including Pledge, Carbmee, WeNow, SeaRoutes and Fitsol, among others.
- Headquarter Copenhagen, Denmark
- Stage Minicorn
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Sectors
EnvironmentTransportation, Automotive & Logistics
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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 Zeronorth A/S
- Date of Incorporation 12 Sep, 2023
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60.47 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Debt – Conventional
Feb 27, 2025
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Investors
Canadian Imperial Bank of Commerce
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
Ball King Club
& 1 more
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Products & Services of ZeroNorth
ZeroNorth offers a comprehensive portfolio of products and services, including SMARTShip™ and ShipPalm. 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.
Tracks ships and optimizes routing for fuel efficiency.
Manages vessel documents and maintenance tasks effectively.
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Software Development Team
16 people
Data Analysis and Operations Team
8 people
Product Management Team
7 people
Leadership Team
5 people
Creative and Marketing Team
3 people
Sales and Marketing
3 people
Team Team
2 people
Bunker Team
1 people
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Funding Insights of ZeroNorth
ZeroNorth has successfully raised a total of $60.47M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $20 million completed in February 2025. 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 3
- Last Round Debt – Conventional — $20.0M
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First Round
First Round
(16 Mar 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Debt – Conventional - ZeroNorth | Valuation |
investors |
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| Jun, 2022 | Amount | Series B - ZeroNorth | Valuation | PSG | |
| Mar, 2020 | Amount | Series A - ZeroNorth | Valuation | Crosslink Capital |
| 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 ZeroNorth
ZeroNorth has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Cargill and PSG Equity. 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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Capital and operational support are provided to growth-stage software companies.
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Founded Year | Domain | Location | |
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Venture capital is invested in various sectors by Crosslink Capital.
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Founded Year | Domain | Location | |
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ClearSky is engaged in venture capital and growth equity investments.
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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 ZeroNorth
ZeroNorth has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ball King Club and ClearLynx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of bunker fuel management system for bunker software
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2014 | ||||
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Maritime and logistics services are provided by BTS.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ZeroNorth
| 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 |
Zeronorth Comparisons
Competitors of ZeroNorth
ZeroNorth 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 Pledge, Carbmee, WeNow, SeaRoutes and Fitsol, 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 |
A platform for logistics emissions calculation and reporting is provided.
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| domain | founded_year | HQ Location |
Carbon management software is provided for industrial supply chain decarbonization.
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| domain | founded_year | HQ Location |
Provider of connected driving solutions for increased fuel efficiency
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| domain | founded_year | HQ Location |
Web tool for calculating voyage distances and routes is provided.
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| domain | founded_year | HQ Location |
AI platform for carbon management and supply chain is provided.
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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 Zeronorth
Frequently Asked Questions about ZeroNorth
When was ZeroNorth founded?
ZeroNorth was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is ZeroNorth located?
ZeroNorth is headquartered in Copenhagen, Denmark.
Who is the current CEO of ZeroNorth?
Soren Christian Meyer is the current CEO of ZeroNorth.
Is ZeroNorth a funded company?
ZeroNorth is a funded company, having raised a total of $60.47M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.47M, raised on Mar 16, 2020.
What does ZeroNorth do?
ZeroNorth is engaged in providing AI-powered solutions for the shipping industry. The platform is designed to enhance voyage, vessel, and bunker optimization by integrating big data and human expertise. Services are offered to vessel owners, commercial operators, charterers, and bunker suppliers, aiming to reduce costs, improve performance, and support decarbonization. The company connects stakeholders across the maritime value chain, fostering collaboration and data-driven decisions. Solutions are provided to ensure compliance with environmental regulations, improve safety, and achieve measurable operational impact.
Who are the top competitors of ZeroNorth?
What products or services does ZeroNorth offer?
ZeroNorth offers SMARTShip™ and ShipPalm.
How many acquisitions has ZeroNorth made?
ZeroNorth has made 2 acquisitions, including Ball King Club, and ClearLynx.
Who are ZeroNorth's investors?
ZeroNorth has 8 investors. Key investors include Canadian Imperial Bank of Commerce, Cargill, PSG Equity, A P Moller Holding, and Crosslink Capital.
What is ZeroNorth's valuation?
The valuation of ZeroNorth is $43.06M as of Mar 2020.
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