What is Searoutes?
Founded in 2019, Searoutes provides a sophisticated suite of professional tools designed for route optimization, distance calculation, and comprehensive voyage planning for seagoing vessels. By enabling shippers and freight forwarders to accurately calculate carbon emissions for door-to-door shipments, the company serves as a critical data layer for organizations aiming to decarbonize their supply chains. Its market position is defined by its ability to bridge the gap between raw maritime logistics data and actionable sustainability metrics, effectively positioning itself as an essential partner for global trade entities navigating increasingly stringent environmental regulations.
How much funding has Searoutes raised?
Searoutes has raised a total of $2.7M across 2 funding rounds:
Grant
$1.2M
Unspecified
$1.5M
Grant (2021): $1.2M with participation from European Maritime and Fisheries Fund
Unspecified (2021): $1.5M led by WSB Beteiligungs
Key Investors in Searoutes
European Maritime and Fisheries Fund
A public funding body focused on supporting sustainable maritime and fisheries initiatives across the European Union.
WSB Beteiligungs
A private investment firm specializing in strategic capital allocation for growth-stage industrial and technology companies.
What's next for Searoutes?
With this major strategic investment, Searoutes is well-positioned to scale its operations and enhance its proprietary algorithms for carbon footprint analysis. The company is expected to focus on deepening its integration capabilities with existing enterprise resource planning systems, allowing for seamless data flow between logistics operations and sustainability reporting tools. As the maritime sector faces mounting pressure to achieve net-zero targets, Searoutes' focus on high-fidelity emission data will likely serve as a primary driver for its future growth and market expansion. The firm is poised to leverage its current capital to solidify its footprint in the European market while exploring broader international opportunities in the maritime logistics technology sector.
See full Searoutes company page
