What is Searoutes?
Founded in 2019 and headquartered in Marseille, France, SeaRoutes provides professional tools for route and distance calculation, as well as voyage planning for seagoing vessels. The company's core offering assists shippers and forwarders in calculating the carbon emissions associated with their door-to-door freight shipments. This data is crucial for integrating into logistics decision-making systems, enabling more sustainable and efficient supply chain operations. SeaRoutes operates within the burgeoning field of green logistics, leveraging technology to address environmental concerns in maritime transport.
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
The European Maritime and Fisheries Fund is a governmental or intergovernmental entity likely focused on supporting maritime industries and sustainable practices within the European Union.
WSB Beteiligungs
WSB Beteiligungs is likely a German investment or holding company, potentially specializing in strategic capital allocation for businesses within its portfolio.
What's next for Searoutes?
The recent major strategic investment indicates a strong confidence in SeaRoutes' business model and its potential for scaling. With a focus on enterprise-level funding, the company is likely poised for significant expansion of its technological capabilities and market penetration. Future developments may include enhanced features for real-time emissions monitoring, integration with a broader range of logistics platforms, and strategic partnerships to drive adoption of its carbon calculation tools. This backing will be instrumental in solidifying SeaRoutes' position as a key player in optimizing maritime logistics for environmental sustainability.
See full Searoutes company page
