8 years ago

Shipamax Raises $2.5 Million to Digitize Bulk Shipping

  • Shipamax, a London-based startup founded in 2016, has secured a $2.5 million Seed investment led by Cherubic Ventures, with participation from AME Cloud and FF Angel

  • The funding will be used to expand the team, accelerate product development, and grow the customer base

  • Shipamax aims to modernize the bulk shipping industry by providing a data-driven platform that streamlines the ship booking process, replacing the current reliance on emails, spreadsheets, and instant messaging

  • The platform offers communication, data, and market insights, enabling the industry to adapt to the digital age and improve efficiency.

      • ProblemTransportation

      "Booking a ship for bulk commodities today is still a rather slow and administrative process, resulting in high costs and room for error."

      Solution

      "Shipamax is building a data-driven platform to bring communications, data and market insight into one platform, supporting the bulk shipping industry's move into the digital age."

      Covered on