Shipfix, a new startup aiming to digitalize the dry cargo shipping industry, has raised $4.5 million in seed funding.
The round was led by Idinvest Partners, with participation from The Family, Bpifrance, Kima Ventures, and strategic business angels.
“We’re trying to fix the email overload for everybody involved in the process of fixing a dry cargo ship by providing a comprehensive market monitor,” Shipfix CEO, Serge Alleyne told TechCrunch. “We’re also producing data-driven insights that are profoundly missing in the bulk/break-bulk space. Actually the last revolution of the dry cargo industry was email, and so far people still rely on indices based on a panel of brokers while all the data is available in emails.”
Shipfix customers are primarily anyone chartering/fixing a ship, such as charterers, ship owners, ship operators, freight forwarders and “brokers.”
Founded in December 2018 by Serge Alleyne (CEO) and Antoine Grisay (COO), the company currently employs 15 people, including senior engineers, data scientists, shipping professionals, and analysts. The team mostly work remotely across seven cities, with offices in London, Paris, and Toulouse.