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Vortexa Closes $19m Series B to Scale Its Global Energy Analytics Platform

Feb 02, 2021•over 4 years ago

Amount Raised

$19 Million

Round Type

series b

LondonSoftware Development

Description

Vortexa, the energy intelligence provider that combines AI and deep industry expertise to provide the most complete real-time data and analytics tools for waterborne energy and shipping markets, has today announced it has raised $19 million in Series B funding. The round was led by monashees with participation from all existing investors, including Notion Capital, Mosaic Ventures and Metaplanet Holdings. The investment brings the total amount raised by Vortexa to more than $30 million since inception. Vortexa will use the funding to further accelerate its international expansion and product development.

Company Information

Company

Vortexa

Location

London, England, United Kingdom

About

Building the future of energy markets Vortexa tracks more than $1.8 trillion of waterborne energy trades per year in real-time, providing energy and shipping companies with the most complete picture of global energy flows available in the world today. Vortexa’s highly intuitive web-based app and programmatic API/SDK interfaces help traders, analysts and charterers make high-value trading decisions with confidence, when it matters the most. The web-based platform shares highly detailed oil & gas products flows, produced by hard data, machine learning and state-of-the-art technology with oversight from in-house global industry experts providing real-world context to continually train and improve the models.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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