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Hefring Marine logo — Empowering vessel operators and managers to enhance safety,...

Hefring Marine

Empowering vessel operators and managers to enhance safety, efficiency and sustainability with data-driven insights.

Founded 2018 Iceland Iceland 19 employees Seed Total: $2.30M

General Information

Company Name Hefring Marine
Founded Year 2018
Location Iceland Iceland
Founders / Decision Makers
Team member
Employees 19
Funding Stage Seed
Business Model B2B, SaaS, DaaS
Revenue Model Subscription, Usage Based, Service Fee
Social

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About Hefring Marine

Hefring Marine, founded in 2018, is a promising startup headquartered in Iceland, focusing on enhancing the safety, efficiency, and sustainability of marine operations. Their core product, the Intelligent Marine Assistance System (IMAS), provides decision support and actionable insights for various sectors, including rescue, defense, law enforcement, and leisure.

The company's slogan, "Empowering vessel operators and managers to enhance safety, efficiency and sustainability with data-driven insights," succinctly captures its mission. By leveraging data-driven operations, Hefring Marine positions itself as a crucial player in modernizing maritime industries.

Their latest funding, a grant investment, was secured on 01 December 2024 from Ísland.is. This financial backing underscores the confidence investors have in Hefring Marine's potential to innovate within the marine industry and expand its impact across multiple sectors.

Business keywords: marine technology, AI/ML, IoT solutions, fuel efficiency, carbon emissions reduction, real-time navigation, safety enhancement, deep-tech, vessel operations, on-board AI, situational awareness, wave impact reduction, hardware-enabled SaaS, crew transfer optimization, intelligent marine assistance

Services & Products

Advanced AI-powered assistance for vessels
Centralization of vessel data
Real-time decision support
Optimization of vessel systems

Target Customers

Commercial vessel operators Defense vessel operators Unmanned vessel operators Leisure vessel operators Fleet managers Marine professionals

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Grant Undisclosed 1
Ísland.is
01 Dec 2024
Seed €2.20M 7
Bernhard Schulte Innoport MD One Ventures Faber
Bernhard Schulte Innoport, MD One Ventures +5
01 May 2024
Round Undisclosed 1
MD One Ventures
MD One Ventures
01 Nov 2021
Early VC Undisclosed 2
TechNexus Bernhard Schulte Innoport
TechNexus, Bernhard Schulte Innoport
01 Apr 2021
Support Program Undisclosed 1
PortXL
PortXL
01 Sep 2020
Grant ISK50.00K 1
Icelandic Centre for Research
01 Jan 2020
Early VC Undisclosed -
01 Jul 2019
Grant €50.00K 1
European Innovation Council
European Innovation Council
01 Dec 2018

Hefring Marine Alternatives & Competitors

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Hefring Marine vs
OXE Marine
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Hefring Marine vs
Tomahawk
Tomahawk United States

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Hefring Marine vs
Massterly (a Kongsberg Wilhelmsen joint venture)
Massterly (a Kongsberg Wilhelmsen joint venture) Norway

Massterly will offer services for the customers’ entire value chain for autonomous ships

32 employees
Logistics, Transportation
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FAQ About Hefring Marine

Empowering vessel operators and managers to enhance safety, efficiency and sustainability with data-driven insights.
Hefring Marine was founded in 2018.
Hefring Marine is headquartered in Iceland.
Hefring Marine has a B2B, SaaS and DaaS business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Hefring Marine has approximately 19 employees.
Hefring Marine has completed 8 funding rounds, raising a total of $2.30M. The latest funding stage is Seed.
Hefring Marine offers: Advanced AI-powered assistance for vessels, Centralization of vessel data, Real-time decision support, Optimization of vessel systems.
Top alternatives and competitors to Hefring Marine include OXE Marine, Tomahawk, Massterly (a Kongsberg Wilhelmsen joint venture), RAD Propulsion, Wonderbag. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hefring Marine and OXE Marine are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hefring Marine, https://bouncewatch.com/company/hefring-marine, updated 30 January 2026. When citing, please name BounceWatch and link this page.

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