ioCurrents

ioCurrents

Optimizing fleets with purposeful digitization. Predicting failures. Optimizing fuel. Improving maintenance.

Founded 2015

Seattle, United States 20 employees Series A Total: $6.25M Analytics, Cloud Infrastructure +2

ioCurrents is a United States-based startup founded in 2015 that specializes in optimizing fleets through purposeful digitization. The company's slogan "Optimizing fleets with purposeful digitization. Predicting failures. Optimizing fuel. Improving maintenance." encapsulates its core mission. The company's MarineInsight™ platform leverages digitization to provide actionable insights to fleet operators, assisting in the optimization of fuel, maintenance, and voyages. One of the significant achievements for ioCurrents was securing a $5.00M Series A investment on 25 March 2019 from Imagen Capital Partners, marking a pivotal point in the company's growth trajectory. The investment attests to the confidence that investors have in the potential of ioCurrents and its innovative approach to fleet optimization. ioCurrents' expertise lies in leveraging AI and machine learning through its MarineInsight platform to deliver real-time, analyzed, and actionable data to crews from anywhere. The platform employs IoT devices on board to run analytics in real-time and efficiently transmit data to a secure cloud for shoreside access. Furthermore, the company's commitment to providing actionable insights is evident in its provision of dedicated team members to assist in setting Key Performance Indicators (KPIs) and in the quick, non-invasive installation process that does not require drydock. With a focus on analytics, cloud infrastructure, IoT, and transportation, ioCurrents has positioned itself as a key player in revolutionizing fleet management through advanced digitization and data-driven insights. The company's innovative and practical approach to optimizing fleet operations underscores its potential for continued success in the transportation and marine industry.

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$5.00M	1	Imagen Capital Partners	25 Mar 2019
Seed Round	$1.25M	2	Bellingham Angel Investors, Imagen Capital Partners	21 Sep 2018
Pre Seed Round	Undisclosed	-		01 Nov 2017

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$5.00M

Imagen Capital Partners

25 Mar 2019

Seed Round

$1.25M

Bellingham Angel Investors, Imagen Capital Partners

21 Sep 2018

Pre Seed Round

Undisclosed

01 Nov 2017

FAQ About ioCurrents

Optimizing fleets with purposeful digitization. Predicting failures. Optimizing fuel. Improving maintenance.

ioCurrents was founded in 2015.

ioCurrents is headquartered in Seattle, United States.

ioCurrents operates in Analytics, Cloud Infrastructure, IoT and Transportation. Its work centres on Maritime analytics, IoT devices, Predictive maintenance and Fleet optimization.

ioCurrents has approximately 20 employees.

ioCurrents has completed 3 funding rounds, raising a total of $6.25M. The latest funding stage is Series A.

Top alternatives and competitors to ioCurrents include Neuron Soundware, Sensee, Gelectric, Industrial Analytics IA GmbH, Hark. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

ioCurrents and Neuron Soundware 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.

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