ShipIn Systems, an Israeli startup that uses artificial intelligence (AI) to help shipping companies better manage their operations, raised $24 million in a Series A funding round led by Zeev Ventures.
Founded in 2018, ShipIn Systems boasts that it is the world’s first FleetVision™ Platform, enabling “seamless ship-to-shore collaboration” for maritime fleets. By deploying AI-powered cameras and real-time visual analytics, ShipIn’s platform proactively alerts ship owners, managers, and seafarers to onboard anomalies, reducing incidents onboard by 40% and increasing cargo operations efficiency by 8%. Learn more at ShipIn.ai.
With ShipIn’s FleetVision™, the company declares, clients get the visibility they need into all critical operations, “Increase ship-shore collaboration, track incidents and their resolution in real-time, and measure and improve performance across your entire fleet.”
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Shipin adds that FleetVision helps clients spend less time in ports and maximize value of their assets. It also helps them to identify and solve bottlenecks in loading and discharge activities, prevent damage to the vessels, log events digitally, and streamline demurrage claims. With the cargo operations interface, you can track KPIs in real-time, wherever the vessels are. “Monitor planned vs actual port time, stevedores activities, and more.”
Osher Perry, CEO and Co-Founder of ShipIn Systems, said: “We’re thrilled to partner with Zeev Ventures to help maritime shipping become safer and more productive, and to bring data-driven visibility to an industry that had not previously benefited from access to these powerful tools. For the first time, ship owners, managers and crew can see the same information at the same time, and collaborate as if they are working shoulder-to-shoulder, despite being oceans apart.”
“I’m excited to invest in the maritime space for the first time. With so much pressure on the global supply chain, this industry is changing rapidly and undergoing significant transformation. ShipIn is at the forefront of the maritime technology space, building an operating platform to advance and modernize global shipping fleets,” said Oren Zeev, Founding Partner at Zeev Ventures.