# ContainerShip

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/containership

- Industry: Software
- Headquarters: Pittsburgh, US
- Website: www.containership.io
- Total disclosed funding: $2.4M
- Latest round: Seed (Apr 14, 2016)
- Investors on record: 2

## About

ContainerShip is a logistics technology company specializing in container shipping management. Its platform enhances operational efficiency and visibility across supply chains, primarily targeting businesses engaged in international trade.Founded in 2015 and headquartered in Pittsburgh, US, ContainerShip specializes in container shipping logistics management. The company raised a total of USD 2.41 mn through a Seed funding round co-led by Birchmere Ventures and Draper Triangle Ventures on April 14, 2016. Founded by individuals with previous entrepreneurial experience, ContainerShip has focused on providing software solutions for the logistics sector.Containership.io specializes in offering a comprehensive platform designed for managing and optimizing container shipping logistics. The platform facilitates seamless integration across supply chains, providing users with tools to track shipments, manage inventory, and streamline communication among stakeholders. Targeting businesses involved in international trade, including freight forwarders and shipping companies, it addresses challenges like delayed shipments and lack of visibility in logistics. The company serves a diverse client base, including small to medium-sized enterprises (SMEs) and larger corporations across North America, Europe, and Asia.Containership.io generates revenue through a subscription-based model, allowing clients to pay for access to its software platform based on service levels. Businesses enter contractual agreements that may include additional costs for premium features. For example, a standard plan offers essential functionalities, while larger enterprises might engage in partnerships for custom solutions tailored to their needs, emphasizing a focus on recurring income through long-term client relationships across various industries in global trade.ContainerShip plans to leverage its recent Seed funding of USD 2.41 mn to enhance its platform with new features aimed at improving customer experience and operational efficiency. The company aims to expand into new geographic markets, particularly targeting Europe and Asia by 2023, to increase its market share and client base. The funding will support product development and marketing efforts to facilitate this expansion.

## Funding rounds

- Seed, Apr 14, 2016, $2.4M — Magarac Venture Partners, Birchmere

## Investors

- Magarac Venture Partners (https://capitalatlas.ai/funds/magarac-venture-partners) — Seed
- Birchmere (https://capitalatlas.ai/funds/birchmere) — Seed