# Greywing Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/greywing-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.grey-wing.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Oct 6, 2021)
- Investors on record: 7

## About

Greywing Pte Ltd offers cutting-edge maritime data management solutions, focusing on enhancing operational efficiency for maritime operators through advanced technologies.Greywing Pte Ltd, founded in 2019, is headquartered in Singapore and specializes in maritime data management systems. The company has pivoted towards integrating AI-driven solutions to streamline operations for its clients. Nick Clarke serves as the CEO. Greywing raised USD 2.5 mn in Seed funding in October 2021, led by Signal Ventures with participation from various investors including Y Combinator and Flexport, contributing to a total amount raised of USD 2.5 mn.Greywing specializes in advanced maritime data management solutions, offering tools designed to enhance decision-making for maritime operators. Its flagship product, Proteus, is an AI-driven platform that integrates with legacy systems to quickly extract relevant data. This platform aids in crew management, cargo handling, travel logistics, and regulatory compliance, allowing users to efficiently manage operations and access important information through natural language queries. Greywing caters to a diverse clientele, including large maritime operators and logistics firms globally, with a strong presence in international shipping markets.In the most recent year of 2023, Greywing reported revenue of USD 83,320.70. The company's EBITDA for the same year was -USD 1,038,455.50, reflecting the financial challenges faced in its early growth stages.Greywing aims to enhance its maritime solutions by tapping into additional data sources and developing autonomous vessel management systems as its algorithms become more sophisticated. The recent Seed funding of USD 2.5 mn will support these initiatives. The company plans to expand its market presence in key regions globally, focusing on areas with a high concentration of maritime activity. Specific timelines for product launches and geographic expansion are yet to be detailed.

## Funding rounds

- Seed, Oct 6, 2021, $2.5M — Transmedia Capital, Y Combinator, Signal Ventures, Entrepreneur First, Rebel Venture Fund, Motion Ventures, Flexport, Inc

## Investors

- Transmedia Capital (https://capitalatlas.ai/funds/transmedia-capital) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Signal Ventures (https://capitalatlas.ai/funds/signal-ventures) — Seed
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- Rebel Venture Fund (https://capitalatlas.ai/funds/rebel-venture-fund) — Seed
- Motion Ventures (https://capitalatlas.ai/funds/motion-ventures) — Seed
- Flexport, Inc — Seed
