# ioCurrents

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

- Industry: Software
- Headquarters: Seattle, US
- Website: www.iocurrents.com
- Total disclosed funding: $5.8M
- Latest round: Series A (Mar 25, 2019)
- Investors on record: 2

## About

ioCurrents, Inc. specializes in enhancing maritime operations through innovative software solutions, providing analytics and real-time data insights to address critical industry challenges.Founded in 2015, ioCurrents, Inc. is headquartered in Seattle, US. The company focuses on maritime software solutions, specifically with its platform MarineInsight™. The firm has successfully raised USD 5.00 mn in Series A funding led by Imagen Capital Partners on March 25, 2019. Bhaskar Bhattacharyya and Cosmo King are the founders, with Jesse Brink serving as CEO. ioCurrents offers MarineInsight™, an advanced software platform that enhances maritime operations via analytics and real-time data insights. This platform addresses fuel optimization, emissions reduction, failure prediction, and maintenance intelligence, serving shipping companies, vessel operators, and fleet managers across North America, Europe, Asia, and Australia.The revenue model of ioCurrents is based on subscription services for MarineInsight™, where clients pay annual fees for software access, updates, and support. This approach promotes long-term partnerships with maritime businesses, allowing flexible financial planning without upfront software costs, and contracts are tailored to the client's fleet needs.ioCurrents plans to leverage its recent Series A funding of USD 5.00 mn to enhance product offerings and expand into new markets, targeting regions in Asia and Australia for growth by 2025. The company is focused on developing new features for MarineInsight™, with enhancements designed to launch in 2024 to further optimize fleet performance and sustainability.

## Funding rounds

- Series A, Mar 25, 2019, $5M — Imagen Capital Partners
- Series A, Sep 20, 2018 — Imagen Capital Partners
- Series A, Jun 13, 2018, $0.8M — Bellingham Angel Investors

## Investors

- Bellingham Angel Investors (https://capitalatlas.ai/funds/bellingham-angel-investors) — Series A
- Imagen Capital Partners (https://capitalatlas.ai/funds/imagen-capital-partners) — Series A