# Searoutes

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

- Industry: Software
- Headquarters: Marseille, France
- Website: www.searoutes.com
- Total disclosed funding: $4.3M
- Latest round: Series A (Nov 8, 2021)
- Investors on record: 5

## About

Searoutes SAS, based in Marseille, France, specializes in advanced software solutions for the logistics sector, focusing on the accurate computation of CO2e emissions related to freight transport.Founded in 2019, Searoutes SAS develops software solutions that calculate CO2e emissions for the shipping industry. The company has successfully raised funding through four deals, with the latest being a Series A round in November 2021, securing EUR 1.17 million led by WSB Beteiligungs GmbH. The CEO and founder, Pierre Garreau, has a background in software solutions targeted at enhancing logistics efficiency. The firm is headquartered in Marseille, France, where it continues to innovate in emissions management.Searoutes offers a suite of APIs that utilize modern algorithms and extensive datasets for precise CO2e emissions calculations in freight transport. Their tools integrate Automatic Identification System (AIS) data with machine learning, providing users accurate sea distances and optimizing logistics operations. With over 110 clients, including freight forwarders and logistics operators, Searoutes addresses compliance with environmental regulations and helps clients enhance supply chain efficiency in European markets.In the most recent year of 2023, Searoutes generated a revenue of EUR 965,516.70, primarily through a structured subscription model that allows clients to access its APIs and analytical tools for carbon emissions management.Following the EUR 1.17 million funding round in November 2021, Searoutes SAS plans to accelerate the deployment of its solutions to shippers and freight forwarders, enhancing their operational efficiency. The funding will support technological advancements and the expansion of their service offerings. Searoutes aims to enter new markets and geographic regions, although specific targets and timelines for this expansion have not been detailed.

## Funding rounds

- Series A, Nov 8, 2021, $1.3M — CMA CGM Ventures, Team ABC, OHB Digital Services, WSB Beteiligungs GmbH
- Seed, Oct 19, 2021, $2.9M — Vineta Ventures, CMA CGM Ventures, Team ABC, OHB Digital Services

## Investors

- Vineta Ventures (https://capitalatlas.ai/funds/vineta-ventures) — Seed
- CMA CGM Ventures (https://capitalatlas.ai/funds/cma-cgm-ventures) — Seed, Series A
- Team ABC (https://capitalatlas.ai/funds/team-abc) — Seed, Series A
- OHB Digital Services — Seed, Series A
- WSB Beteiligungs GmbH — Series A