# Ship Supplies Direct Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ship-supplies-direct-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.shipsuppliesdirect.com
- Latest round: Seed (Feb 1, 2019)
- Investors on record: 2

## About

Ship Supplies Direct Pte Ltd is a Singapore-based company specializing in providing essential maritime supply solutions through an efficient online platform, catering to the needs of various shipping and vessel operators.Founded in 2018 and headquartered in Singapore, Ship Supplies Direct Pte Ltd focuses on maritime supply services. The company raised seed funding on February 1, 2019, to support its growth strategy. The funding was led by PSA unboXed, with participation from Quest Ventures.Ship Supplies Direct Pte Ltd offers a digital platform that simplifies the procurement of maritime supplies, enabling shipping companies to efficiently order essential items. Their services include a comprehensive inventory of supplies tailored for vessels, along with logistics support to ensure timely delivery across various ports.In the most recent fiscal year 2021, the company reported a revenue of USD 189,956.60 and an EBITDA of USD -33,506.60, reflecting the initial stages of market penetration and operational setup.Ship Supplies Direct Pte Ltd aims to expand its product offerings with new maritime supply solutions set for release in Q3 2022. The company is targeting expansion into Southeast Asian markets, including Malaysia and Indonesia, by the end of 2023. The funding raised in early 2019 will be utilized to enhance their logistics capabilities and marketing efforts to support this expansion.

## Funding rounds

- Seed, Feb 1, 2019 — Quest Ventures, PSA unboXed

## Investors

- Quest Ventures (https://capitalatlas.ai/funds/quest-ventures) — Seed
- PSA unboXed (https://capitalatlas.ai/funds/psa-unboxed) — Seed