# Windward

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

- Industry: Software
- Headquarters: London, UK
- Website: www.windward.ai/
- Total disclosed funding: $32M
- Latest round: Series C (Jul 1, 2018)
- Investors on record: 4

## About

Based in the UK, Windward Ltd. specializes in advanced maritime risk management solutions, utilizing artificial intelligence to provide operational insights for global trade organizations.Windward Ltd. is a marine AI company that focuses on enhancing maritime risk management and operational efficiency. Founded in London, UK, in 2010 by Ami Daniel, Matan Peled, Patricia Auer, and Tom Harty, the company has successfully completed 5 deals. Its latest funding round in December 2021 was a Public to Private Secondary Buyout, raising GBP 216 million, bringing the total amount raised to GBP 216 million. Ami Daniel serves as the CEO.Windward Maritime AI™ offers a suite of products aimed at improving maritime risk management and operational efficiency. Key offerings include Ocean Freight Visibility, Maritime AI™ Risk & Compliance, and D&D Automation, leveraging machine learning and data fusion to deliver insights tailored to client workflows. Their solutions are designed to support shipowners, logistics companies, and government agencies in various regions, including North America, Europe, and Asia-Pacific, addressing compliance and real-time tracking needs.In 2022, Windward reported a revenue of GBP 21,643,000 with an EBITDA of GBP -14,948,000. The company operates on a subscription-based revenue model, allowing clients to access various services based on their operational requirements in maritime commerce.Following its recent IPO raising GBP 126 million on the LSE in December 2021, Windward aims to solidify its position in the marine insurance market. The funds will be utilized to accelerate the development and launch of new marine insurance products, enhance talent acquisition, and expand operations at its London office.

## Funding rounds

- Series C, Jul 1, 2018, $17M — Horizon Founders Capital, Aleph, XL Innovate
- Series B, Apr 27, 2015, $11M — Horizons Ventures, Aleph
- Series A, Nov 7, 2013, $5M — Aleph

## Investors

- Aleph (https://capitalatlas.ai/funds/aleph) — Series A, Series B, Series C
- Horizons Ventures — Series B
- Horizon Founders Capital (https://capitalatlas.ai/funds/horizon-founders-capital) — Series C
- XL Innovate (https://capitalatlas.ai/funds/xl-innovate) — Series C