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Tuesday, February 27, 2024

Swedish Enqlare AB gets $500K to drive maritime industry transformation with innovative software solutions

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Stockholm-based Enqlare AB recently secured $500,000 in funding round led by Motion Ventures. The company specializes in revolutionizing the maritime industry with its innovative software designed for optimizing bulk freight workflows. Enqlare’s focus lies in enhancing collaboration, insight, and automation in the sector. The newly acquired funds will be utilized to fuel Enqlare’s expansion plans, covering product development, sales, marketing, and the recruitment of key personnel.

Enqlare focuses on transforming the maritime industry through innovative software solutions. Their cloud-based freight management software streamlines bulk commodity supply chains, making operations more efficient. Enqlare’s tools enable easy collaboration with supply chain partners, offering features like voyage updates and laytime management to prevent costly mistakes. The company’s goal is to digitize key processes such as planning, chartering, and post-fixture, providing a simple yet powerful solution for charterers and ship brokers to enhance productivity and reduce risks.

“We are thrilled to welcome Motion Ventures as our partner in this exciting chapter of Enqlare’s journey,” stated Anders Carlsson, CEO of Enqlare. “Their deep understanding of the maritime industry and expertise in driving SaaS growth aligns perfectly with our vision to transform how businesses operate within this sector.”

Enqlare is disrupting the maritime industry landscape with innovative software that optimizes insight, collaboration, and automation for bulk freight workflows. A pioneer in the maritime SaaS space, Enqlare is empowering businesses to optimize their Laytime, Port Calls and Shipments operations by facilitating collaboration and data-driven decision-making. The company’s modular solution provides a seamless experience for commodity freight buyers, port agents, and maritime service providers, offering automation, clarity, and data-driven insights to enhance operational efficiency and decision-making.

“We can see that Enqlare is committed to providing innovative solutions to a global customer base, and we want to support them in their mission to empower businesses to achieve operational excellence and drive business growth.” says Motion Ventures’ Shaun Hon.

Click to read more funding news.

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Jan Ameri
Jan Ameri
Entrepreneur-by-heart – and by actions since 1998. Being an expert in spotting new opportunities and creating new concepts, Jan has been a partner or co-founder in seven different companies in various industries. In the early 2000’s he was pioneering some of the very first WAP, SMS, and interactive TV based wireless games and fantasy sports games in the Nordic countries. Jan loves to watch Shark Tank and The Profit in his free time. And he is an FC Barcelona fan.

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