ioCurrents, a Seattle, WA-based maritime data analytics company, closed a $5M Series A-1 financing.
The round was led by Imagen Capital Partners.
The company intends to use the funds to accelerate a broader roll-out of its innovative MarineInsight™ data analytics platform.
Led by Cosmo King, co-founder and Chief Executive Officer, ioCurrents is a maritime data analytics company that has developed a machine learning-based analytics platform, MarineInsight™, which aggregates diverse data sets into actionable insights for the maritime industry.
Using a combination of edge and cloud-based computing, MarineInsight™ provides operators and fleet managers with descriptive, predictive, and efficiency analytics for engines, generators, and other vessel assets to improve efficiency, increase safety, and identify and prevent failures.