FrontM secures £1.2m in pre-Series A funding led by Jenson Funding Partners to enhance maritime connectivity.
The pre-Series A financing was led by Jenson Funding Partners alongside Tradeworks.vc and Motion Ventures.
FrontM provides an intelligent collaboration platform designed for the maritime industry, connecting ship and shore teams in low bandwidth environments. Headquartered in the UK, the company operates an app marketplace utilising edge computing and artificial intelligence.
FrontM has secured £1.2m in a pre-Series A funding round led by Jenson Funding Partners, alongside Tradeworks.vc, Motion Ventures and a syndicate of MarTech investors. The capital will be used to accelerate the company mission of resolving connectivity and efficiency hurdles faced by maritime workforces operating in remote environments.
The platform operates a super-app and low-code developer framework to streamline communications, telehealth, video conferencing and vessel tracking. By leveraging edge computing and artificial intelligence, FrontM maximises the utility of existing satellite connections for ship owners, managers and operators worldwide.
From the founder
"Since our Covid-pivot, we evolved our maritime-focused product roadmap and completed a range of initial rollouts. I’m hugely excited to have the backing of eminent maritime investors who share our vision and are equally passionate about digitally empowering people."
Kiran Venkatesh
Co-founder and CEO at FrontM
Investor perspective
"FrontM team’s vision and conviction stood out from our first meeting, and their execution has matched that. Their understanding of the communications and efficiency challenges within the maritime industry and the solution that they’ve built to remedy that is exceptional. The industry is vital to global transport and productivity – and businesses have been in need of a platform that solves these problems. We’ve supported FrontM from pre-Covid seed stages and are very happy to continue to do so."
Jeffrey Faustin
Partner and CIO, Jenson Funding Partners
Investors
Categories
About the company
FrontM
FrontM provides a collaboration platform and app marketplace optimised for remote and low bandwidth maritime operations.