Vortexa secures $19m in Series B funding led by monashees to drive global expansion.
The financing round was led by monashees with backing from existing investors including Notion Capital, Mosaic Ventures, and Metaplanet Holdings.
Vortexa provides real-time analytics and data for global energy and freight markets using artificial intelligence and machine learning. The firm operates major international hubs and employs over 120 specialists.
Vortexa has raised $19m in Series B funding to accelerate its international expansion and product development. The investment round was led by monashees, with participation from existing backers Notion Capital, Mosaic Ventures, and Metaplanet Holdings. This latest injection brings the total capital raised by the firm to over $30m since it was founded in 2019.
The London-headquartered business has seen rapid growth recently, tripling its revenues through 2020 and expanding its headcount past 70 people. The fresh capital will allow the company to scale its operations further as it serves major commodity traders, oil companies, and ship owners worldwide.
From the founder
"The combination of state-of-the-art technology with energy markets expertise provided by Vortexa is unlocking immense value for our clients, partners and society – our success is a reflection of theirs"
Fabio Kuhn
Founder and CEO at Vortexa
Investor perspective
"The amazing traction Vortexa has seen reflects the energy sector’s fundamental need for better and faster data and analytics"
Caio Bolognesi
Partner, monashees
Use of funds
- 01Expand into international markets
- 02Continue product development
