Last updated 2026-07-20
- Raised $100M debt round led by ZIM Ventures, Dec 2022
- Raised $6M Seed Extension led by Team8, Jul 2023
- Raised $11M Seed round led by Team8, Dec 2022
Total raised
$117.0M
Last: Undisclosed Round 2023-08
Stage
Seed
Founded
2022
Headcount
31
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
40Seas is a fintech platform for cross-border trade financing that leverages AI and data-driven technology to offer flexible payment options. It aims to modernize cross-border trade finance by providing an efficient and cost-effective financing framework for SMEs, including importers, exporters, freight forwarders, and sourcing agencies. The platform automates customer-to-cash workflows, intelligent KYB, onboarding, credit management, multi-currency payments collection, accounts receivable, and reconciliation. The company is headquartered in Tel Aviv, with offices in New York City, Toronto, and Shenzhen.
Funding history · 3 rounds · $117.0M total
2023-07
Seed Extension
$6.0M
★ Team8QED InvestorsEminence Ventures
2022-12
Seed
$11.0M
★ Team8ZIM Ventures
2022-12
Debt Financing
$100.0M
★ ZIM Ventures
Headcount over time
From 31 (2023-05) to 30 (2026-03) · -1 (-3%) · 7 points · source: Finder history + radar grounding
Q&A
- What is 40Seas' primary business?
- 40Seas is a digital trade financing solution designed for the global supply chain, leveraging AI and data-driven technology to provide flexible B2B payment options for supply chain participants.
- When was 40Seas founded?
- 40Seas was founded in April 2022.
- What is the total amount of funding 40Seas has raised to date?
- 40Seas has raised a total of $17,000,000 USD.
- When was 40Seas' most recent funding round and who were the lead investors?
- 40Seas' most recent funding round occurred in August 2023, with Team8 as a lead investor.
- Which investors participated in 40Seas' January 2023 funding round?
- In January 2023, Team8 and ZIM Ventures participated in a funding round for 40Seas.
- How many employees does 40Seas currently have?
- 40Seas has an employee count in the 11-50 range.
- Where are 40Seas' main offices located?
- 40Seas has offices in Tel Aviv-Yafo, Israel; Toronto, Canada; New York, USA; and Shenzhen, China.
- Who are the co-founders of 40Seas?
- The co-founders of 40Seas are Eyal Moldovan (CEO), Gil Shiff (COO), Igor Zaks (CRO), and Suki GAO (GM of China).
Team · 4
Eyal Moldovan
Founder · Co-founder & CEO
Gil Shiff
Founder · Co-founder & COO
Suki Gao
Founder · Co-founder & GM of China
Igor Zaks
Founder · Co-founder & Chief Risk Officer
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Automotive & Mobility TechnologiesLogistics & Transportation ManagementFintech & InsurtechMoney Transfer & Management
Technologies
Artificial IntelligencePlatforms & InterfacesAPI
Target customers
Transportation & LogisticsLogisticsFinancial ServicesEnterprise & Professional ServicesSMBs & SMEs
Business model
B2B
Highlights
Verified
Tags
fintechfreightsupply-chainartificial-intelligence
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | 40seas.com/ |
|---|---|
| linkedin.com/company/86825187 | |
| facebook.com/40seas |
Identifiers & details
| Legal name | 40Seas, Inc. |
|---|---|
| Founded | 2022-1 |
| Employees (exact) | 31 |
| Offices | Toronto; New York; Shenzhen |
Radar intelligence
GitHub
| Top repos | serverless-express |
|---|
Web history (Wayback)
| Domain | 40seas.com |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516549094 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2022-01-27 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 10 — shares_capital (4), other (1), people (2), annual_report (3) |
| Registered address | תוצרת הארץ 7 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2025-12-31 | שינוי בהרכב הון - מניות-פיצול מניה |
| 2025-12-31 | שינוי בתקנון |
| 2025-12-31 | שינוי בהרכב הון - מניות-שינוי סוג מניה |
| 2025-12-30 | עדכון דירקטורים-הסרת דירקטור |
| 2025-12-30 | עדכון דירקטורים-הוספת דירקטור |
| 2026-06-23 | הקצאת מניות |
| 2025-08-17 | שינוי בהרכב הון - מניות-הפחתת הון מוקצה |
| 2026-01-15 | דו~ח שנתי-הקצאת מניות |
| 2026-01-15 | דו~ח שנתי-הוספת בעל תפקיד |
| 2026-01-15 | דו~ח שנתי-הסרת בעל תפקיד |