Total raised
$17.0M
Last: Seed 2023-08
Stage
Seed
Founded
2022
Headcount
28
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech
About
40Seas is a digital trade financing solution built for the global supply chain. The company leverages artificial intelligence and data-driven technology to offer flexible B2B payment options, making it fast, cheap, and easy for supply chain players, such as importers, exporters, freight forwarders, and sourcing agencies, to access working capital.
Funding history · 3 rounds · $17.0M total
2023-08
Seed
$6.0M
2023-01
Seed
$11.0M
2023-01
Debt Financing
$100.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was 40Seas founded?
- 40Seas was founded in April 2022.
- What is 40Seas's primary business?
- 40Seas provides a digital trade financing solution for the global supply chain, leveraging AI and data-driven technology for B2B payment options.
- How much funding has 40Seas raised in total?
- According to startupim data, 40Seas has raised a total of $17 million in equity funding.
- Which investors participated in 40Seas's Seed round in January 2023?
- In January 2023, 40Seas secured Seed funding from Team8 and ZIM Ventures.
- Did 40Seas raise debt financing, and if so, when and from whom?
- Yes, in January 2023, 40Seas raised $100 million in debt financing from ZIM Ventures.
- When did 40Seas extend its Seed round and who were the lead investors?
- 40Seas extended its Seed round in August 2023, with Team8 as a lead investor, alongside QED Investors and Eminence Ventures.
- How many employees does 40Seas currently have?
- 40Seas currently has 28 employees.
- Where are 40Seas's offices located?
- 40Seas has offices in Tel Aviv-Yafo, Israel; Toronto, Canada; New York, USA; and Shenzhen, China.
- What was a significant partnership development for 40Seas in June 2023?
- In June 2023, ZIM expanded its partnership with 40Seas to offer flexible digital financing solutions to its customer base.
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