Syroco
PrivateLast Round
Series A
Dec 9, 2024
Total Funding Raised
$12.78M
Momentum Score
50 /100
Company Overview
Syroco is a French climate-tech startup that provides a software platform to optimize energy efficiency and reduce fuel consumption for the maritime shipping industry. The company's core product, Syroco Live, is an AI-driven voyage optimization solution that uses a vessel's digital twin to calculate the most efficient routing and speed, aiming to decrease fuel consumption by 10% or more. Founded in 2019 by kitesurfing world champion Alexandre Caizergues and other partners, the company was initially created to develop a speed craft to break the world sailing speed record. The research and development from this project, particularly in naval architecture and simulation engines, led to the creation of its commercial platform for the shipping industry. Syroco is headquartered in Marseille, France, and is backed by venture capital funding.
Sector
Mobility, Transportation & Logistics
Verticals
Maritime & Shipping, Vertical SaaS, Route Optimization, ESG Analytics
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Syroco Comps
Public and private peers based on sector, stage, and business model.
Syroco Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Dec 9, 2024 | ||||
| Angel | Jun 5, 2023 | ||||
| Seed | Sep 29, 2020 |
Key People
Founding team and executive leadership
Syroco Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Alter Equity | Series A |
| Seventure Partners | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 10, 2026
Opened a new office in Oslo, Norway for European expansion.
- Mar 10, 2026
Joined the Maritime Oslofjord Alliance for a sustainable maritime future.
Syroco Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Syroco's valuation, stock price, and market status.