Voyager Closes Collection A Funding, Marking $10M Elevated

Voyager Portal has these days announced an $8.4 million Series A expense to gas development across the maritime offer chain.

HOUSTON –– Voyager Portal, a software package system enabling corporations to lower value, chance, and complexity in their marine offer chain, has today declared an $8.4 million Sequence A financial investment, led by Phaze Ventures. Other new buyers include things like ScOp Enterprise Funds, Waybury Money and Flexport. All present buyers adopted in on this spherical.

The new funding will come on the back again of unprecedented expansion due to the fact the company lifted $1.5 million in seed funds two years in the past. Because then, profits has increased 13x from Q3 2020 to Q3 2021 and was up 40% from Q2 2021. Additionally, Voyager surpassed the $1 billion-mark for freight managed on the platform. Voyager’s shoppers include suppliers, traders and shippers in the renewable strength, commodity buying and selling, mining and petrochemicals industries.

“Voyager Portal was made to considerably cut down cost, possibility, and complexity when transporting bulk resources all over the entire world,” claimed Matthew Costello, CEO and co-founder of Voyager. “The past two decades have demonstrated just how significant transport bulk commodities is to world-wide markets – freight charges have improved and port congestion is at an all-time substantial – accelerating the demand from customers for Voyager’s alternative.”

Costello continued, “With our Sequence A funding, we’ll be able to expedite our product roadmap to help an intercontinental client foundation although increasing our engineering, growth, advertising and revenue teams internationally.”

Voyager’s lower-code architecture, which permits clients to swiftly and simply configure the system to match their small business procedures, is a exclusive differentiator in a industry dominated by rigid legacy devices. The platform was also created from the floor up to be a multi-bash method, making it possible for businesses to seamlessly collaborate in real time above a single cargo. Working in a unified system makes it possible for for all get-togethers to manage, keep track of and analyze the lifecycle of a cargo with increased context and perception.

“Voyager’s implementation has been vastly amazing,” reported Adam Panni, functions supervisor at OMV, a multinational power corporation based mostly in Austria. “The lower-code functionality allows almost genuine-time modifications to the establishing workflows and reporting capabilities with no prolonged enhancement and nominal tests prior to implementation. By digitizing data capture throughout all our bodily actions, we are able to evaluate our company a great deal improved, enabling more rapidly and smarter choices pushed by info. This, in change, will provide major, quantifiable charge reductions for our organization.”

“Voyager is transforming the way organizations are pondering of their worldwide shipping operations,” reported Abdullah Al-Shaksy, co-founder and CEO, Phaze Ventures. “Global offer chains are turning into progressively complex and strained, and there is an extraordinary treasure trove of knowledge that corporations are underutilizing in their conclusion-producing approach. We feel what Voyager has established for their clients across the world will revolutionize this space eternally.”

“Marine shipping and delivery is a advanced process,” reported Kevin O’Connor, handling lover, ScOp Venture Capital. “It entails coordination among many functions. Voyager enables you to personalize workflows, consolidate essential information and facts and track your shipments during the environment. Voyager radically raises productiveness even though cutting down risk.”

About Voyager
Voyager Portal is a SaaS platform helping corporations decrease risk, charge, and complexity across their maritime offer chain. The firm is Headquartered in Houston, Texas, and was started by field experts Matthew Costello and Bret Clever who were frustrated by the vast inefficiencies and deficiency of details-driven final decision-creating in their marketplace. For additional information, visit voyagerportal.com, and follow on LinkedIn.

About Phaze Ventures
Phaze Ventures is a enterprise money agency and innovation system started to remodel the area by unlocking the untapped potential of our youth, startups and businesses. Headquartered in Oman, our goal is to help innovation as a result of early phase investments and strategic partnerships. Our insights are educated by our deep collaborations, community and technological workforce and our concentrate is on early stage technological innovation investments from Seed to Series-A. To discover much more, take a look at: phazeventures.com.

About ScOp Undertaking Capital
ScOp is a venture money firm based mostly in Los Angeles, California. We seek to make minority investments in seed-phase, early-phase, and later on-phase organizations. The business seeks to make investments in the computer software, SaaS, synthetic intelligence, and e-commerce sectors in the United States. For far more data, pay a visit to: scopvc.com.

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