When was BunkerEx founded?

BunkerEx was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is BunkerEx located?

BunkerEx is headquartered in London, United Kingdom. It is registered at 85 Great Portland Street, London, England, W1W 7LT.

How many employees does BunkerEx have?

As of Apr 30, 2025, the latest employee count at BunkerEx is 3.

Is BunkerEx a funded company?

BunkerEx is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 29, 2017.

When was the latest funding round of BunkerEx?

BunkerEx's latest funding was a $***** Seed round on Aug 29, 2017, with participation from 2 investors.

Where does BunkerEx rank among its competitors?

BunkerEx ranks 8th amongst 44 active competitors, of which 7 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Loop, which secured $95M in Apr, 2026.

Who are the top competitors of BunkerEx?

BunkerEx's top competitors include Loop, PayCargo and CargoSprint. Among them, Loop secured the most recent funding round in April, 2026.

BunkerEx - 2026 Company Profile, Team, Funding, Competitors & Financials

BunkerEx is an acquired company based in London (United Kingdom), founded in 2017 by Willem Muller. It operates as a Platform for bunker brokerage. BunkerEx has raised $516K in funding. The company has 44 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like Loop, PayCargo and CargoSprint.

Company Details

BunkerEx is an online brokerage company for ship bunkering. The company claims to provide transparent pricing, by showing their clients direct offers from the suppliers. Additionally, the company also provides claim management, supplier vetting and data analysis for their clients. The platform is free for clients, and the company charges a fee from the suppliers once the delivery is done.

Website: bunker-ex.com
Social
Email ID: *****@bunker-ex.com
Registered Address: 85 Great Portland Street, London, England, W1W 7LT

Key Metrics

Founded Year

2017

Location

London, United Kingdom

Stage

Acquired

Total Funding

$516K in 1 round

Latest Funding Round

Seed, Aug 29, 2017, $*****

Investors

HT Ventures & 3 more

Ranked

8^th among 44 active competitors

Employee Count

3 as on Apr 30, 2025

Similar Companies

Loop & 58 more

Exit Details

Acquired by USTC (Mar 29, 2021)

View BunkerEx's full profile

BunkerEx is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BUNKEREX LIMITED CIN: 10229926 , United Kingdom, Active	Jun 13, 2016	-	3 (As on Apr 30, 2025)

BunkerEx got acquired by USTC on Mar 29, 2021.

Click here to take a look at BunkerEx's acquisition in detail

BunkerEx has raised a total funding of $516K over 1 round. Its latest funding round was a Seed round on Aug 29, 2017 for $*****. 2 investors participated in its latest round. BunkerEx has 4 institutional investors.

Here is the list of recent funding rounds of BunkerEx:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 29, 2017	6498271	Seed	6653656	6440854	2642632	9937212

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View details of BunkerEx's funding rounds and investors

The founders of BunkerEx is Willem Muller.

Here are the details of BunkerEx's key team members:

Willem Muller: Founder & CEO of BunkerEx.

View details of BunkerEx's Founder profiles and Board Members

BunkerEx's employee count trend

BunkerEx has 3 employees as of Apr 25. The total employee count is 40.0% lower than what it was in Apr 24. Here is BunkerEx's employee count trend over the years:

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Top competitors of BunkerEx include Loop, PayCargo and CargoSprint. Here is the list of Top 10 competitors of BunkerEx, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Loop 2021, Chicago (United States), Series C	Provider of a logistics data platform offering freight audit and visibility	$160M	Susa Ventures, Founders Fund & 20 others	69/100
2nd	PayCargo 2005, Coral Gables (United States), Series C	Provider of a platform for logistics vendors to manage payments	$290M	Insight Partners, Blackstone & 1 others	62/100
3rd	CargoSprint 2012, Peachtree City (United States), Acquired	Provider of solutions for cargo fee payments, appointments, and visibility	-	-	48/100
4th	QuikQ 2008, Franklin (United States), Series B	Fuel payment solutions for the logistics industry	-	TravelCenters of America, Love's Travel Stops	46/100
5th	LC LITE 2018, Singapore (Singapore), Acquired	Supply chain solution and service provider	-	-	42/100
6th	Sino United 2009, Flushing (United States), Unfunded	Provider of venture financing and research and development in technology sectors	-	-	39/100
7th	Eximchain 2016, Boston (United States), Deadpooled	Provider of blockchain-based supply chain management solutions	$20.1M	FBG Capital, Lair East Labs & 14 others	38/100
8th	BunkerEx 2017, London (United Kingdom), Acquired	Platform for bunker brokerage	$516K	HT Ventures, London Co-Investment Fund & 2 others	35/100
9th	Netree 2007, Delhi (India), Seed	Provider of mobile-based retailers engagement and smart POS solutions	$748K	Jetty Ventures, Udayavani & 45 others	35/100
10th	JITpay ™ 2016, Braunschweig (Germany), Late Stage	Provider of billing, accounting, receivables management and factoring automation solutions for logistics	-	W.A.G. payment solutions	33/100