CetoAI - About the company
CetoAI is a series A company based in Newcastle Upon Tyne (United Kingdom), founded in 2020 by Tony Hildrew. It operates as a Provider of AI-powered vessel performance optimization solutions for the maritime industry. CetoAI has raised $6.62M in funding from Dynamo Ventures and Howden. The company has 119 active competitors, including 11 funded and 13 that have exited. Its top competitors include companies like DeepSea, Hefring Marine and Navtor.
Company Details
Provider of AI-powered vessel performance optimization solutions for the maritime industry. They use artificial intelligence to reduce machinery breakdowns, cut carbon emissions, and manage operational risk.
- Website
- ceto.ai
- Email ID
- *****@ceto.ai
- Registered Address
- HOULTS YARD, MAILING EXCHANGE 120,WALKER ROAD,NEWCASTLE UPON TYNE,ENGLAND,NE6 2HL
Key Metrics
Founded Year
2020
Location
Newcastle Upon Tyne, United Kingdom
Stage
Series A
Total Funding
$6.62M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 119 active competitors
Employee Count
10 as on Feb 28, 2025
Legal entities associated with CetoAI
CetoAI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CETO AI LIMITED CIN: 12472339 , United Kingdom, Active | Feb 18, 2020 | - | 10 (As on Feb 28, 2025) |
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CetoAI's funding and investors
CetoAI has raised a total funding of $6.62M over 2 rounds. Its first funding round was on Oct 20, 2023. Its latest funding round was a Series A round on May 01, 2025 for $*****. 4 investors participated in its latest round. CetoAI has 7 institutional investors.
Here is the list of recent funding rounds of CetoAI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 01, 2025 | 7212596 | Series A | 8822577 | 3971303 | 8973952 | 6931648 |
Oct 20, 2023 | 1107537 | Seed | 9316855 | 3417002 |
View details of CetoAI's funding rounds and investors
CetoAI's founders and board of directors
Founder? Claim ProfileThe founders of CetoAI is Tony Hildrew. Tony Hildrew is the CEO of CetoAI.
Here are the details of CetoAI's key team members:
- Tony Hildrew: Founder & CEO of CetoAI. Contact Info: 1 email address
View details of CetoAI's Founder profiles and Board Members
CetoAI's employee count trend
CetoAI has 10 employees as of Feb 25. Here is CetoAI's employee count trend over the years:
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CetoAI's Competitors and alternates
Top competitors of CetoAI include DeepSea, Hefring Marine and Navtor. Here is the list of Top 10 competitors of CetoAI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of artificial intelligence software for maritime vessel performance optimization | $9.15M | 58/100 | ||
2nd | Hefring Marine 2017, Reykjavik (Iceland), Series A | Provider of data-driven vessel monitoring systems for shipping management | $2.39M | 52/100 | |
3rd | CetoAI 2020, Newcastle Upon Tyne (United Kingdom), Series A | Provider of AI-powered vessel performance optimization solutions for the maritime industry | $6.62M | 52/100 | |
4th | Developer of e-navigation and vessel performance solutions for the maritime sector | - | - | 47/100 | |
5th | ioCurrents 2015, Seattle (United States), Series A | Plug-and-play hardware to give alerts about boat over cloud | $5.74M | 43/100 | |
6th | OrbitMI 2019, New York City (United States), Seed | Developer of software for maritime vessel performance, compliance, and data | - | 42/100 | |
7th | THORIUM VMS 2013, Lanham (United States), Unfunded | Provides vessel monitoring solutions | - | - | 39/100 |
8th | Provider of AI and cloud-based vessel performance management solution | - | - | 35/100 | |
9th | Reygar 2012, Bristol (United Kingdom), Acquired | Provider of performance monitoring systems | - | - | 34/100 |
10th | Royal Dirkzwager 1872, Maassluis (Netherlands), Acquired | Provider of vessel monitoring systems | - | - | 34/100 |
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CetoAI's Investments and acquisitions
CetoAI has made no investments or acquisitions yet.
Reports related to CetoAI
Here is the latest report on CetoAI's geography:
News related to CetoAI
Media has covered CetoAI for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
Chaucer and Ceto Launch Lloyd's Marine MGA Integrating Real-Time Vessel DataWebDisclosure•Mar 24, 2026•Tokiomarinekiln, CetoAI, Chaucer
•
Ceto Announces Strategic Partnership with Vertice AIBusiness Wire•Feb 03, 2026•Verticeanalytics, CetoAI
•
Ceto Secures $4.8M to Expand Data-Driven Maritime Insurance ProductGlobal Fintech Series•Apr 30, 2025•CetoAI, Dynamo Ventures, Signal, Motion Ventures and 1 other
•
CetoAI raises £1.5m for predictive analytics techSmart Maritime Network•Oct 20, 2023•CetoAI, Howden Broking, Chaucer, Founders Factory and 1 other
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