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ioCurrents - About the company

ioCurrents is a series A company based in Seattle (United States), founded in 2015 by Cosmo King, Bhaskar Bhattacharyya and Bhaskar Bhattacharya. It operates as a Plug-and-play hardware to give alerts about boat over cloud. ioCurrents has raised $5.74M in funding from Imagen Capital Partners and Bellingham Angel Investors. The company has 127 active competitors, including 12 funded and 12 that have exited. Its top competitors include companies like DeepSea, Navtor and CetoAI.

Company Details

ioCurrents created a plug-and-play hardware solution with internet connection linking the boat's existing systems to the outside world. The ioCurrents Cloud Services sends alerts regarding any critical problems to the boat. The hardware contains on-board sensors and ports for standard marine networks and engines. It can be used for fleet monitoring, easy maintenance, real-time tracking, and more.
Social
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Email ID
*****@iocurrents.com
Key Metrics
Founded Year
2015
Location
Seattle, United States
Stage
Series A
Total Funding
$5.74M in 4 rounds
Latest Funding Round
Ranked
Employee Count
8 as on Jul 31, 2026
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ioCurrents's funding and investors

ioCurrents has raised a total funding of $5.74M over 4 rounds. Its first funding round was on May 24, 2016. Its latest funding round was a Series A round on Apr 04, 2019 for $*****. 1 investor participated in its latest round. ioCurrents has 2 institutional investors.

Here is the list of recent funding rounds of ioCurrents:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 04, 2019
4053517
Series A
9958789
9709137
3343511
6238409
Sep 20, 2018
4956025
Series A
1854750
6980004
6985973
4867688
Jun 13, 2018
3437339
Series A
8013274
7145202
6209287
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ioCurrents' founders and board of directors

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The founders of ioCurrents are Cosmo King, Bhaskar Bhattacharyya and Bhaskar Bhattacharya.
Here are the details of ioCurrents' key team members:

ioCurrents' employee count trend

ioCurrents has 8 employees as of Jul 26. Here is ioCurrents's employee count trend over the years:
Employee count trend for ioCurrents
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ioCurrents's Competitors and alternates

Top competitors of ioCurrents include DeepSea, Navtor and CetoAI. Here is the list of Top 10 competitors of ioCurrents, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for DeepSea
DeepSea
2017, Athens (Greece), Acquired
Developer of artificial intelligence software for maritime vessel performance optimization
$9.15M
67/100
2nd
Logo for Navtor
Navtor
2012, Egersund (Norway), Acquired
Developer of e-navigation and vessel performance solutions for the maritime sector
-
-
52/100
3rd
Logo for CetoAI
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
Logo for Hefring Marine
Hefring Marine
2017, Reykjavik (Iceland), Series A
Provider of data-driven vessel monitoring systems for shipping management
$2.39M
51/100
5th
Logo for ioCurrents
ioCurrents
2015, Seattle (United States), Series A
Plug-and-play hardware to give alerts about boat over cloud
$5.74M
43/100
6th
Logo for SmartshipHub
SmartshipHub
2019, Singapore (Singapore), Seed
Developer of a digital platform for maritime fleet performance optimization
$2.5M
42/100
7th
Logo for OrbitMI
OrbitMI
2019, New York City (United States), Seed
Developer of software for maritime vessel performance, compliance, and data
-
41/100
8th
Network of maritime sensors providing real-time vessel tracking and intelligence
$48.6M
40/100
9th
Logo for THORIUM VMS
THORIUM VMS
2013, Lanham (United States), Unfunded
Provides vessel monitoring solutions
-
-
39/100
10th
Logo for Sea
Sea
2018, Blenheim (New Zealand), Seed
Provider of vessel management software focused on simplifying vessel operations
$1.77M
35/100
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ioCurrents's Investments and acquisitions

ioCurrents has made no investments or acquisitions yet.

Reports related to ioCurrents

Here is the latest report on ioCurrents's sector:

News related to ioCurrents

lockFilter this list
•
•
William Roberts announced as ioCurrents CEODigital Ship•Jan 18, 2023•ioCurrents, Foss
•
ioCurrents and Rose Point PartnerMarinelink•May 16, 2022•ioCurrents, Rose Point
•
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ioCurrents to offer KVH Watch connectivityDigital Ship•Dec 17, 2020•ioCurrents, KVH
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