Sofar Ocean - About the company
Sofar Ocean is a series B company based in San Francisco (United States), founded in 2012 by Evan Shapiro and Tim Janssen. It operates as a Provider of marine weather forecasts and ocean condition monitoring solutions. Sofar Ocean has raised $75.2M in funding from investors like Union Square Ventures, True Ventures and Craft Ventures. The company has 29 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like i4sea, Pontosense and Aanderaa.
Company Details
Provider of marine weather forecasts and ocean condition monitoring solutions. The company offers platforms for voyage optimization, marine sensing, and real-time ocean data. These platforms support maritime shipping, marine research, and sustainable commercial solutions. The company’s offerings include voyage simulation, optimization, and reporting, as well as tools for monitoring sound, water quality, water level, temperature, and currents.
- Website
- www.sofarocean.com/
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Series B
Total Funding
$75.2M in 8 rounds
Latest Funding Round
Investors
Ranked
1st among 29 active competitors
Employee Count
106 as on Apr 30, 2026
Legal entities associated with Sofar Ocean
Sofar Ocean is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SOFAR OCEAN TECHNOLOGIES, INC. CIN: 5988767_ , United States, Active | Mar 14, 2016 | - | - | - |
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Sofar Ocean's funding and investors
Sofar Ocean has raised a total funding of $75.2M over 8 rounds. Its first funding round was on Jul 03, 2013. Its latest funding round was a Grant (prize money) round on Apr 14, 2025 for $*****. 1 investor participated in its latest round. Sofar Ocean has 12 institutional investors.
Here is the list of recent funding rounds of Sofar Ocean:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 14, 2025 | 3473031 | Grant (prize money) | 2057356 | 2920870 | 7273529 | 9615866 |
Apr 04, 2025 | 4678859 | Grant (prize money) | 9026187 | 3077322 | 2619319 | |
Nov 22, 2024 | 2555344 | Series B | 1350514 | 4192870 | 5645638 | 8149204 |
View details of Sofar Ocean's funding rounds and investors
Sofar Ocean's founders and board of directors
Founder? Claim ProfileThe founders of Sofar Ocean are Evan Shapiro and Tim Janssen. Tim Janssen is the CEO of Sofar Ocean.
Here are the details of Sofar Ocean's key team members:
- Evan Shapiro: Co-Founder & CTO of Sofar Ocean and founder of 1 other company. Contact Info: 1 email address
- Tim Janssen: Co-Founder & CEO of Sofar Ocean.
View details of Sofar Ocean's Founder profiles and Board Members
Sofar Ocean's employee count trend
Sofar Ocean has 106 employees as of Apr 26. Here is Sofar Ocean's employee count trend over the years:
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Sofar Ocean's Competitors and alternates
Top competitors of Sofar Ocean include i4sea, Pontosense and Aanderaa. Here is the list of Top 10 competitors of Sofar Ocean, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sofar Ocean 2012, San Francisco (United States), Series B | Provider of marine weather forecasts and ocean condition monitoring solutions | $75.2M | 67/100 | |
2nd | Provider of weather forecasting software for the marine industry | $6.32M | 50/100 | ||
3rd | Pontosense 2021, Toronto (Canada), Series A | Developer of sensor and AI technology for risk and wellness detection | $4.36M | 36/100 | |
4th | Oceanographic and environmental measurement solutions provider, ensuring data quality and reliability | - | 35/100 | ||
5th | Buoyweather 1999, Huntington Beach (United States), Unfunded | Provides marine weather forecast and charts | - | - | 34/100 |
6th | SeaStory300 2015, Seoul (South Korea), Unfunded | Provides ocean weather information for ships and ports | - | - | 32/100 |
7th | Red Sky WX 2019, Reston (United States), Deadpooled | Application for real-time weather forecasting | - | - | 31/100 |
8th | Optimum Voyage 2016, Copenhagen (Denmark), Funding Raised | Provider of weather forecasting platform for vessels | - | 30/100 | |
9th | Precision Sensors 1967, Milford (United States), Acquired | Developer of precision sensors | - | - | 29/100 |
10th | CustomWeather 1999, United States, Unfunded | Online content creation platform providing global weather coverage | - | - | 28/100 |
Looking for more details on Sofar Ocean's competitors? Click here to see the top ones
Sofar Ocean's Investments and acquisitions
Sofar Ocean has made no investments or acquisitions yet.
Reports related to Sofar Ocean
Here is the latest report on Sofar Ocean's sector:
News related to Sofar Ocean
Media has covered Sofar Ocean for 1 event in last 1 year, It was about company updates.
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MITRE, Sofar Ocean to Develop Marine Technology Connectivity StandardExecutiveBiz•Mar 17, 2025•MITRE, Sofar Ocean
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Berge Bulk adopts Sofar's Wayfinder across fleet to bolster decarbonisation strategyPR Newswire•Aug 13, 2024•Bergebulk, Sofar Ocean
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MOL uses Sofar’s ocean sensor based system to reduce fuel 6%Digital Ship•Jul 31, 2024•Mitsui OSK Lines, Sofar Ocean
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Sofar Ocean Secures $39M in Series B FundingFinSMEs•Nov 02, 2021•Sofar Ocean, Union Square Ventures, Foundry Group
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Sofar Ocean Live Data Platform Now Covers Half the World's OceansPR Newswire•Dec 18, 2020•Sofar Ocean
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Ocean drone startup merger spawns Sofar, the DJI of the seaTechCrunch+•Mar 27, 2019•Sofar Ocean, OpenROV, Spoondrift
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