Enqlare Secures $500,000 Funding Round Led by Motion Ventures to Accelerate Maritime Industry Transformation

January 12, 2024

Enqlare Secures $500,000 Funding Round Led by Motion Ventures to Accelerate Maritime Industry Transformation

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Enqlare AB, a leading provider of innovative maritime software solutions, has today announced the successful completion of a $500,000 funding round led by Motion Ventures. The investment will drive Enqlare's expansion plans, encompassing product development, sales and marketing initiatives, and the addition of key personnel to support its rapid growth.

“We are thrilled to welcome Motion Ventures as our partner in this exciting chapter of Enqlare's journey,” stated Anders Carlsson, CEO of Enqlare. “Their deep understanding of the maritime industry and expertise in driving SaaS growth aligns perfectly with our vision to transform how businesses operate within this sector.”

Enqlare is disrupting the maritime industry landscape with innovative software that optimizes insight, collaboration, and automation for bulk freight workflows. A pioneer in the maritime SaaS space, Enqlare is empowering businesses to optimize their Laytime, Port Calls and Shipments operations by facilitating collaboration and data-driven decision-making. The company's modular solution provides a seamless experience for commodity freight buyers, port agents, and maritime service providers, offering automation, clarity, and data-driven insights to enhance operational efficiency and decision-making.

“We can see that Enqlare is committed to providing innovative solutions to a global customer base, and we want to support them in their mission to empower businesses to achieve operational excellence and drive business growth.” says Motion Ventures' Shaun Hon.

Learn more about how Enqlare with this funding in place is poised to expand its product and customer offering, addressing the needs of fast-evolving maritime supply chains.

Contact:

Anders Carlsson

CEO Enqlare AB

Visit: https://www.enqlare.com/

anders.carlsson@enqlare.com

073-262 75 66

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