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Danelec - About the company

Danelec is an acquired company based in Rudersdal (Denmark), founded in 1995. It operates as a Provider of software solutions for shipping managemnet. Danelec has raised an undisclosed amount in funding. The company has 241 active competitors, including 17 funded and 12 that have exited. Its top competitors include companies like Haven, MariApps and Signal Group.

Company Details

Provider of software solutions for shipping managemnet. It provides users with a company that specializes in delivering efficient product and service solutions to the maritime industry. Offer maritime safety, data collection, and smart shipping solutions.
Website
Social
Key Metrics
Founded Year
1995
Location
Rudersdal, Denmark
Stage
Acquired
Latest Funding Round
Investors
Ranked
3rd among
Employee Count
as on Jun 30, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by (May 05, 2025)
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Danelec's acquisition details

Danelec got acquired by on May 05, 2025 at an acquisition amount of $221M.
Click to take a look at Danelec's acquisition in detail

Danelec's funding and investors

Danelec has raised funding over 3 rounds. Its first funding round was on May 01, 2015. Its latest funding round was a Grant (prize money) round on Nov 30, 2016 for $53K. 1 investor participated in its latest round, which include , EIC Fund, Industri Udvikling and Innovayt.

Danelec has 4 institutional investors including , EIC Fund and .

Here is the list of recent funding rounds of Danelec:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Nov 30, 2016
$53K
Grant (prize money)
2262073
8077059
Jun 01, 2016
$55.9K
Grant (prize money)
6938774
9541717
May 01, 2015
$336K
Grant (prize money)
4230101
5197642
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Danelec's founders and board of directors

Danelec's employee count trend

Danelec has 112 employees as of Jun 22. The total employee count is 273.0% more than what it was in Jun 21. Here is Danelec's employee count trend over the years:
Employee count trend for Danelec
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Danelec's Competitors and alternates

Top competitors of Danelec include Haven, MariApps and Signal Group. Here is the list of Top 10 competitors of Danelec, ranked by ÃØÃÜÑо¿Ëù score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Haven
Haven
2014, San Francisco (United States), Acquired
Software Platform for International Shippers
$19.2M
AITV, DCVCÌý&²¹³¾±è;Ìý
62/100
2nd
Logo for MariApps
MariApps
2014, Singapore (Singapore), Unfunded
Provider of an ERP software and maritime digital solutions for shipping companies
-
-
61/100
3rd
Logo for Danelec
Danelec
1995, Rudersdal (Denmark), Acquired
Provider of software solutions for shipping managemnet
-
, EIC FundÌý&²¹³¾±è;Ìý
54/100
4th
Logo for Signal Group
Signal Group
2014, Athens (Greece), Unfunded
Provider of AI and cloud-based enterprise resource planning software for the marine industry
-
-
53/100
5th
Logo for Seagull
Seagull
1996, Horten (Norway), Acquired
E-learning content for the maritime industry
-
AlpInvest Partners, Herkules CapitalÌý&²¹³¾±è;Ìý
51/100
6th
Logo for Marcura
Marcura
2001, Dubai (United Arab Emirates), Unfunded
Private equity funds focused on shipping industry
-
-
50/100
7th
Logo for PierSight
PierSight
2023, Ahmedabad (India), Seed
Provider of satellite-based security and surveillance analytics platform
$6.6M
Elevation Capital, Alpha Wave GlobalÌý&²¹³¾±è;Ìý
49/100
8th
Logo for Veson Nautical
Veson Nautical
2003, Boston (United States), Late Stage
Provider of software solutions for the maritime industries
-
49/100
9th
Logo for Dataloy Systems
Dataloy Systems
2002, Bergen (Norway), Unfunded
Provider of software for vessel operations
-
-
48/100
10th
Logo for OpenTug
OpenTug
2019, Seattle (United States), Seed
A cloud-based maritime workflow management and cargo shipment services
$5.3M
Entrada Ventures, Stout Street CapitalÌý&²¹³¾±è;Ìý
45/100
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Looking for more details on Danelec's competitors? Click to see the top ones

Danelec's Investments and acquisitions

Danelec has acquired Nautilus Labs. Danelec has not made any investments as of now.

Reports related to Danelec

Here is the latest report on Danelec's sector:
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News related to Danelec

Media has covered Danelec for a total of 6 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
•
SeaNews•May 08, 2025•, Danelec
•
Digital Ship•Nov 16, 2024•Navtor, Danelec
•
Digital Ship•Sep 11, 2024•Danelec, StormGeo
•
Port Technology•Sep 09, 2024•StormGeo, Danelec, Arkasline,
•
Digital Ship•Sep 05, 2024•Danelec
•
Digital Ship•Aug 26, 2024•Danelec
•
Digital Ship•Jun 11, 2024•Danelec
•
PortalPortuario•Dec 03, 2023•Danelec, Nautilus Labs
•
Smart Maritime Network•Nov 24, 2023•Nautilus Labs, Danelec
•
Global Legal Chronicle•Nov 21, 2023•Danelec,
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