MarineLabs Data Systems Inc

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MarineLabs Data Systems Inc - overview

Established

2017

Location

Victoria, BC, Canada

Primary Industry

Software

About

Founded in 2017 and based in British Columbia, Canada, MarineLabs Data Systems Inc focuses on providing coastal intelligence and maritime safety through its sensor network technology. The company was founded by its CEO, Scott Beatty. In March 2024, MarineLabs raised USD 4. 5 million in seed funding, led by BDC Capital and Seaspan ULC.


The company provides MarineLabs, an AI-powered meteorological intelligence and data solution that helps people make safer and more informed marine decisions. The firm provides real-time insights about maritime safety, efficiency, and climate resilience. MarineLabs' primary product, CoastAware™, is suited for a varied variety of users, including port authorities, vessel pilots, and coastal engineers. It provides real-time coastal intelligence critical for optimizing operations and boosting safety.


CoastAware™ gives crucial weather data for vessel pilots to improve navigational safety, reliability, and efficiency, as well as data for coastal engineers to use in modelling, reporting, and infrastructure design.   The organization plans to use the March 2024 funding to accelerate product development, expand market reach, and strengthen its position.


Current Investors

BDC Capital, Seaspan ULC, Pacific Economic Development Canada

Primary Industry

Software

Sub Industries

Marine, Analytics & Performance Software

Website

www.marinelabs.io/

Verticals

Artificial Intelligence, Big Data, Big Data, Cloud Computing, IoT (Internet of Things)

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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