Rutter Inc.
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Rutter Inc. - overview
Established
1937
Location
St. John's, NL, Canada
Primary Industry
Software
About
Rutter Inc. provides advanced radar technologies focused on marine safety, security, and environmental monitoring, offering innovative solutions to enhance maritime operations globally. Founded in 1937 in St. John's, Canada, Rutter Inc.
specializes in developing radar technologies for the marine industry. The founders, Eric Yu and Peter Zhou, have been instrumental in driving the company's focus on enhancing maritime safety. Currently led by CEO Blair Wheaton and Peter Zhou, the company has evolved its strategies to address the changing demands of maritime operations. Rutter has maintained a singular focus on its radar products and technologies since its inception.
Rutter Inc. specializes in advanced radar technologies aimed at enhancing marine safety, security, and environmental monitoring. Central to their product suite is the sigma S6 Radar Processing Suite, which integrates with existing marine x-band radar systems to extend detection ranges and improve situational awareness. This suite includes applications such as Current Monitor™, Ice Navigator™, Oil Spill Detection, Small Target Surveillance, WaMoS® II, and WaveSignal™, each designed to address specific maritime challenges.
For instance, the sigma S6 Oil Spill Detection significantly enhances response capabilities by providing real-time data about oil spill characteristics, while the Ice Navigator facilitates safe navigation in ice-prone waters. Their technologies are deployed globally, serving a diverse client base that includes coast guard agencies, offshore oil and gas companies, research institutions, and maritime security organizations across regions such as North America, Europe, and Asia. Rutter Inc. generates revenue through direct sales of its sigma S6 product suite, alongside ongoing support and service agreements with clients.
Their transactional structure primarily involves B2B relationships, where the company collaborates with maritime authorities, shipping companies, and environmental agencies that require enhanced radar capabilities for operations. Revenue is derived from both one-time purchases of the radar technology and subscription-based models for ongoing data analytics and system support. Rutter’s flagship products, such as the Oil Spill Detection and Ice Navigator, are typically sold as part of comprehensive packages tailored to the specific needs of maritime operators. These tailored solutions ensure that clients have access to the latest advancements in radar technology while enabling Rutter to maintain a continuous revenue stream through long-term service contracts.
Primary Industry
Software
Sub Industries
Monitoring & Security Software
Website
www.rutter.ca
Total Amount Raised
Subscriber access only
Rutter Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Hinz Automation, Inc. | - |
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