Public / DevelopingActiveVendor

Sea

Category
Chartering / Contract / Emissions Software

Technology Score

Score Pending

A Technology Score publishes only when at least four scored dimensions are supported by Level 3+ evidence, including Market Adoption or Customer Evidence.

Momentum

Not assessed

Evidence Confidence

Not assessed

7 approved evidence records

What it does

Commercial-shipping software platform for chartering, fixture and contract management, compliance and emissions workflows.

Sea has consolidated several established chartering products into a unified workflow platform, giving it meaningful historical penetration in freight contracting. Its next phase is broader integration of chartering, compliance and emissions data rather than simply digitizing recap and charterparty documentation.

Watch itemCurrent fixture volume, customer retention and adoption of newer compliance modules.

Key metrics

Dated snapshots. Historical values are retained, never overwritten.

Key Metric

37,500 annualized fixtures (2022 snapshot)

Evidence not recorded

Key Metric

Fortescue emissions workflow customer

Evidence not recorded

Key Metric

Chinsay + MarDocs integrated

Evidence not recorded

Products & capabilities

  • Contract ManagementProduct

    Charterparty and recap workflows; distinct from Sea marketplace and custom-development services.

  • Custom Software Development (Setapp lineage)Service / business stream

Customers, deployments & partners

Partnership, pilot, trial and deployment are distinct states and are never merged. Deployment scope comes from the cited evidence.

IMI

Contract Management; organisation-wide scope not stated

CustomerProduction deploymentContract ManagementNamed Customer Quote
BIMCO

Expanded relationship: BIMCO-standard contract controls in fixture workflow

PartnerAnnounced partnershipContract ManagementCompany + Industry Association Confirmed

Ownership & investors

Acquisitions made

SetappAcquisitionNovember 2022

Funding rounds

Each round is dated and sourced. Totals are never summed from unverified figures.

No funding rounds recorded.

Competitors

No competitor relationships recorded.

Company timeline

  1. Partnership · September 2026

    Sea and BIMCO bring standard contract controls into fixture workflow

  2. Other · August 2023

    Sea integrates Setapp brand as custom software business stream

  3. Ownership · November 2022

    Acquisition of Setapp

Evidence & sources

Every material claim above traces back to one of these records.

Level 4Acquirer ConfirmedAs of 2022-11 to 2023-08

Sea acquired Setapp in November 2022 and integrated the Setapp brand into Sea in August 2023 as a custom software development business stream.

Source: Sea — Acquisition / Integration

Level 3Company + Industry Association ConfirmedAs of 2026-09

Sea and BIMCO expanded their relationship in September 2026 to bring BIMCO-standard contract controls closer to fixture negotiation workflows.

Source: Sea — Partnership / Product Event

Level 3Named Customer QuoteAs of 2026-09

IMI publicly states Sea Contract Management improved contract management, approval efficiency and governance.

Source: Sea — Product / Contract Management

Level 2Company PrimaryAs of 2026-09

Sea Contract Management supports charterparty and recap workflows and is positioned for charterers, brokers and operators.

Source: Sea — Product / Contract Management

Level 2Company ReportedAs of 2026

Sea provides digital freight negotiation and contract-management workflows for shipping and should be modeled at product/capability level rather than as a generic shipping-software company.

Source: sea.live — Sea provides digital freight negotiation and contract-management workflows for s

Level 2Company ReportedAs of 2026-09-29

Sea has sufficient established product identity in freight negotiation/commercial workflow to publish a profile while ownership and measurable adoption remain explicit gaps.

Source: sea.live — Sea provides digital freight negotiation and contract-management workflows for s

Level 2Company ReportedAs of 2026

Sea's platform focuses on digital freight negotiation, fixture/contract workflow and commercial-shipping processes.

Source: sea.live — Sea provides digital freight negotiation and contract-management workflows for s

Last verified: not recorded · Profile state: Public / Developing