Bearing AI
Bearing AI is a Palo Alto-based B2B SaaS company that combines large language models with proprietary maritime datasets to deliver predictive intelligence and decision-support tools for shipping companies, commodity traders, and financial institutions.
- Company typePrivate
- Founded2019
- HeadquartersPalo Alto, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Bearing AI does
Bearing AI (legal entity Bearing, Inc.) is a Palo Alto-based B2B SaaS company founded in 2019 that builds a maritime intelligence platform combining large language models with proprietary maritime datasets. The platform serves three primary customer segments: shipping companies (vessel operators managing fleet performance, fuel, and regulatory compliance), commodity traders (requiring forward-looking freight and vessel availability intelligence), and financial institutions (using maritime market intelligence for risk and investment decisions). Named customers include K Line, IINO Lines, Mitsui & Co., ClassNK, StormGeo, LAB021, and ABB, with Mitsui also acting as a strategic investor.
The product surface comprises interconnected modules including Vessel Availability, Fuel Consumption Prediction, Fleet Response to Demand Change, Port Congestion, Freight Rate Prediction, Fouling Rate Prediction, a CII Optimization Tool (developed 2022 to address IMO Carbon Intensity Indicator regulation), a Cargo Prediction Solution (launched December 2024), and an AI-Powered Planner extended to the tramp shipping segment (July 2024). Users access these capabilities through a natural-language conversational interface that produces explainable, AI-reasoned answers over proprietary vessel, port, and trading-pattern datasets. The architecture combines third-party frontier LLMs with domain-specialized data and reasoning, and is not documented to use proprietary foundation models.
Bearing AI operates an enterprise direct-sales motion with "Request a demo" engagement and quote-based pricing, generating revenue through subscription-based access to its platform. The company has disclosed approximately $10 million in funding across rounds in February 2021 ($3M, AI Fund and Mitsui), August 2022 ($7M, Mitsui and AI Fund), and June 2024 ($83K, Gaingels). It appointed Niels Snog as Chief Commercial Officer in August 2024 to lead commercial expansion, and entered a strategic partnership with StormGeo in June 2025 to embed its intelligence into StormGeo's Voyage Intelligence portfolio.
Bearing AI firmographics
Firmographics- Name
- Bearing AI
- Legal name
- Bearing, Inc.
- Website
- https://bearing.ai
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Bearing AI is a Palo Alto-based B2B SaaS company that combines large language models with proprietary maritime datasets to deliver predictive intelligence and decision-support tools for shipping companies, commodity traders, and financial institutions.
- Ownership category
- akta.pro rank
Where Bearing AI is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Bearing AI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Maritime Intelligence Platform: B2B SaaS platform providing AI-powered maritime insights, predictions, and decision-support tools to shipping companies, commodity traders, and financial institutions. Revenue likely derived from subscription-based access to proprietary data and AI models.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Bearing AI product offering
Product offeringCore offering
Bearing AI provides an LLM-powered maritime intelligence platform that combines frontier AI models with proprietary maritime datasets spanning vessels, ports, and trading patterns. The platform delivers predictive analytics for vessel availability, fuel consumption, freight rates, port congestion, fouling rates, fleet response to demand changes, CII optimization, and cargo prediction. It serves shipping companies, commodity traders, and financial institutions through an enterprise SaaS model.
Product overview
Bearing AI offers a unified maritime intelligence platform powered by large language models that combines proprietary maritime data with AI reasoning capabilities. The platform comprises multiple interconnected modules including Vessel Availability, Fuel Consumption Prediction, Fleet Response to Demand Change, Port Congestion, Freight Rate Prediction, and Fouling Rate Prediction. The platform also includes a Cargo Prediction Solution (launched December 2024) and a CII Optimization Tool (developed 2022). Users access these capabilities through an LLM-powered conversational interface for querying maritime data and receiving explainable, AI-reasoned answers.
Differentiator
Problem solved
Functional benefit
Products and services
- Bearing AI Platform Maritime intelligence platform built on large language models that combines industry-leading models with proprietary data to deliver insights, simulations and decisions for vessel operators, commodity traders, and financial institutions.
- CII Optimization Tool Carbon Intensity Indicator optimization tool designed to assist vessel operators in planning and improving their CII scores in compliance with 2023 regulations.
- Cargo Prediction Solution AI-powered solution for predicting cargo movements and volumes, enabling more accurate voyage planning and optimization.
- AI-Powered Planner for Tramp Shipping AI-powered planner with expanded capabilities for tramp shipping operations.
Companies that use Bearing AI
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles2 records
Bearing AI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature9 records
Bearing AI partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- StormGeocoreStormGeo partnered with Bearing AI to advance AI-driven voyage optimization. StormGeo processes 15-20 terabytes of data daily and integrates Bearing AI's capabilities for vessel performance predictions and AI-driven port analytics. StormGeo also appears as a customer and marketing partner on Bearing AI's website.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Bearing AI competitors and assessment
Company assessmentDirect peers
- Veson Nautical: Veson Nautical's IMOS platform provides voyage management, freight rate management, and commercial shipping analytics — directly overlapping Bearing AI's freight rate, vessel availability, and voyage optimization capabilities for shipping companies and charterers.
- StormGeo: StormGeo provides weather routing and voyage optimization for shipping, and is also a Bearing AI partner/customer — overlapping on AI-driven voyage optimization and serving the same maritime operations buyers.
- Kpler: Kpler offers commodity and maritime market intelligence including vessel tracking, freight flows, and trade analytics — competing with Bearing AI's vessel availability and freight rate prediction features for commodity traders and shipping firms.
- MarineTraffic: MarineTraffic (now part of Kpler) provides AIS-based vessel tracking and maritime data feeds, overlapping with Bearing AI's vessel availability and port congestion capabilities and serving similar shipping and trading audiences.
- Awake.AI: Awake.AI applies AI to port call optimization and logistics coordination, co-listed with Bearing AI in StormGeo's partnership announcement and competing for the same AI-in-maritime-logistics mindshare.
- Clarksons Research: Clarksons Research delivers shipping market intelligence including freight rate data, trade flow analysis, and market reports — directly comparable to Bearing AI's freight rate prediction and market intelligence capabilities for shipping and finance buyers.
Emerging players
- BunkerEx: BunkerEx provides bunker fuel procurement and pricing intelligence, intersecting with Bearing AI's fuel consumption prediction features for vessel operators and bunker buyers in shipping.
- RightShip: RightShip provides maritime ESG and safety ratings plus vetting intelligence — overlapping with Bearing AI's regulatory/ESG-adjacent use cases (CII, fouling, emissions) for shipowners and charterers.
Broad incumbents
- Wärtsilä Voyage: Wärtsilä Voyage is a large established marine technology division offering fleet operations, navigation, and optimization software — competing in the broader maritime digital optimization space that Bearing AI targets.
- ABB Marine & Ports: ABB Marine & Ports offers automation and digital solutions for vessel operations and ports, and is a Bearing AI customer; competes at the broader vessel optimization level while also serving as a reference customer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Bearing AI social profiles
Digital presenceBearing AI financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bearing AI leadership team
Management profileNumber of profiles
Profiles2 records
Bearing AI funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bearing AI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bearing AI
What does Bearing AI do?
Bearing AI provides an LLM-powered maritime intelligence platform that combines frontier AI models with proprietary maritime datasets spanning vessels, ports, and trading patterns. The platform delivers predictive analytics for vessel availability, fuel consumption, freight rates, port congestion, fouling rates, fleet response to demand changes, CII optimization, and cargo prediction. It serves shipping companies, commodity traders, and financial institutions through an enterprise SaaS model.
Is Bearing AI a public or private company?
Bearing AI is a private company. It is classified as venture growth investor backed and is currently operating.
When was Bearing AI founded?
Bearing AI was founded in 2019. It employs 11 to 50 people.
Where is Bearing AI based?
Bearing AI is headquartered in Palo Alto, United States, in the North America region.
How does Bearing AI make money?
One revenue line is on record: maritime Intelligence Platform.
Who are Bearing AI's main competitors?
Direct peers on record are Veson Nautical, StormGeo, Kpler, MarineTraffic, Awake.AI and Clarksons Research. Emerging players are BunkerEx and RightShip. Broad incumbents are Wärtsilä Voyage and ABB Marine & Ports.
Does Bearing AI have an API?
No public API is recorded for Bearing AI.