What Syroco does

Syroco is a Marseille, France-based maritime climate tech company that builds AI-powered voyage optimisation software for commercial shipping. Its core platform combines ship-specific digital twins, high-fidelity weather and met-ocean data (sourced via partnership with Spire's satellite constellation), and physics-based simulation with multi-objective genetic algorithms (developed with Theyr and academic partners at the University of Southampton and Alan Turing Institute) to compute optimal routes, speeds, and ship configurations in minutes. The product family comprises Syroco EfficientShip (the underlying digital-twin platform), Syroco Live (the real-time voyage optimisation SaaS used by crews and operations teams), and Syroco Onwatch (a 24/7 managed monitoring and decision-support service). Syroco sells to global shipping companies and fleet operators - spanning tankers, LNG, LPG, chemical, Ro-Ro, container, and heavy-lift segments - via a direct enterprise field-sales motion with regional offices in Hamburg, Athens, London, Oslo, and Marseille. Reported customer outcomes include average fuel savings of 10% per voyage without time penalty, with up to 21% savings when combined with wind-assistance technologies such as Norsepower rotor sails and bound4blue suction sails.

The company operates a per-vessel subscription SaaS model with negotiated enterprise pricing tied to fleet size, complemented by the Syroco Onwatch managed service. Revenue is generated primarily from subscription contracts negotiated directly with fleet operators and shipowners; no public pricing exists. The go-to-market is high-touch: country managers and a VP of Sales handle enterprise deals, with personalised demos, dedicated onboarding sessions for captains and bridge crews, and ongoing account management. Syroco serves 100+ vessels across named customers including CMA CGM, TotalEnergies, Louis Dreyfus Company, Odfjell, Socatra, Geogas, Knutsen LNG France, Marfret, Qatargas, Hafnia, Oldendorff, BBC Chartering, Exmar, GasChem, Solvang, PONANT, and others, with multiple fleetwide deployments achieved in 2025-2026.

The company has raised approximately EUR 10 million (roughly $12 million) cumulatively across a 2020 seed, a 2023 EUR 3M round, and a late-2024 EUR 7.5M Series A led by impact investors Alter Equity and Blue Forward Fund. Headcount is 11-50 employees. The company has been recognised on the Thetius Top 150 Most Innovative Companies in Maritime list in both 2024 and 2025. Strategic priorities evident in 2024-2026 include geographic expansion across European maritime hubs, integration with wind-propulsion OEMs (Norsepower, bound4blue) to capture the wind-assisted propulsion ROI-measurement use case, and embedding regulatory compliance (CII, EU ETS, FuelEU Maritime) as native optimisation objectives within the routing engine.

Name

Syroco

Legal name

Syroco

Website

https://syro.co

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Syroco is a Marseille-based climate tech company that builds AI-powered voyage optimisation software using ship-specific digital twins and physics-based simulation to help commercial shipping fleets cut fuel consumption by an average of 10% per voyage while supporting regulatory compliance.

Ownership category

akta.pro rank

Product category

Maritime Voyage Optimisation Software

NAICS

Navigational Services to Shipping (488330), Deep Sea, Coastal, and Great Lakes Water Transportation (48311), Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400)

akta.pro primary industry

Fleet Lifecycle Management (Acquisition-to-Disposal) (TLABAIAA)

Keywords

• Maritime voyage optimization
• Ship digital twin
• Weather routing software
• Fuel consumption reduction
• Maritime emissions compliance

Headquarters

HQ city

Marseille

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Software as a Service (SaaS) - Voyage Optimisation Platform: Syroco Live is a SaaS platform delivered as a subscription to shipping companies. The platform is deployed on vessels and provides ongoing voyage optimisation services. Contracts are negotiated directly with fleet operators, and the revenue model is subscription-based with pricing tied to fleet size or number of vessels. Additional revenue comes from the Syroco Onwatch monitoring service which complements the software platform.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Syroco builds and sells an AI-powered voyage optimisation SaaS platform for commercial shipping. Its core product Syroco Live combines ship-specific digital twins, Spire satellite weather data and Theyr's genetic-algorithm optimisation engine to deliver real-time routing, speed and configuration recommendations that reduce fuel consumption by an average of 10% per voyage. The offering is complemented by Syroco Onwatch, a 24/7 human-assisted voyage monitoring and decision-support service for captains and fleet operations.

Product overview

Syroco offers a unified maritime voyage optimization platform centered on its digital twin technology. The core offering consists of Syroco EfficientShip (the underlying digital twin platform that combines physics-based models with AI and machine learning), Syroco Live (the primary voyage optimization product that delivers real-time routing recommendations to crews), and Syroco Onwatch (a 24/7 monitoring and assistance add-on service). The platform integrates high-fidelity weather data and uses AI algorithms to compute optimized routes, delivering average 10% fuel savings per voyage while supporting regulatory compliance with CII, EU ETS, and FuelEU Maritime.

Differentiator

Problem solved

Functional benefit

Brands

• Syroco Live: AI-powered voyage optimisation and weather routing platform that provides real-time routing recommendations for ships using digital twin technology.
• Syroco Onwatch
• Syroco EfficientShip

Products and services

• Syroco Live AI-powered voyage optimisation SaaS platform that uses ship-specific digital twins, Spire satellite weather data and Theyr genetic-algorithm optimisation to deliver real-time routing, speed and ship-configuration recommendations to vessel crews. Delivers an average 10% fuel savings per voyage without increasing voyage time and supports CII, EU ETS and FuelEU Maritime compliance.
• Syroco Onwatch 24/7 managed voyage monitoring and decision-support service offering pre-voyage briefings, real-time weather alerts, route-adjustment assistance and post-voyage performance analysis for captains and fleet operations teams. Complements the Syroco Live SaaS platform.
• Syroco EfficientShip Digital twin platform that fuses physics-based models (CFD, parametric) with machine-learning recalibration using onboard IoT sensor data to simulate vessel behaviour under different design, operational and environmental conditions. Underpins the Syroco Live voyage optimisation offering.

Quantifiable outcome

• 10% average fuel savings per voyage (across all vessel types)
• +7 more outcomes

Named customers27 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature8 records

Partnerships

Ten partnerships are on record, tiered industry advocacy, data partnership, core technology, product integration, flagship partnership and industry ecosystem.

• Armateurs de Franceindustry advocacyGTM or Marketing Partner · 8 July 2025Syroco joined Armateurs de France as an associate member. This membership marks a milestone in Syroco's commitment to the French maritime industry, enabling active contribution to discussions on innovation, energy transition, and decarbonisation, and working closely with French shipowners.
• INTERTANKOindustry advocacyGTM or Marketing Partner · 24 April 2025Syroco joined INTERTANKO (International Association of Independent Tanker Owners) as an Associate Member. This membership enables Syroco to actively contribute to INTERTANKO's technical committees and working groups, sharing knowledge and developing solutions aligned with the tanker industry's sustainability goals.
• Hoppe Marinedata partnershipTechnology or Integration · 6 March 2025Syroco partners with Hoppe Marine, a provider of digital solutions and sensor technology for the maritime sector, to leverage real-time vessel data for improved digital twin accuracy. Hoppe's Performance Monitoring Platform provides seamless API access to operational sensor data that is fed in real-time to the Syroco Live platform, enhancing simulation accuracy and voyage optimisation recommendations.
• Spirecore technologyTechnology or Integration · 12 October 2023Syroco partners with Spire, a global provider of space-based data, analytics and services, to integrate Spire Weather's high-quality metocean (weather and sea conditions) data into the Syroco EfficientShip/Syroco Live platform. Spire uses a proprietary constellation of 100+ multipurpose satellites with radio occultation technology to capture precise atmospheric measurements, delivering the most accurate open-ocean weather forecasts available. Spire's data is ranked #1 for open ocean forecast accuracy by PredictWind.
• Theyrcore technologyTechnology or Integration · 12 October 2023Syroco partners with Theyr, a technology company specialising in AI voyage optimisation, to integrate their state-of-the-art multi-objective performance optimisation algorithms into Syroco Live. Theyr's genetic algorithm routing engine is the first AI-based multi-objective optimisation engine for the shipping industry, capable of simultaneously optimising for time, fuels, and emissions. The algorithms result from a decade of academic research from the University of Southampton and the Alan Turing Institute.
• bound4blueproduct integrationTechnology or IntegrationSyroco integrates with bound4blue's eSAIL suction sail technology in its digital twins. Syroco has specific models for bound4blue's eSAIL systems included in the vessel digital twin, enabling route optimisation that accounts for the specific energy needs and propulsive power created by the wind devices, and measuring the specific savings brought by the sails to confirm ROI of the installation.
• Norsepowerflagship partnershipStrategic or Co-development PartnerNorsepower, provider of Rotor Sails wind propulsion systems, partnered with Syroco for combined energy efficiency solutions on merchant vessels. Joint deployment on Socatra's tanker Alcyone validated combined fuel savings of up to 21% per voyage, with the companies planning further joint deployments to meet maritime decarbonisation goals.
• Wisby Tankersproduct integrationTechnology or IntegrationWisby Tankers operates MV Atlantic Orchard, which was equipped with four bound4blue eSAIL systems and deployed Syroco Live to assess wind propulsion performance. Syroco's platform quantifies fuel and emissions savings from the wind assistance system on this vessel.
• Norwegian Shipping & Offshore Network (NSON)industry ecosystemGTM or Marketing PartnerSyroco joined NSON to participate in the collaborative push toward a sustainable maritime future in Norway and the broader Nordic maritime ecosystem.
• Maritime Oslofjord Allianceindustry ecosystemGTM or Marketing PartnerSyroco joined Maritime Oslofjord Alliance to actively participate in the collaborative push toward a sustainable maritime future in Norway.

Scale indicators14 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Nautilus Labs: US-based maritime voyage optimization and fleet performance platform serving tanker, bulker, and container fleets. Most directly comparable to Syroco on B2B SaaS voyage optimization for commercial shipping, with similar value proposition around fuel savings and emissions reductions.
• StormGeo (Alfa Laval): Norwegian weather routing and voyage optimization vendor now owned by Alfa Laval. Direct competitor in ship route optimization with established global shipping customer base; competes with Syroco on weather-driven fuel savings for commercial vessels.
• ZeroNorth: Copenhagen-based maritime vessel optimization platform providing voyage optimization, bunker optimization, and vessel performance analytics. Direct competitor in maritime SaaS with overlapping customer base of European shipping companies and similar decarbonization value proposition.
• Marorka (Mitsubishi Heavy Industries): Icelandic energy efficiency monitoring and voyage optimization provider for shipping, now part of Mitsubishi. Direct competitor in ship performance monitoring, fuel consumption tracking, and emissions optimization for commercial vessels.

Broad incumbents

• ABB Marine & Ports: Global industrial conglomerate's marine division offering vessel automation, propulsion, and digital solutions including voyage advisory software. Broad incumbent that competes with Syroco as part of a wider portfolio of ship equipment and digital services to shipyards and shipowners.
• Wärtsilä Smart Ship: Finnish marine technology major providing smart vessel solutions including route optimization, engine performance, and lifecycle services. Broad incumbent competing with Syroco through integrated ship systems rather than specialized voyage optimization software.

Emerging players

• OrbitMI: US-based maritime AI platform providing real-time voyage optimization, predictive analytics, and fleet performance management. Competes in the same AI-driven voyage optimization niche with a comparable focus on continuous voyage decision support.
• Veson Nautical: Maritime freight management and shipping operations software provider serving charterers, shipowners, and operators. Adjacent competitor in maritime operational software serving overlapping shipping customers, but focused on commercial/contract management rather than voyage performance optimization.

Others

• Kpler: Maritime commodity intelligence and shipping analytics platform serving commodity traders, shipowners, and charterers. Comparable as a maritime data/analytics platform serving similar shipping customers, but focused on commercial intelligence rather than operational voyage optimization.
• Spire Maritime: Maritime division of Spire Global, providing space-based weather, AIS, and ocean data. Currently a partner providing weather data to Syroco but also offers its own maritime data services to shipping customers, making it an adjacent enabling technology player.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/SyrocoLab
• Facebookfacebook.com/SyrocoLab
• LinkedInlinkedin.com/company/syroco

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Syroco