Prosmar
Prosmar Risk AS is a Norwegian SaaS provider, founded in 2013, offering modular risk management and regulatory compliance software — including VaR, EU ETS, and FuelEU Maritime modules — to enterprise bulk commodity and freight trading companies globally.
- Company typePrivate
- Founded2013
- HeadquartersLysaker, Norway
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Prosmar does
Prosmar Risk AS, founded in 2013 and headquartered in Lysaker, Norway, is a specialist provider of SaaS business intelligence and risk management software for bulk commodity and freight trading companies. Its core offering, the Prosmar Risk System, is a web-based platform that integrates with all major Vessel Management Systems (VMS) to aggregate fleet positions, bunker exposures, FFA trades, and carbon allowances into a single risk environment. The platform is built as a modular architecture, with add-on modules covering hedge inventory linking and invoicing (Hedge Manager), VMS data ingestion and cleansing (Data Center with 170+ predefined functions), mark-to-market and custom curve reporting, regional peg-adjusted geographical exposure (World Map & Pegs), Monte Carlo-based Value at Risk, and a newly introduced Data Lake that captures daily position snapshots for price/volume decomposition and risk-adjusted performance analytics (Sharpe, Treynor, VaR vs Returns).
Regulatory compliance is a central pillar of the product strategy. The EU ETS Module automates EUA allocation across voyages and reduces operator workload by 10-15 minutes per voyage; the FuelEU Maritime System provides end-to-end FuelEU compliance with a pooling marketplace for multi-company pooling; and the FuelEU Maritime Pooling Framework, developed with Norwegian law firm Thommessen in early 2025, supplies a legally validated contract structure for participants in those pools. Underlying integrations include plug-and-play APIs that export VaR and data lake analytics to internal systems and an IMOS commodity trade integration.
Prosmar operates a direct enterprise sales model with a 'Book a Demo' funnel, serving named customers such as Hafnia, Pacific Basin, Norvic, Thoresen, Maersk Tankers, ClipperBulk, and WesternBulk. Revenue is generated through subscription-based SaaS contracts (pricing undisclosed), and the company achieved SOC2 Type 1 certification in June 2024. Ownership appears founder/management-led with no disclosed external funding rounds, and headcount is reported in the 11-50 range.
Prosmar firmographics
Firmographics- Name
- Prosmar
- Legal name
- Prosmar Risk AS
- Website
- https://prosmar.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Prosmar Risk AS is a Norwegian SaaS provider, founded in 2013, offering modular risk management and regulatory compliance software — including VaR, EU ETS, and FuelEU Maritime modules — to enterprise bulk commodity and freight trading companies globally.
- Ownership category
- akta.pro rank
Prosmar industry classification
Industry- Product category
- Maritime Risk Management Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Prudential & Market Risk Management (VaR, Stress, Limits) (FSACAJAF)
Keywords
Where Prosmar is headquartered
LocationHeadquarters
- HQ city
- Lysaker
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Prosmar business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- SaaS Subscription: Business intelligence software as a service delivered via web browser. Subscription-based model providing access to the Prosmar Risk System and its various modules including Hedge Manager, EU ETS, FuelEU Maritime, VaR, and Reporting.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Prosmar product offering
Product offeringCore offering
Prosmar sells the Prosmar Risk System, a web-based SaaS platform for maritime and freight trading companies that automates data ingestion from Vessel Management Systems and delivers risk portfolio reporting, Value at Risk (VaR) calculations, hedge performance tracking, and regulatory compliance modules for EU ETS and FuelEU Maritime. The platform is offered as a subscription, accessible via browser, with plug-and-play APIs that integrate with existing enterprise systems.
Product overview
Prosmar offers a SaaS-based maritime risk management platform called the Prosmar Risk System, built as a modular architecture with a core platform providing automated risk reports and real-time insights for freight, bunker, and carbon risk management. The system comprises multiple integrated modules: Hedge Manager for automated trade and hedge linking; Development Reporting for portfolio history; Data Center for VMS integration and data management; Reporting for customizable mark-to-market analysis; World Map & Pegs for geographical visualization; VaR for Monte Carlo risk simulations; and Operational Analysis for business intelligence. Additional specialized compliance modules include the FuelEU Maritime System with pooling marketplace, the FuelEU Maritime Pooling Framework (legal structure), and the EU ETS Module for emissions trading compliance. The Data Lake captures daily position snapshots enabling price/volume effect breakdown and risk-adjusted performance analytics.
Differentiator
Problem solved
Functional benefit
Products and services
- Prosmar Risk System Market-leading maritime risk management SaaS platform that integrates risk management into daily shipping and freight trading operations with automated reports, real-time insights, and support. Provides freight, bunker, and carbon risk management for enterprise shipping and trading companies.
- FuelEU Maritime System End-to-end FuelEU Maritime compliance solution with verified emissions data connection, management dashboard, pooling marketplace for price discovery, and centralized pool administration tools for shipping operators and pool managers.
- EU ETS Module EU Emissions Trading System compliance module that tracks ETS exposure, links EUAs to voyages, time charters, and forward contracts, and provides audit trail and accounting compliance for shipping operators.
Quantifiable outcome
- Reduces operator workload by 10-15 minutes per voyage for EU ETS compliance
- +1 more outcomes
Companies that use Prosmar
Customer profileNamed customers7 records
Segments2 records
Ideal customer profiles2 records
Prosmar technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability4 records
Feature8 records
Prosmar partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ThommessencoreNorwegian commercial law firm and maritime law expert that assisted Prosmar in developing the FuelEU Maritime Pooling Framework legal structure. Thommessen provided legal expertise ensuring the framework is balanced, legally sound, and validated by industry leaders. The partnership combines Thommessen's legal expertise with Prosmar's industry knowledge to empower businesses to navigate compliance deals.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Prosmar competitors and assessment
Company assessmentDirect peers
- Kpler: Commodity and maritime data analytics platform covering freight, tanker tracking, and commodities flow intelligence. Overlaps with Prosmar in serving freight trading desks and shipping risk management functions.
- RightShip: Maritime risk and ESG intelligence platform serving shipowners, charterers, and operators. Comparable in delivering risk-decisioning data and analytics used by the same shipping enterprise buyer that Prosmar targets.
- Veson Nautical: Provider of IMOS, the leading maritime operations and chartering platform. Prosmar explicitly integrates with IMOS to feed voyage data into its risk engine, making Veson the closest adjacent peer serving the same shipping back-office workflows.
Emerging players
- BunkerEx: Bunker procurement and trading platform with hedging and risk management features for shipping operators. Overlaps with Prosmar's Hedge Manager and bunker hedge performance modules.
- Windward: AI-driven maritime intelligence platform for vessel tracking, sanctions, and risk. Comparable as a data-and-analytics SaaS layer serving shipping and commodity trading compliance and risk teams.
- Persefoni: Carbon accounting and emissions management SaaS. Adjacent competitor for the EU ETS and FuelEU compliance workflow that Prosmar has built specifically for maritime operators.
- ZeroNorth: Maritime optimization SaaS combining vessel performance, bunker optimization, and emissions/risk analytics for shipping companies. Overlaps with Prosmar on bunker hedge performance and EU ETS-style compliance reporting.
Broad incumbents
- S&P Global Commodity Insights (Platts / Maritime Insights): Provides maritime and commodity benchmarks, freight data, and analytics to shipping and trading firms. Comparable as a data and pricing infrastructure layer overlapping with Prosmar's price curves and benchmark-driven VaR calculations.
- Allegro (EMBLA): Established CTRM platform serving commodity trading firms, including shipping and freight. Competes with Prosmar for the same trading-desk risk and P&L reporting workflows.
- ION Group (Aspect / Openlink): Large incumbent ETRM/CTRM vendor with Aspect and Openlink platforms widely deployed at commodity trading houses. Represents the broad incumbent Prosmar competes against for enterprise risk-management budgets at trading desks.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Prosmar social profiles
Digital presenceProsmar compliance and trust
Trust signalCompliance1 record
Prosmar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Prosmar leadership team
Management profileNumber of profiles
Profiles6 records
Prosmar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Prosmar 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 Prosmar
What does Prosmar do?
Prosmar sells the Prosmar Risk System, a web-based SaaS platform for maritime and freight trading companies that automates data ingestion from Vessel Management Systems and delivers risk portfolio reporting, Value at Risk (VaR) calculations, hedge performance tracking, and regulatory compliance modules for EU ETS and FuelEU Maritime. The platform is offered as a subscription, accessible via browser, with plug-and-play APIs that integrate with existing enterprise systems.
Is Prosmar a public or private company?
Prosmar is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Prosmar founded?
Prosmar was founded in 2013. It employs 11 to 50 people.
Where is Prosmar based?
Prosmar is headquartered in Lysaker, Norway, in the Europe region.
How does Prosmar make money?
One revenue line is on record: saaS Subscription.
Who are Prosmar's main competitors?
Direct peers on record are Kpler, RightShip and Veson Nautical. Emerging players are BunkerEx, Windward, Persefoni and ZeroNorth. Broad incumbents are S&P Global Commodity Insights (Platts / Maritime Insights), Allegro (EMBLA) and ION Group (Aspect / Openlink).
Does Prosmar have an API?
Yes. Prosmar offers APIs that allow clients to access advanced analytical concepts and portfolio performance metrics, feed data into internal systems, and integrate the system with VMS platforms. The API supports exporting VaR results, accessing data lake analytics, and programmatic deal management including P&L settings via API endpoints.
What industry is Prosmar in?
Prosmar's product category is Maritime Risk Management Software. Its primary akta.pro industry code is FSACAJAF, Prudential & Market Risk Management (VaR, Stress, Limits). Its NAICS code is 513210 and its SIC code is 7372.