Shone

Shone

Autonomous retrofitted ships. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€15—22m (Dealroom.co estimates Jun 2018.)
San Francisco California (HQ)
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Shone is a technology company specializing in artificial intelligence solutions for the maritime industry. The company focuses on enhancing the performance of ship crews by collecting and processing vast amounts of data from multiple sources. This data-driven approach helps crews make optimal decisions, thereby improving the safety and efficiency of maritime operations. Shone's AI technology also contributes to reducing fuel emissions, addressing the significant environmental impact of the shipping industry, which accounts for over 4% of worldwide CO2 emissions and 15% of sulfur emissions. By improving fuel efficiency, Shone aids the shipping industry in running leaner and more sustainable operations. The company's primary clients are shipping companies looking to optimize their fleet operations and reduce their environmental footprint. Shone operates in the global maritime market, offering a subscription-based business model where clients pay for access to its AI-driven platform and services. Revenue is generated through these subscriptions and potentially through additional services such as data analytics and consulting.

Keywords: AI, maritime, fuel efficiency, crew performance, data analytics, sustainability, shipping, emissions reduction, fleet optimization, safety.

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Tech stackLearn more about the technologies and tools that this company uses.