# New York Shipping Exchange funding: rounds and investors

> New York Shipping Exchange has raised $13M across 3 rounds since 2017. Investors include Goldman Sachs, New York Angels and Industry Ventures.

Source: https://millionrounds.com/company/new-york-shipping-exchange (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *New York Shipping Exchange*

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

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Logistics

Funding summary Updated 27 Oct 2026

**$13M** raised across 3 rounds since 2017, from 3 sources

**$8.5M** Series A **$4.5M** Series A

- **Latest round:** Venture Nov 2024
- **Biggest round:** $8.5M Series A · Mar 2017
- **Investors:** 7

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018 2019 2020 2021 2022 2023 2024

**$8.5M** Series A

**$4.5M** Series A

**?** Venture

- **First round:** Series A, $8.5M
- **Biggest round:** $8.5M
- **Usual gap between rounds:** 7.2 years

## The rounds

- **Nov 2024** Venture **Amount undisclosed** *2 new* *1 returning* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [New York Angels](https://millionrounds.com/fund/new-york-angels) [Industry Ventures](https://millionrounds.com/fund/industry-ventures) Source recorded
- **Aug 2017** Series A **$4.5M** *3 new* *1 returning* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [GE Ventures](https://millionrounds.com/fund/ge-ventures) [CMA CGM](https://millionrounds.com/fund/cma-cgm) [Hapag-Lloyd](https://millionrounds.com/fund/hapag-lloyd) Reported by FinSMEs
- **Mar 2017** Series A **$8.5M** *2 new* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) GE/ Blumberg Reported by FinSMEs SEC filing: $9.8M sold, first sale Mar 2017

## Founders and team

From New York Shipping Exchange's own website and the SEC filings it signed: 8 on the team.

- **Gordon Downes** Chief Executive Officer
- **Sarah Conyngham** Chief Operating Officer
- **Vineet Sahni** Chief Technology Officer
- **Christian Duschek** VP Of Product
- **Mehru Anand** VP of Engineering
- **Rich Heath** VP OF FINANCIAL Products and Services
- **Shuhai Miao** Head of Architecture
- **Adam Ferris** Executive Officer i

On the board, as filed i *April Zobel* *Chris Sultemeier* *Christian Pederson* *Henrik Schilling* *Jesper Praestensgaard* *Mark Michaels* *Mark Weaver* *Michael Grier* *Zach Fields*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2017 **Series A** 2017 **Venture** 2024 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [New York Angels](https://millionrounds.com/fund/new-york-angels) [Industry Ventures](https://millionrounds.com/fund/industry-ventures) [GE Ventures](https://millionrounds.com/fund/ge-ventures) [CMA CGM](https://millionrounds.com/fund/cma-cgm) [Hapag-Lloyd](https://millionrounds.com/fund/hapag-lloyd) GE/ Blumberg

## Everyone who backed them

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **3** rounds

[New York Angels](https://millionrounds.com/fund/new-york-angels) Angel network **1** round

[Industry Ventures](https://millionrounds.com/fund/industry-ventures) VC firm **1** round

[GE Ventures](https://millionrounds.com/fund/ge-ventures) Corporate VC **1** round

[CMA CGM](https://millionrounds.com/fund/cma-cgm) Corporate VC **1** round

[Hapag-Lloyd](https://millionrounds.com/fund/hapag-lloyd) Corporate VC **1** round

GE/ Blumberg no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=new-york-shipping-exchange).

## Quick answers about New York Shipping Exchange

### Who invested in New York Shipping Exchange?

New York Shipping Exchange's investors include Goldman Sachs, New York Angels, Industry Ventures, GE Ventures and CMA CGM, and 2 more on record.

### How much has New York Shipping Exchange raised?

New York Shipping Exchange has raised $13M across 3 rounds since 2017. One round did not disclose an amount, so the total is a floor.

### When did New York Shipping Exchange last raise?

New York Shipping Exchange's most recent round was a Venture in Nov 2024.

### What was New York Shipping Exchange's biggest round?

New York Shipping Exchange's largest round on record is $8.5M (Series A), in Mar 2017.

### Who backed New York Shipping Exchange first?

New York Shipping Exchange's first round on record, in Mar 2017, was backed by Goldman Sachs and GE/ Blumberg.

### What stage is New York Shipping Exchange at?

New York Shipping Exchange's latest named round is a Venture, in Nov 2024.

### Where is New York Shipping Exchange based?

New York Shipping Exchange is based in the United States.

## Companies like New York Shipping Exchange

In the same sector, and raised in the last eighteen months.

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