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2024 Revenue

$1.2M

Funding

$0

YOY

53.3%

Team

10

Founded

2016

How We4Sea CEO Michiel Katgert grew to $1.2M revenue with a 10 person team in 2024.

Developer of cloud-based fuel monitoring platform intended to reduce bunker costs and reduce ship emissions. The company's platform uses big data analysis to calculate potential fuel savings and provides detailed insights on all aspects of vessel operations including technical, logistical and operational, enabling shipowners to take better return on investment decisions.

Last updated

We4Sea Revenue

In 2024, We4Sea's revenue reached $1.2M. The company previously reported $795.7K in 2023. Since its launch in 2016, We4Sea has shown consistent revenue growth.

We4Sea Revenue GrowthReported revenue / ARR over time$0$300K$600K$900K$1.2M$1.5M201620172018201920202021202220232024$0$663.1K$795.7K$1.2MSource: GetLatka.com
YearMilestoneQuote
2024We4Sea Hit $1.2m revenue in October 2024
2023We4Sea Hit $795.7k revenue in December 2023
2021We4Sea Hit $663.1k revenue in April 2021
2016Launched with $0 revenue

We4Sea Valuation, Funding Rounds

We4Sea is a bootstrapped Analytics Platforms startup. Founded in 2016, We4Sea has grown to $1.2M in revenue without raising any venture capital or outside funding.

As a self-funded Analytics Platforms SaaS company, We4Sea has built its business with no outside investment.

We4Sea Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Michiel Katgert

CEO

Michiel Katgert is listed as CEO at We4Sea.

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Customers

We do not have customer count information for We4Sea yet.

We4Sea Employees & Team Size

We4Sea employs approximately 10 people as of 2026, down from 11 in 2023.

We4Sea Team GrowthReported headcount over time03691215201620172018201920202021202220232024001010Source: GetLatka.com
YearMilestone
2024Reached 10 employees (October 2024)
2023Reached 11 employees (December 2023)
2022Reached 12 employees (December 2022)
2021Reached 11 employees (December 2021)
2021Reached 11 employees (April 2021)

Frequently Asked Questions about We4Sea

What is We4Sea's revenue?

We4Sea generates an estimated $1.2M in annual revenue.

Who founded We4Sea?

We4Sea was founded by Michiel Katgert.

Who is the CEO of We4Sea?

The CEO of We4Sea is Michiel Katgert.

How much funding does We4Sea have?

We4Sea is bootstrapped and has not raised outside funding.

How many employees does We4Sea have?

We4Sea has 10 employees.

Where is We4Sea headquarters?

We4Sea is headquartered in Rotterdam, Netherlands.

Compare We4Sea to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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