Vortexa, a real-time global analytics platform for energy and freight markets, has completed its $34 million Series C funding round. Investment funds managed by Morgan Stanley Expansion Capital spearheaded the funding, with strong participation from existing investors Notion Capital, Monashees, Metaplanet, FJ Labs and Communitas Capital.
The investment, which brings the total amount raised by Vortexa since inception to more than $60 million, will be used to further accelerate the company’s international expansion, state-of-the-art technology and first-class quality of service to its clients and partners.
“Despite one of the toughest fundraising environments for tech companies in the recent past, this funding round was significantly oversubscribed,” said Fabio Kuhn, CEO of Vortexa. “Vortexa has doubled its valuation since its Series B funding round in 2021 and, having grown three times faster than the median SaaS business over the last year, is near profitabilit
