What is Sedna?
Founded by maritime and technology expert Bill Dobie, Sedna addresses the critical communication challenges faced by key industry players like Glencore. The company offers two core products: Stream and Pulse. Stream is designed to manage complexity and enhance efficiency within shipping and supply chain operations, while Pulse provides a data-driven communication platform. By integrating seamlessly with existing industry ecosystems, Sedna empowers better decision-making and drives commercial success, aligning with its vision to accelerate global trade.
How much funding has Sedna raised?
Sedna has raised a total of $53.9M across 3 funding rounds:
Series A
$10M
Series B
$34M
Debt
$9.9M
Series A (2020): $10M with participation from Mike Chalfen, Chalfen Ventures, Harry Stebbings, and Emmanuel Cassimatis
Series B (2021): $34M led by Stride.VC, SAP.iO Fund, Chalfen Ventures, and Insight Partners
Debt (2025): $9.9M supported by Canadian Imperial Bank of Commerce
Key Investors in Sedna
Stride.VC
Stride.VC is a London-based seed-stage tech fund that focuses on supporting passionate entrepreneurs with meaningful investments. The firm prioritizes prototypes over presentations and emphasizes a hands-on approach to nurturing early-stage companies while respecting the entrepreneurial journey. Stride.VC aims to make a significant impact with their investments during critical stages of development. Their clients typically include innovative tech startups seeking seed funding to bring their ideas to fruition.
Insight Partners
GO is a private platform purpose-built for Insight Partners' portfolio company leaders. GO unifies our 500+ software portfolio companies to foster connections, strengthen leadership, expand their brain trust, and provide support as they scale.
Canadian Imperial Bank of Commerce
CIBC Innovation Banking is a financial institution. It provides credit cards, lending and investments. The company was founded in 2000 and is based in Toronto, Canada.
What's next for Sedna?
With the recent major strategic investment and substantial overall capital, Sedna is poised for accelerated scaling and further product development. The company's focus on transforming the maritime and supply chain sectors through advanced communication technology suggests a strategic expansion into new markets and enhanced feature sets. This funding will likely fuel efforts to deepen its integration capabilities and solidify its position as a leader in data-driven trade solutions, aiming to make global commerce faster and more efficient.
See full Sedna company page
