Let’s Make a Trade Enabling Global Trade for SME’s
Hello OCEAN Friends,
We hope this update finds you well. We’re excited to share some exciting updates about our company and the progress we’ve made.
- Our team has grown significantly in the past few months. We have hired 5 new engineers and 2 business development professionals. With this expansion, we are well on our way to meet our targets for Q2.
- We have moved to Amazon Web Services and have a new website www.thisisocean.com
- Our user base has increased by 35% in the past month, and we are seeing consistent user engagement. We continue
to gather valuable feedback, which we use to improve our product.
- We have recently launched a new tech feature that allows our users to place orders directly in our platform, further
strengthening the relationship between our users and the platform.
*Please note that Revenue numbers for all the above periods have been updated to reflect OCEAN’s transition to calendar year reporting [Jan.- Dec.] Revenues shown are the Value of Invoices
We were thrilled to announce that OCEAN had attended a series of prestigious business events in March 2023, including The 0100 Conference Europe, The Asian Family Office and Investment Forum, and The Private Credits APAC Forum in Singapore.
These events provided an excellent opportunity for OCEAN to network with industry experts, stay up-to-date with the latest trends, and gain valuable insights into private equity and venture capital. Also allowed us to connect with like-minded professionals from all over the world, expanding its business network, and fostering new business relationships.
We are ready to announce the launch of our new website, https://www.thisisocean.com. Our team has been working hard to create an online platform that offers a seamless experience for our clients who need cross border inventory finance.
At Ocean, we believe that cross-border trade should be accessible to everyone, regardless of the challenges that may arise due to lack of financing. We provide a unique solution to our clients, allowing them to optimize their cash flow while accessing new markets and expanding their businesses.
Supply chain-focused startups have been successful in attracting investors despite a contraction in funding across most other startup sectors. In 2022 alone, these companies have secured over $7 billion in funding from seed through growth-stage rounds globally, which was on par with 2021’s record-setting levels. This is a testament to the potential of these startups to address the growing demand for efficient supply chain management in today’s global marketplace.
HOW CAN YOU HELP?
We’re hiring so please share these open positions with your network:
- Chief Marketing Officer
- Chief Operating officer with experience in Fintech or Logistics tech
- Sales executive (Corporate Finance)
We plan to start Series A tech demos soon – for an early sneak peek, please feel free to sign up for the Tech Demo here.
We are grateful for your continued support and belief in our mission to make international trade credit more accessible to everyone. We’ll be sure to keep you updated on our progress.
Vishal H. Kewalramani
PS: Feel free to drop any time in my calendar here to catch up.