Skagerak Capital successfully exited its investment in VesselMan, a maritime software leader, through its acquisition by Marcura, marking its fourth exit in 2024 amidst evolving venture capital dynamics.

Target Information

VesselMan is an innovative leader in maritime software, specializing in digital transformation solutions tailored for the maritime industry. The company's cloud-based platform enables efficient management of technical projects including dry-dockings, inspections, and refits, standardizing workflows across fleets to enhance transparency, collaboration, and operational efficiency. As a result, VesselMan has established itself as a valuable partner to shipowners and operators worldwide, driving modernization in a traditionally conservative industry.

Industry Overview in the Maritime Sector

The maritime industry has entered a transformative phase, characterized by increasing digitization and a shift towards sustainable practices. As global shipping faces pressure to minimize environmental impact, technology adoption has become crucial for enhancing operational efficiencies. This evolution is evident in the growing demand for comprehensive management tools that facilitate better project oversight and adherence to stringent regulatory requirements.

In 2024, while the global venture capital market faced challenges, sectors such as AI and climate tech showed resilience, receiving substantial investment. Companies that provide vertical