Ceto
Transforming maritime and marine insurance
- 1-20 employees
- B2B
- Sustainability
- Transport
- Insurance
- Mobility
- Internet of Things
- SaaS
- Byker, Newcastle upon Tyne, UK
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Company mission
To transform marine insurance. In doing so, create a safer and more efficient global shipping fleet.
Our take
Ceto is tapping into the fast-growing maritime market, where digitalisation and sustainability are becoming top priorities. With major investments in smarter and greener shipping, especially in Asia (a market Ceto is hoping to target).
The company uses predictive analytics and AI to prevent machinery breakdowns and optimise ship performance. By analysing ship data, Ceto is helping to reduce maintenance costs, improve safety, and lower carbon emissions, making it an important player in the push for smarter shipping.
This approach hasn't gone unnoticed either, with the company securing early seed funding that will fuel its growth plans as well as expand partnerships in the maritime and marine insurance sectors, setting the company up for an exciting future.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Stock options
- 25 days holiday + public holidays
- Flexible working hours
- Hybrid working from either Lloyd's Building, London or Newcastle office
- All the kit you need to be your most productive
- Work from anywhere flight allowance
- Budget and time allocation for conferences and professional development
- Friday beers
Funding (1 round)
Oct 2023
$2m
SEED
Total funding: $2m
Leadership
Tony Hildrew
(Founder & CEO)Previously a Project Manager at West Nautical as well as a Vessel Manager at Nautical Management Services. They also spent time as a Chief Engineer at My Mimi La Sardine and as a Project Engineer at A&P Group Limited.
Ben H.
(CTO)Joined Ceto in 2023 as CTO. Prior to that, they were the CTO of DAOHQ, the Founder of 6Degree.co and co-founder and COO of Easi Projects.