Gelectric Company Profile

Background

Overview

Gelectric is a maritime technology company founded in 2022, specializing in AI-powered data analytics and predictive maintenance solutions for the maritime industry. The company aims to enhance operational efficiency, reduce downtime, and minimize environmental impact for shipowners and operators.

Mission and Vision

Gelectric's mission is to revolutionize maritime operations by transforming raw operational data into actionable insights, thereby driving smarter decisions and fostering a more sustainable future for the industry. Their vision is to lead the Maritime 4.0 revolution by providing innovative solutions that address the challenges of modern maritime operations.

Industry Significance

Operating within the maritime technology sector, Gelectric plays a crucial role in addressing the industry's need for digital transformation. By offering solutions that improve efficiency and compliance, the company contributes to the modernization and sustainability of maritime operations.

Key Strategic Focus

Core Objectives

Operational Efficiency: Enhancing vessel performance through data-driven insights.

Predictive Maintenance: Identifying potential equipment failures before they occur to minimize downtime.

Regulatory Compliance: Assisting clients in meeting international maritime regulations.

Areas of Specialization

Predictive Maintenance: Monitoring critical assets to predict and prevent failures.

Energy Monitoring: Analyzing energy consumption to optimize efficiency and reduce costs.

Emission Monitoring: Tracking emissions to ensure compliance with environmental standards.

Key Technologies Utilized

AI and Machine Learning: For data analysis and predictive analytics.

IoT Sensors: To collect real-time operational data from vessels.

Cloud Computing: For scalable data storage and processing.

Primary Markets Targeted

Shipowners and Operators: Seeking to improve operational efficiency and compliance.

Fleet Managers: Looking to optimize maintenance schedules and reduce costs.

Maritime Industry Stakeholders: Interested in sustainable and efficient maritime operations.

Financials and Funding

Funding History

Pre-Seed Round: On August 11, 2022, Gelectric raised €15,000 in a pre-seed funding round led by Startupbootcamp Mobility & Transportation.

Angel Round: On January 4, 2023, the company secured additional funding in an angel round. Specific details regarding the amount raised and investors involved are not publicly disclosed.

Total Funds Raised

The total funding amount raised by Gelectric is not publicly disclosed.

Utilization of Capital

The funds are primarily utilized for product development, technology enhancement, and expanding market reach to support the company's growth and innovation initiatives.

Pipeline Development

Key Pipeline Candidates

Digital Noon Reports: Launched in December 2025, this solution automates the analysis of daily vessel reports, providing actionable insights without the need for onboard installation.

Condition Monitoring: A vessel-agnostic solution that monitors sensors for vibration, temperature, energy use, or emissions, predicting failures months in advance and analyzing energy and emissions trends for compliance and optimization.

Stages of Development

Digital Noon Reports: Launched and operational.

Condition Monitoring: In development, with ongoing enhancements.

Target Conditions

Digital Noon Reports: Applicable to all vessels requiring daily reporting and analysis.

Condition Monitoring: Targets critical equipment such as engines, pumps, and generators.

Anticipated Milestones

Digital Noon Reports: Ongoing deployment across client fleets.

Condition Monitoring: Expected to be fully operational in the coming months.

Technological Platform and Innovation

Proprietary Technologies

Agentic AI: An AI-driven system that parses and analyzes vessel data from daily reports to provide insights and alerts.

Significant Scientific Methods

Predictive Analytics: Utilizing machine learning algorithms to forecast equipment failures and maintenance needs.

Data Integration: Consolidating data from various sources, including IoT sensors and existing reporting systems, to provide a unified view of vessel operations.

Leadership Team

Efil Bengisu Saygı – CEO and Co-founder

Professional Background: Over 10 years of experience in maritime engineering and business development.

Key Contributions: Led the establishment of Gelectric, focusing on strategic direction and partnerships.

Rıza Özdülger – CTO and Co-founder

Professional Background: Industrial IoT engineer and software developer with more than a decade of experience.

Key Contributions: Oversees technology development, ensuring the integration of advanced IoT solutions into Gelectric's offerings.

Competitor Profile

Market Insights and Dynamics

The maritime technology sector is experiencing rapid growth, driven by the industry's need for digital transformation and sustainable practices. Companies like Gelectric are at the forefront, offering solutions that enhance efficiency and compliance.

Competitor Analysis

ePropulsion Innovation: Focuses on electric propulsion systems for maritime vessels.

Bart Manufacturing: Specializes in marine equipment manufacturing.

Sheffield Electric Co.: Provides electrical equipment and services for the maritime industry.

Strategic Collaborations and Partnerships

Gelectric has engaged in partnerships with industry leaders to enhance its technological capabilities and expand its market presence. Notably, the company participated in the Startupbootcamp Mobility & Transportation program, which provided valuable mentorship and resources.

Operational Insights

Gelectric differentiates itself through its brand-neutral, vessel-agnostic solutions, allowing seamless integration with various maritime operations. The company's focus on predictive maintenance and energy efficiency positions it as a key player in the industry's shift towards sustainability and operational excellence.

Strategic Opportunities and Future Directions

Gelectric aims to expand its product offerings, focusing on developing comprehensive solutions that address a broader range of maritime operational challenges. The company is also exploring opportunities to enter new markets and forge additional strategic partnerships to accelerate growth and innovation.