Vesper Market Research Report

Company Overview

Name, Mission of the Company

Company Name: Vesper
Mission: Vesper aims to connect commodity players with independent intelligence to make smarter trades.

Company Inception and Founders

Founded: October 2019
Founder: Alexander Sterk

Key People

Alexander Sterk: Founder & CEO

Brendon Montgomery: Chief Revenue Officer

Joof Verhees: Managing Director

Wouter van den Hoven: CTO

Jeroen Brouwers: CPO

Wouter Lankhorst: COO

Headquarters

Location: Vijzelstraat 79, Amsterdam

Number of Employees

No information is available

Revenue of the Company

No information is available

What is the Company Known For

Core Capability: Vesper is known for being an essential source of real-time commodity intelligence, providing live price benchmarks and extensive commodity data to drive better decision-making in the FMCG and F&B industries. They cover a wide range of agri-commodities and offer transparency in the commodity markets.

Products

Product Offerings

1. Vesper Price Index (VPI)

Description: An independent price benchmark made from proprietary data, providing a transparent and accurate representation of market prices.

Key Features:

Real-time and historical price tracking

Over 400 commodity prices

Data from 85 countries

2. Dashboard

Description: User-friendly, customizable dashboards that consolidate data ranging from pricing and production to import & export, supply & demand, and stock levels.

Key Features:

Custom workspaces

Real-time data updates

Comprehensive overview of production volumes and trade statistics

3. Futures

Description: A real-time view of commodity stock exchanges, simplifying tracking of commodity futures.

Key Features:

Real-time updates from multiple stock exchanges

Simplified overview in user’s choice of currency

4. Outlook

Description: Forecasting tool powered by AI and machine learning, which predicts prices, production volumes, and stock levels with high accuracy.

Key Features:

Accurate future projections

Enhanced decision-making support

User-friendly interface

5. Market Analyses

Description: Comprehensive market analyses providing insights into local and global market trends.

Key Features:

Bi-weekly market highlights

Collaboration with research institutions for exclusive reports

Unbiased commentary on market movements

6. Mobile App

Description: Mobile application providing seamless access to Vesper’s comprehensive commodity intelligence on-the-go.

Key Features:

Web-to-mobile consistency

Real-time updates

Personalised dashboards and market analyses highlights

Recent Developments

Recent Developments in the Company

Key Milestones:

October 2019: Launch of Vesper platform.

May 2020: Reached over 1000 users worldwide.

February 2021: Launch of the mobile app.

October 2021: Raised 5 million euros in seed round led by Slimmer AI.

December 2021: Launch of new commodity, Oils and Fats.

September 2022: Launch of new commodity, Sugar.

New Products Launched

Oils and Fats Commodity (December 2021)

Sugar Commodity (September 2022)

New Features Added to Existing Products

No information is available

New Partnerships

August 2024: Partnership with UkrAgroConsult to provide vessel line-up data for the Black Sea Region.

August 2024: Expanded partnership with Sugaronline to offer India Sugar Market Reports.

Conclusion

Vesper continues to be a significant player in the commodity intelligence market, providing innovative and comprehensive solutions for real-time data needs in the FMCG and F&B industries. Their recent developments and strategic partnerships highlight their ongoing commitment to enhancing market transparency and decision-making capabilities for their users.