Shoreline raised $4 million in Series A funding.

Shoreline, a Stavanger, Norway-based company providing SAAS for intelligent field operations and project development simulations for the energy industry, announced getting into a $4 million series A Capital investment round.

The money was led by the UK-based venture capital firm Ingenious, with participation from existing investors Blue Bear Capital, Alliance Venture and Investinor, which backed the company’s earlier seed round.

The proceeds will be used for growing the business and will provide capex to service the existing wind farms and assets that require service providers, project developers, OEMs and operators to look for new and more advanced ways to plan and execute projects and daily operations.

Shoreline, founded in by CEO Ole-Erik V. Endrerud, developed a software platform that creates a “digital twin” of all the workflows, resources and assets which can be used in a powerful combination of simulation models and schedule optimization to analyze numerous complex field service, supply chain and project scenarios to find the optimal solution for these high value projects. Shoreline also offers an integrated solution with scenario analysis, resource management, reporting, planning and construction management with intelligent optimization and automation of workflows.