Vortexa raised $19 million in Series B funding round, led by monashees and including Notion Capital, Mosaic Ventures and Metaplanet Holdings.

Vortexa, a London, UK-based SAAS developer of analytics for the energy industry, announced completing a $19 million Series B funding rund.

The money was raised from investors led by monashees with participation from all existing investors, including Notion Capital, Mosaic Ventures and Metaplanet Holdings.

Proceeds will be used to further accelerate the company's international expansion and product development.

Vortexa, founded in 2016 by Etienne Amic and Fabio Kuhn (CEO), is a software developer that provides real-time information and analytics for crude oil and refined oil product flows.

The company says that it tracks more than $1.8 trillion of waterborne energy trades per year in real time and works with energy trading and shipping companies to make decisions on the movement of energy at a global scale and in real time. Vortexa’s clients include oil supermajors, commodities trading houses, investment banks, brokers and ship owners, spanning across all continents.

Vortexa previously raised about $11 million.