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- Kpler
Kpler Revenue, Valuation, Funding & Investors
Kpler is valued at $3.7B as of June 2026, a 12.3x multiple on its last reported $300M revenue.
Last Kpler valuation
$3.7B
Secondary · Jun 2026
Last Kpler funding round
$195M
Undisclosed stage · Apr 2022
Kpler revenue
$300M
Secondary · Jun 2026
Key investors in Kpler
Insight Partners
Sixth Street
Five Arrows Growth Capital
About Kpler
Kpler is a London-headquartered data and analytics platform launched in 2014, tracking commodities transportation including LNG, crude oil, dry bulk, freight, and inventories across 40 markets. With over 500 employees globally, it expanded through acquisitions of ClipperData in 2021, JBC Energy and Core-e in 2022, and MarineTraffic with FleetMon in 2023, serving traders, producers, and governments.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$300M (Jun 2026)
Valuation
$3.7B (Jun 2026)
Kpler Valuation
Kpler is currently valued at $3.7B, based on its secondary sale in June 2026.
The $1B round was led by Sixth Street.
Kpler valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2026 | Secondary | $3.7B | 12.3x |
Kpler Revenue
Kpler's latest recorded revenue is $300M, as of its secondary sale in June 2026. At a $3.7B valuation, that implies a 12.3x revenue multiple.
Kpler revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2026 | $300M | $3.7B | 12.3x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Kpler Funding History
Kpler has raised a total of $195M across 1 funding round, plus 1 secondary share sale.
Kpler funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Secondary | Sixth Street (lead) | $1B | $3.7B | Sixth Street agreed to make a minority strategic growth equity investment of over USD 1,000 million in Kpler, with management remaining majority owners. Insight Partners will remain a shareholder and roll a portion of its original investment, while Five Arrows will exit its position fully. The deal values Kpler at nearly USD 4,000 million and reflects a substantial re-rating versus the 2022 investment by Five Arrows and Insight Partners, which together originally invested USD 200 million. The capital is intended to support Kpler’s growth as a provider of global physical trade intelligence data and analytics. Kpler is a Brussels-based company focused on commodities and physical trade intelligence data and analytics, serving customers that need visibility into global trade flows. The transaction was announced on June 3, 2026, and represents a change in Kpler’s shareholder base while preserving management control. |
| Apr 2022 | Undisclosed stage | Five Arrows Growth Capital (lead); Insight Partners (lead) | $195M | - | Kpler, a Brussels-based provider of technology-led data, analytics, and market insight for commodities markets with focus on production, shipping, storage, energy transition, and adjacent sectors, announced its first external fundraising on April 13, 2022. Five Arrows Growth Capital and Insight Partners led a strategic growth investment exceeding $200 million (some sources cite $220M), acquiring a minority stake in the bootstrapped company founded in 2014. The deal closed around June 1, 2022, advised by Houlihan Lokey on sell-side. Prior to the raise, Kpler doubled its Annual Recurring Revenue over the previous 18 months and completed two self-funded acquisitions: ClipperData and JBC Energy since September 2021, solidifying its position in next-generation data and analytics for efficient, sustainable trade in physical commodities. The new capital supports organic growth, further acquisitions, and hiring over 100 staff in coming months. Five Arrows, the private equity arm of Rothschild & Co, targets data/software firms with defensible positions and strong economics; Insight Partners invests in high-growth tech/scaleups. Kpler's platform serves sophisticated industry players in shipping and commodities, enabling better trading decisions. Later developments include investors considering stake sales in 2025 with enterprise value potentially over €3B and ARR projected above €200M by 2025, but no 2022 valuation or revenue quantified. |
Who has invested in Kpler?
3 investors have backed Kpler across its funding rounds, including Insight Partners, Sixth Street and Five Arrows Growth Capital.
Lead investors include Sixth Street, Five Arrows Growth Capital and Insight Partners.
Kpler Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Apr 2022 | ||
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Start Free TrialAcquisitions by Kpler
Kpler has acquired 7 companies to date.
Last acquisition by Kpler was on May 19th 2026. Kpler acquired CITAC Africa for undisclosed valuation.
Latest Acquisitions by Kpler
| Description | CITAC Africa is a UK-based independent consultancy company focused on the downstream African Energy market. | Bridgeton Group is a managed futures investment firm developing strategies for futures trading. | Spire Maritime is a division of Spire Global providing satellite-based maritime intelligence including AIS vessel tracking and environmental data. The service covers vessel positions, port calls, and piracy risks across global oceans, serving shipping firms, insurers, and navies with real-time analytics. | FleetMon is a Hamburg-based maritime intelligence platform tracking over 100,000 vessels daily via AIS data. The service delivers real-time ship positions, port calls, and ETA predictions for tanker, container, and bulk carrier segments. Acquired by Kpler in February 2023, FleetMon enhances commodity flow analysis with historical archives dating to 2009. It serves traders at Trafigura and energy firms with API access and custom alerts across global trade routes. | |
| HQ Country | |||||
| HQ City | London | - | San Francisco, CA | Rostock | |
| Deal Date | 19 May 2026 | 15 Dec 2025 | 13 Nov 2024 | 15 Feb 2023 | |
| Valuation | undisclosed | undisclosed | $234M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Kpler Competitors
Kpler competitors include listed companies like Delhivery, Shenzhen Fortune Trend and EquipmentShare.com, and private ones like Uber Freight, Motive and Stord.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.1B | $80M | $3.4B | 2.7x | ||
| Publicly listed | $55M | $50M | $4.1B | 68.1x | ||
| Private | $211M | - | $3.3B | 15.6x | ||
| Private | $501M | - | $3.1B | 6.1x | ||
| Private | $147M | - | $3B | 20.4x | ||
| Publicly listed | $4.4B | $704M | $4.6B | 1.8x |
Kpler Public Comps
Kpler is still privately-owned, but its public comps include CRISIL, Delhivery, Shenzhen Fortune Trend, TravelSky, TP ICAP, EquipmentShare.com, NextNav, Shanghai DZH, Servyou Software Group and ServiceTitan.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $380M | $122M | 8.8x | 7.5x | 27.5x | 25.1x | |||
| $1.1B | $80M | 2.9x | 2.7x | 40.1x | 38.9x | |||
| $55M | $50M | 68.9x | 68.1x | 76.2x | 78.1x | |||
| $1.3B | $518M | 0.9x | 0.9x | 2.3x | 2.3x | |||
| $3.2B | $502M | 0.1x | 0.1x | 0.7x | 0.6x | |||
| $4.4B | $704M | 2.1x | 1.8x | 13.1x | 5.3x | |||
| $5M | ($169M) | 503.2x | 540.7x | (13.6x) | (48.0x) | |||
| $123M | ($545K) | 18.1x | - | (4082.3x) | - | |||
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Common questions about Kpler
| When was Kpler founded? | Kpler was founded in 2014. |
| Where is Kpler headquartered? | Kpler is headquartered in Brussels, Belgium. |
| Is Kpler publicly listed? | No, Kpler is a private, VC-backed company. |
| What is Kpler's valuation? | Kpler was last valued at $3.7B in its secondary sale in June 2026. |
| How much funding has Kpler raised? | Kpler has raised $195M across 1 funding round. |
| What was Kpler's last funding round? | Kpler's last funding round was a $195M undisclosed-stage round in April 2022, led by Five Arrows Growth Capital and Insight Partners. |
| Who are Kpler's investors? | Kpler's investors include Five Arrows Growth Capital, Sixth Street and Insight Partners. |
| What is Kpler's revenue? | Kpler's latest recorded revenue is $300M (June 2026). |
| What is Kpler's revenue multiple? | Kpler's latest valuation implies a 12.3x revenue multiple ($3.7B valuation on $300M of revenue). |
| Which companies are comparable to Kpler? | Companies comparable to Kpler include Delhivery, Shenzhen Fortune Trend, Uber Freight, Motive, Stord and EquipmentShare.com. |
| How many companies has Kpler acquired? | Kpler has acquired 7 companies, including CITAC Africa, Bridgeton Group, Spire Maritime, FleetMon and MarineTraffic. |
| What was the largest acquisition by Kpler? | The $234M acquisition of Spire Maritime in November 2024 is the largest acquisition Kpler has made to date. |
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