Vsltec Secures €540K Pre-Seed Funding from Greece’s Top Shipping Executives

Vsltec, a digital marketplace transforming how shipping companies procure technical services, today announced the successful close of its €540,000 pre-seed funding round. The round was led by prominent figures in the Greek shipping and legal sectors, including Sifis Vardinoyannis, CEO of Sekavin, Dimitris Vassos, Managing Partner of HFW Greece, Nikolaos and Stratos Tsalamanios, Co-CEOs of Seaven – Tanker & Dry Management, and the executive team of Petrochem Management S.A.

This investment will drive Vsltec’s growth across three critical areas. Operationally, it will reinforce the infrastructure needed to scale with a growing user base and refine internal systems. On the technical side, the funding will support product development, enabling the release of new features and strengthening system performance. From a commercial perspective, it will back Vsltec’s initial market entry, broadening its footprint and building strategic industry ties.

Through progress on these fronts, Vsltec delivers meaningful value to both sides of the marketplace. Ship managers achieve measurable gains in time efficiency and cost-effectiveness through smarter, data-driven decision-making. Service providers benefit from qualified leads, clearer communication, and faster deal cycles, freeing them to concentrate on delivering high-quality service rather than chasing down opportunities.

Theocharis Terzis, CEO of Vsltec

“We built Vsltec to solve real, daily problems faced by technical and fleet managers,” said Theocharis Terzis, CEO of Vsltec. “This round gives us the firepower to scale quickly, grow our team, and deliver a modern procurement solution the industry can rely on.”

Vsltec is a digital marketplace that simplifies and standardises how shipping companies procure technical services for their vessels. Instead of relying on brokers, emails, and spreadsheets, Vsltec lets operators easily ask for quotes, compare offers in one currency, talk directly with trusted service providers, and book jobs—all in one place. The system exposes hidden costs such as service boats and technician travel, helping operators make informed decisions based on total job value. It also enables side-by-side comparisons between existing vendors and verified local providers, supporting better procurement choices without disrupting established relationships. Vsltec serves both fleet managers and service providers, offering each side the tools to transact faster, with greater transparency and traceability. Built around the real daily challenges of running a ship, Vsltec reduces admin time, prevents off-hire, and gives companies full control over service quality, cost, and timing across more than 3,700 ports.
Source: Vsltec