Secro provides a modular, blockchain-based SaaS platform that tokenizes mission-critical trade finance documents and automates workflows for corporates, financial institutions, and logistics providers across commodities supply chains. The platform is purpose-built for sectors such as agri-food, fertilizers, oil & energy, metals, and forestry, replacing paper-based processes to enable faster execution, lower capital costs, and reduced fraud risk. Secro delivers tailored digital instruments and API-driven integrations for lenders, insurers, and technology partners. The company plans to use its new funding to accelerate integrations with insurance carriers, lenders, and technology platforms, enhance global API interoperability, and advance its AI capabilities for risk assessment and fraud detection. Headquartered in Charleston, South Carolina, Secro runs technology operations in Europe and maintains an EMEA hub in Geneva. Secro provides a new-generation electronic bill of lading solution aimed at digitizing the global trade of commodities. The company is positioning its platform to deliver value and innovation to customers across global maritime trade. Secro announced the addition of three institutional investors—Innoport, Motion Ventures, and Whysol Investments—alongside continuing support from long-standing backers Augment Ventures and TMV. Innoport is identified as the Schulte Group’s maritime corporate venture capital arm; Motion Ventures is described as a maritime investment cluster based in Singapore; Whysol is noted as Secro’s first institutional investor from Italy. The company says the new strategic investors bring fresh synergies and an expanded network. Secro’s team, including Michele Sancricca, is described as laying the foundation to transform e-bill processes, with the company signalling more developments in 2024. Secro offers Secro e-Bill, a digital bill-of-lading platform that performs the functions of a paper bill of lading with increased speed, user interaction, lower cost, and security. The platform is built on the NEM Symbol private blockchain and enables users to export proof of original documents, attach supporting files, and convert e-bills into paper to meet compliance and local customs requirements. Secro allows users to share electronic bills of lading with partners, enabling multiple teams to collaborate on eBL drafts and invite internal and external employees. The company says it does not require the private agreements used by other electronic bill of lading providers. Secro raised $3.6M in Seed funding and intends to use the proceeds to officially scale its platform, develop new features, and expand its network of business partners. The company is led by Michele Sancricca and is based in Wilmington, DE.

Total raised

$14M

Funding rounds

3

Latest round

Series A

Latest activity

May 2025