NYSHEX
NYSHEX provides digital infrastructure for shipping contracts, aiming to reduce $23 billion in economic waste from poor contract fulfillment. The 79-person company has raised $77M, most recently in a Series C round in November 2024.
The growth story
NYSHEX grew from 79 to 79 employees between 2021 and 2026, raising $77M along the way, most recently a Series C in November 2024.
About
NYSHEX sells software that helps shipping companies manage contracts and allocations in real time. Its platform alerts users to deviations from plans and offers indexed pricing to align incentives between shippers and carriers.
The company has raised $77M from investors including Goldman Sachs and GE Ventures. Its Series C round closed in November 2024, though its current headcount of 79 suggests measured growth.
Founders and leadership
Engineering is NYSHEX's largest function with 7 employees. The company has a median tenure of 3 years, indicating moderate turnover.
The NYSHEX org chart
Gordon Trouncer Downes (Co-Founder and CEO) leads 26 mapped leaders with 2 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Business Development 18 (0% YoY), Engineering 16 (-11% YoY), Information Technology 11 (-8% YoY), Operations 8 (0% YoY), Entrepreneurship 7 (+17% YoY), Product Management 4 (-50% YoY).
Talent flow
NYSHEX recruits heavily from shipping firms like Maersk and Hapag-Lloyd, with 13 hires from Maersk alone. Alumni often move to financial institutions like JPMorgan Chase or return to shipping roles at companies like ZIM Integrated Shipping Services.
Most common previous employers of NYSHEX staff: A.P. Moller - Maersk (13), Capital One (3), ICIMS (2), Barclays Investment Bank (2), Hapag-Lloyd (2), Flexport (2). Former NYSHEX employees most often moved to JPMorganChase (4), ZIM Integrated Shipping Services (3), MobyTrade (3), Interactive Brokers (2), Mantra Health (2), Arrow Investment (2).
Alumni worth knowing
The NYSHEX mafia
NYSHEX alumni have founded 6 companies, mostly in shipping and trading. The largest is Asia Shipping Exchange with 18 staff, followed by Global Traders and SRG Marketing.
6Tiago de Mesquita Godinho, EMBA, was Director - Global Carrier Experience until 2023Scott Gelber, was Senior Marketing Mgr. until 2022Jeb Pierce, was Sales & Marketing Advisor until 2022Max Donaldson, was Associate Marketing Manager until 2023Web traffic
Traffic mix: 50% direct, 32% search, 8% social, 1% paid.
What this company is made of
Most common skills at NYSHEX: Management (32), Leadership (32), Data Analysis (24), Strategy (23), Microsoft Office (22), Microsoft PowerPoint (21), Microsoft Excel (21), Project Management (21).
Where the team actually sits
NYSHEX people are concentrated in New York, United States (13), Western Cape, South Africa (9), New York City Metropolitan Area (4), New Jersey, United States (4).
Search footprint
NYSHEX attracts about 126 organic search visits a month, traffic worth roughly $2K a month if bought through ads. It gained 39 ranking keywords and lost 45 in the last period.
What employees say
- Compensation
- 3.30 / 5
- Career opportunities
- 2.50 / 5
- Senior management
- 2.00 / 5
- Work-life balance
- 2.40 / 5
Frequently asked
NYSHEX has 79 employees as of September 2026.
NYSHEX has raised $77M in total, most recently a Series C round in November 2024.
NYSHEX was founded in 2014 by Gordon Trouncer Downes, Gary Downes, Mark Michaels.
Gordon Trouncer Downes (Co-Founder and CEO) sits at the top of NYSHEX's reporting structure, with 2 direct reports.
The most common previous employers of current NYSHEX staff are A.P. Moller - Maersk (13 people), Capital One (3 people), ICIMS (2 people).
Former NYSHEX employees most often move to JPMorganChase (4), ZIM Integrated Shipping Services (3), MobyTrade (3).
At least 6 companies have a founder who previously worked at NYSHEX, including Asia Shipping Exchange, Global Traders | Physical Commodity Trading, SRG Marketing.
NYSHEX attracts about 126 organic search visits a month, worth roughly $2K a month in equivalent ad spend.
The most common skills among NYSHEX staff are Management, Leadership, Data Analysis, Strategy, Microsoft Office.
NYSHEX staff are concentrated in New York, United States (13), Western Cape, South Africa (9), New York City Metropolitan Area (4).
NYSHEX has about 18 people in Business Development, up 0% over the past year, as of September 2026.
NYSHEX has about 16 people in Engineering, down 11% over the past year, as of September 2026.
Computed from 49 current and 175 former NYSHEX profiles, as of September 2026. Source: Crustdata.
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