Brand profile · Maritime Transportation

Propspeed

Propspeed runs a Maritime Transportation operation from Auckland, AUK. It is privately held, and its site is propspeed.com. It holds one address on record, all in New Zealand. Headcount on record is 40. Its work is tagged foul-release Coatings. The latest round on record is Grant at US$6.1K. The record links two similar brands, most of them in Maritime Transportation.

propspeed.com LinkedIn

Profile live Privately Held Founded 1999 1 office country US$ 6.1K Grant
Counted staff
40
self-reported 11–50 band
Founded
1999
27 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
3
Grant · Oct 2023 · US$ 6.1K
Company type
Privately Held
self-reported
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Description

Propspeed®, the industry leader in foul-release coatings, has been protecting the performance of underwater assets since 1999. They offer an unrivalled product range with three premium foul-release coatings: Propspeed for underwater metals, Foulfree™ for transducers, and Lightspeed™ for underwater lights. The latest addition to their product line is Stripspeed™, a solvent-based paint stripper designed for effectively removing Propspeed and other foul-release coatings.

The Propspeed coating system is recognised globally as the best protection from marine growth and corrosion of propellers, running gear, and any other underwater metals. It has been tried and tested around the world for over 25 years, consistently delivering boat owners the same result: improved boat performance, lower fuel and operational costs, and sustained value of their investment – all while keeping the vessel’s running gear operating and looking its best.

Specialties

All 1 specialty
  • Foul-release Coatings

Locations

New Zealandprimary

Country footprint

Offices in 1 countryCountry footprint: 1 country, primary NZ. Codes: NZ.1 countryprimary NZNZ
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Countries1
Primary countryNZ

All codes: NZ

Addresses

  • NZ666 Great South Road; Auckland, AUK 1006Primary

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Funding

Last round · 7 October 2023US$ 6.1KGrant · investor: Callaghan Innovation
Rounds3
Round typeGrant · non-equity funding
Amount (USD)6,100
Stage rank1
Investors named1
Since last round2 yr 3 mo

Funding

3 funding roundsFunding timeline. Latest round 7 Oct 2023: Grant, US$ 6.1K.19992026GrantUS$ 6.1K3 rounds
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Rounds3
Axis1999 to 2026
Grant · 7 Oct 2023US$ 6.1K

Dated rounds only. The axis ends at the date this profile was last observed, not at today.

Spending power

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Signals & hiring

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Financials

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People & contacts

4 employee profiles on record · names withheld.

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FAQ

How many people work at Propspeed?

40 counted staff profiles at January 2026, inside the self-reported 11–50 band.

Where does Propspeed have offices?

One address on record, New Zealand only. Primary: 666 Great South Road, Auckland, AUK 1006.

Has Propspeed raised funding?

Three rounds. Latest 7 October 2023: grant, US$6,100, investor Callaghan Innovation.

What does Propspeed list as its specialties?

One tag on the brand's own list, among them Foul-release Coatings.

Which companies are listed alongside Propspeed?

6 profiles list Propspeed as a peer — 78th percentile in Maritime Transportation. It lists ten peers of its own.

What is Propspeed's website?

propspeed.com