Local app that tracks ferry times raises seed funding

Tidewise, a Harbour City start-up whose app shows live ferry positions and delays, has raised 2.5 million from investors to expand to other coastal cities.

The app was built by three former ferry engineers and now has more than 80,000 users.

The bank that is financing part of the investment said it expects demand for similar projects to grow across the coast.

Consumers should see the first effects within a year, according to the company, which promised to keep prices stable.