Fundz

Maritime marketplace and software platform OpenTug raises $3.1M

PRIVATEFeb 23, 2024

Amount Raised

$3.1 Million

Round Type

Seed

SeattleTransportation

Investors

Stout Street CapitalSpring Time VenturesSea ChangeEntrada Ventures

Description

OpenTug, Seattle-based makers of marine transportation logistics software, has raised $3.1 million in seed funding.

Quick answer

OpenTug raised $3.1 Million in a Seed round, dated February 23, 2024. Investors: Stout Street Capital, Spring Time Ventures, Sea Change and Entrada Ventures. OpenTug is based in Seattle, Washington, United States.

How much did OpenTug raise?
OpenTug raised $3.1 Million in a Seed round on February 23, 2024.
Who invested in OpenTug?
Stout Street Capital, Spring Time Ventures, Sea Change and Entrada Ventures are named as investors in this round.
What does OpenTug do?
OpenTug is a marine logistics platform dedicated to optimizing freight efficiency on inland and coastal waterways by streamlining booking, quoting and tracking.
Where is OpenTug based and how big is it?
OpenTug is based in Seattle, Washington, United States. Fundz records about 16 employees.
Who are the decision-makers at OpenTug?
Fundz holds 1 contact at OpenTug. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation around the same time

Companies in the same sectors as OpenTug that raised within 45 days of this round, from Fundz verified event records.

  • The Provenance Chain Network raised $4M (Seed) on April 2, 2024.
  • Ola Electric raised $50M (Debt Financing) on April 1, 2024.
  • Jet.AI raised $1.5M (Seed) on March 28, 2024.
  • Zūm raised $4M (Seed) on March 28, 2024.
  • FETCH PACKAGE, INC. raised $19M on March 27, 2024.
  • SP Tech Solutions raised $3.2M (Seed) on March 26, 2024.

Who to call at OpenTug, and when

A new round usually means OpenTug is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day OpenTug raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at OpenTug, from your own LinkedIn network

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Company Information

Company

OpenTug

Location

Seattle, Washington, United States

About

OpenTug is a marine logistics platform dedicated to optimizing freight efficiency on inland and coastal waterways by streamlining booking, quoting and tracking. These products offer a comprehensive suite for cargo and barge management, including rapid quote generation, seamless booking, real-time tracking, and dynamic reporting enabling operators to efficiently handle more cargo and enhance service quality with exceptional agility.

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OpenTug raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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