OpenTug - About the company
OpenTug is a seed company based in Seattle (United States), founded in 2019 by , and . It operates as an A cloud-based maritime workflow management and cargo shipment services. OpenTug has raised $5.3M in funding from investors like SeaChange, TMV and Entrada Ventures. The company has 389 active competitors, including 22 funded and 25 that have exited. Its top competitors include companies like Haven, MariApps and OOCL.
Company Details
A cloud-based maritime workflow management and cargo shipment services. It offers offers solutions such as streamlining sales platforms, quoting complex jobs quickly with QuoteAI, tracking vessel locations, providing active reporting, analyzing data, and offering barge capacity for various cargo needs. It connects shippers to barges, terminals, and ports, to integrate marine transportation into supply chains. It is described as digital booking platform connecting shippers, barge operators, and terminals.
- Website
- Social
- Email ID
- @opentug.com
- Phone Number
- +1
Key Metrics
Founded Year
2019
Location
Seattle, United States
Stage
Seed
Total Funding
in 3 rounds
Latest Funding Round
Ranked
12th among
Similar Companies
Haven &
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OpenTug's funding and investors
OpenTug has raised a total funding of $5.3M over 3 rounds. Its first funding round was on 2023. Its latest funding round was a Seed round on Mar 31, 2025 for $2.2M. 1 investor participated in its latest round, lead by TMV.
OpenTug has 5 institutional investors including SeaChange, TMV and Entrada Ventures.
Here is the list of recent funding rounds of OpenTug:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Mar 31, 2025 | $2.2M | Seed | 4561604 | 7182657 | |
Feb 22, 2024 | $3.1M | Seed | 9909796 | 1130142 | |
2023 | Undisclosed | Seed | 1606 | 3595 |
View details of OpenTug's funding rounds and investors
OpenTug's founders and board of directors
The founders of OpenTug are , and . is the CEO of OpenTug.
Here are the details of OpenTug's key team members:
- : Co-Founder & CTO of OpenTug. Contact Info:
- : Co-Founder & CEO of OpenTug. Contact Info:
- : Co-Founder & COO of OpenTug. Contact Info:
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OpenTug's Competitors and alternates
Top competitors of OpenTug include Haven, MariApps and OOCL. Here is the list of Top 10 competitors of OpenTug, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() Haven 2014, San Francisco (United States), Acquired | Software Platform for International Shippers | $19.2M | 62/100 | |
2nd | Provider of an ERP software and maritime digital solutions for shipping companies | - | - | 61/100 | |
3rd | Online platform for booking ocean cargo services | - | - | 55/100 | |
4th | Provider of software solutions for shipping managemnet | - | , EIC FundÌý&²¹³¾±è;Ìý | 54/100 | |
5th | Navis 1988, Oakland (United States), Acquired | Provider of cloud-based shipping and port management solutions | - | Summit Partners, CM FinanceÌý&²¹³¾±è;Ìý | 53/100 |
6th | ![]() Signal Group 2014, Athens (Greece), Unfunded | Provider of AI and cloud-based enterprise resource planning software for the marine industry | - | - | 53/100 |
7th | Marcura 2001, Dubai (United Arab Emirates), Unfunded | Private equity funds focused on shipping industry | - | - | 50/100 |
8th | Bearing.ai 2018, Palo Alto (United States), Series A | Platform offering AI-based shipping management platform | $7M | , AI FundÌý&²¹³¾±è;Ìý | 49/100 |
9th | Veson Nautical 2003, Boston (United States), Late Stage | Provider of software solutions for the maritime industries | - | Francisco Partners, Ares Capital CorporationÌý&²¹³¾±è;Ìý | 49/100 |
10th | Dataloy Systems 2002, Bergen (Norway), Unfunded | Provider of software for vessel operations | - | - | 48/100 |
12th | ![]() 2019, Seattle (United States), Seed | A cloud-based maritime workflow management and cargo shipment services | $5.3M | Entrada Ventures, Stout Street CapitalÌý&²¹³¾±è;Ìý | 45/100 |
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OpenTug's Investments and acquisitions
OpenTug has made no investments or acquisitions yet.
Reports related to OpenTug
Here is the latest report on OpenTug's sector:
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News related to OpenTug
Media has covered OpenTug for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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PR Newswire•Feb 18, 2025•OpenTug
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