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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
Investors
Ranked
12th among
Similar Companies
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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
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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:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Haven
Haven
2014, San Francisco (United States), Acquired
Software Platform for International Shippers
$19.2M
AITV, DCVCÌý&²¹³¾±è;Ìý
62/100
2nd
Logo for MariApps
MariApps
2014, Singapore (Singapore), Unfunded
Provider of an ERP software and maritime digital solutions for shipping companies
-
-
61/100
3rd
Logo for OOCL
OOCL
1947, Wan Chai (China), Acquired
Online platform for booking ocean cargo services
-
-
55/100
4th
Logo for Danelec
Danelec
1995, Rudersdal (Denmark), Acquired
Provider of software solutions for shipping managemnet
-
, EIC FundÌý&²¹³¾±è;Ìý
54/100
5th
Logo for Navis
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
Logo for Signal Group
Signal Group
2014, Athens (Greece), Unfunded
Provider of AI and cloud-based enterprise resource planning software for the marine industry
-
-
53/100
7th
Logo for Marcura
Marcura
2001, Dubai (United Arab Emirates), Unfunded
Private equity funds focused on shipping industry
-
-
50/100
8th
Logo for Bearing.ai
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
Logo for Veson Nautical
Veson Nautical
2003, Boston (United States), Late Stage
Provider of software solutions for the maritime industries
-
49/100
10th
Logo for Dataloy Systems
Dataloy Systems
2002, Bergen (Norway), Unfunded
Provider of software for vessel operations
-
-
48/100
12th
Logo for OpenTug
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.
•
FinSMEs•Mar 31, 2025•OpenTug, TMV
•
PR Newswire•Feb 18, 2025•OpenTug
•
Business Wire•Aug 28, 2024•Princetontmx, OpenTug
•
GeekWire•Feb 23, 2024•OpenTug, Entrada Ventures, SeaChange, Springtime Ventures and 1 other
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