Terminal49 Raises $6.5M in Series A Funding
- Terminal49, a San Francisco, CA-based provider of an ocean freight visibility platform, raised $6.5M in Series A funding
- The round was led by Stage 2 Capital and Grand Venture Partners, with follow-on participation from seed stage investors bringing to a total funding of $8.7m
- The company intends to use the funds to accelerate growth, expand operations and its business reach
- The company provides an API that pulls in real-time ocean shipment and container data from shipping lines and terminals, that moves data into a centralized and searchable dashboard
- The data is also accessible via a push-based API. Its customers have instant access to up-to-date container statuses
- The company is tracking over a million containers for hundreds of customers worldwide including Wayfair, Hillebrand, and Mazda USA
