OpenTug key facts
as of Oct 2026- Operator of a centralized marketplace specifically for marine bulk and breakbulk transportation to make the marine service industry more accessible to customers.
- OpenTug is valued at approximately $14.6M as of Oct 2026 (last reported valuation).
- It has raised $6.5M; the latest was Later Stage VC ($2.2M) in Mar 2025.
- Notable investors include TMV(Trail Mix Ventures), Stout Street Capital, Entrada Ventures, Cooperative Ventures, SpringTime Ventures — 6 tracked in total.
- Status: Privately Held (backing).
OpenTug's last reported valuation, Feb 2024. Nothing priced has surfaced since.
- ·Watch OpenTug: the Monday email on marks, rounds and moves
OpenTug funding rounds
No funding rounds for OpenTug are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
OpenTug valuation
OpenTug's last reported valuation was $14.6 million in Feb 2024. No priced round, secondary trade or fund mark has surfaced since.
OpenTug investors
6 investors are on record for OpenTug, including TMV(Trail Mix Ventures), Stout Street Capital, Entrada Ventures and Cooperative Ventures.
About OpenTug
Operator of a centralized marketplace specifically for marine bulk and breakbulk transportation to make the marine service industry more accessible to customers. The company aims to organize and increase access to transportation services by using online booking, tracking, marketing, fast and accurate quoting tools, automated position reporting, and management software to allow marine companies to better connect with customers, enabling shippers and operators both to reduce losses by automatically matching cargo to available space on marine assets.
- Sector
- Business Products and Services (B2B)
- HQ
- Seattle, WA, United States
- Founded
- 2019
- Employees
- 21
- Website
- opentug.com/
- Ownership
- Privately Held (backing)
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