OpenTug raises $3.1M to grow marine operator network

Capt. John

Marine logistics software provider OpenTug announced Friday it has raised $3.1 million in a seed round led by Entrada Ventures with participation by SpringTime Ventures and Stout Street Capital to enhance its technology, expand its sales initiatives and grow its network of United States marine operators.

Since its founding in 2019, the company has raised $3.15 million, including an initial seed round led by SeaChange Fund in 2023. Its most recent round has valued the company at $10.1 million,...

https://www.freightwaves.com/news/opentug-raises-3-1m-to-grow-marine-operator-network

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