Terminal

Summary active Updated Jul 30, 2026

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Location Toronto, Ontario, Canada
Founded 2023
Latest Stage Series A
Total Raised $26M
Website https://terminal.io
Sector
logistics transportation data-infrastructure insurtech fleet-management

Investors

Andrew Dudum ~2017 (2017)
Jack Abraham Series B (2016)
Chester Ng 2016 (2016)
Battery Ventures series-a (2026)
Y Combinator series-a (2026)
Atomic ~2017 (2017)

About

Terminal is a Toronto-based data infrastructure company providing a single integration layer that aggregates and normalizes real-time and historical data from more than 325 telematics service providers, covering GPS location, safety events, vehicle diagnostics, fuel usage, and dash camera media 1. Founded in 2023, the company sells to Fortune 500 customers across insurance, fleet management, and logistics, enabling them to access unified telematics data without building and maintaining hundreds of one-off integrations 2.

Funding History

Date Round Amount Lead Co-investors
2026-07-29 Series A $20M Battery Ventures Intact Private Capital, Penske, Y Combinator, Wayfinder Ventures 12

The Series A brings Terminal’s total funding to $26M since founding 2. Marcus Ryu, a Battery Ventures general partner and former CEO of Guidewire Software, joined the company’s board 2.

What Investors Say

No independently sourced investor commentary beyond the announcement quote from Marcus Ryu, cited in the funding history above 2.

What Founders Say

No independently sourced founder testimonials found beyond the funding announcement.

Sources

  1. “Terminal Raises $20 Million to Scale Market-Leading Telematics Integration Technology for Fortune 500 Companies Across Insurance, Fleet Management and Logistics,” PR Newswire, July 29, 2026. Accessed July 2026. https://www.prnewswire.com/news-releases/terminal-raises-20-million-to-scale-market-leading-telematics-integration-technology-for-fortune-500-companies-across-insurance-fleet-management-and-logistics-302837250.html↩↩

  2. Sean Craig, “Toronto startup Terminal raises $20-million to become the ‘Switzerland’ of telematics trade,” The Globe and Mail, July 29, 2026. Accessed July 2026. https://www.theglobeandmail.com/business/article-toronto-startup-terminal-raises-20-million-telematics-trade/↩↩↩↩↩