About OpenTug
OpenTug is a company based in Seattle (United States) founded in 2019 by Jason Aristides, Luciano De La Iglesia, and Michael Baldwin. OpenTug has raised $5.3 million across 3 funding rounds from investors including TMV, Entrada Ventures and Springtime Ventures. OpenTug offers products and services including BargeOS and LinerOS. OpenTug operates in a competitive market with competitors including Inttra, Veson Nautical, Ocean Freight Exchange and CoLoadX, among others.
- Headquarter Seattle, United States
- Founders Jason Aristides, Luciano De La Iglesia, Michael Baldwin
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Opentug, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5.3 M (USD)
in 3 rounds
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Latest Funding Round
$2.2 M (USD), Seed
Mar 31, 2025
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Investors
TMV
& 4 more
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Employee Count
Not available
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Products & Services of OpenTug
OpenTug offers a comprehensive portfolio of products and services, including BargeOS and LinerOS.
Platform for marine quoting and tracking to optimize logistics operations.
Tool for digitizing tariffs and streamlining booking in ocean transport.
People of OpenTug
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Funding Insights of OpenTug
OpenTug has successfully raised a total of $5.3M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in OpenTug
OpenTug has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include TMV, Entrada Ventures and Springtime Ventures.
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TMV is engaged in venture capital investments for transformative startups.
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Late-seed stage startups are invested in by Entrada Ventures.
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Seed-stage investments in US technology startups are provided.
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Investor details for OpenTug
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Investments & Acquisitions by OpenTug
Investment portfolio details for OpenTug
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Financial Statements - OpenTug
Detailed financials for OpenTug
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Opentug Comparisons
Peer comparison for OpenTug
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Competitors of OpenTug
OpenTug operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Inttra, Veson Nautical, Ocean Freight Exchange and CoLoadX, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based platform for marine carrier bookings is operated.
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Software solutions are provided for maritime voyage estimation and management.
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An AI-enabled marketplace for ocean freight bookings is operated.
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Online freight marketplace for search, booking, and real-time data provision.
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Detailed competitors of OpenTug
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Latest news on Opentug
Complete news archive for OpenTug
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Frequently Asked Questions about OpenTug
OpenTug was founded in 2019 and raised its 1st funding round 4 years after it was founded.
OpenTug is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Jason Aristides is the current CEO of OpenTug. They have also founded this company.
OpenTug is a funded company, having raised a total of $5.3M across 3 funding rounds to date.
OpenTug was founded in 2019 in Seattle, United States, focusing on the maritime logistics sector. Cloud-based solutions are provided for workflow management, including sales platform streamlining, AI-assisted quoting, vessel tracking, data analysis, and reporting. Barge capacity is offered for diverse cargo types, while a digital booking platform connects shippers, barge operators, terminals, and ports to support supply chain integration.
OpenTug's top competitors include Veson Nautical, Inttra and CoLoadX.
OpenTug offers BargeOS and LinerOS.
OpenTug has 5 investors. Key investors include TMV, Entrada Ventures, Springtime Ventures, Stout Street Capital, and SeaChange.