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Terminal

Terminal

Private
TorontoAI, Data & Cloud Infrastructurehttps://www.withterminal.com/

Last Round

Series A

Jul 29, 2026

Total Funding Raised

$23.6M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Terminal is a telematics data infrastructure company that provides a universal API for commercial fleet data, enabling insurers, logistics providers, and software companies to access normalized vehicle information from hundreds of telematics service providers.

Sector

AI, Data & Cloud Infrastructure

Verticals

Data Integration, Fleet Management, InsurTech, API Management

Business Model

B2B

Customer Profile

Usage-Based SaaS

AI Layer

Infrastructure

Keywords

telematics APIplaid for telematicsdata integrationunified APIfleet managementtelematics datausage-based pricingcommercial auto insurancedata normalizationinsurtechAPI infrastructurerisk assessmentlogistics softwarevehicle dataAPI aggregation

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Terminal Comparables

Compare Terminal with similar companies based on industry and business-model similarity.

Terminal comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Catena Clearing
86%
CerebrumX
81%
Motorq
78%

Terminal Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AJul 29, 2026
SeedDec 13, 2023
AcceleratorJun 1, 2023

Key People

Founding team and executive leadership

Connor Giles

Co-Founder, CTO

Founding Team

Raghav Midha

Co-Founder and CEO

Founding Team

Eran B.

Chief Operating Officer

Executive Team

Terminal Investors

Notable investors and investment history

Terminal investors
InvestorRounds
Intact Private CapitalSeries A
Northside VenturesSeed, Series A
Wayfinder VenturesSeed, Series A
The Boon FundSeed
Battery VenturesSeries A
Y CombinatorSeed, Series A, Accelerator
Golden VenturesSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 25, 2026

    Grew 18% QoQ, from 61 to 72 employees.

  • Aug 21, 2026

    Monthly visitors increased 125% MoM, reaching 26.4K.

Terminal Filings

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Terminal filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Terminal's valuation, stock price, and market status.

Is Terminal a public or private company?

Terminal is a private company.

What is the current stock price of Terminal?

Terminal is a private company with no public stock price. Caplight tracks Terminal's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is Terminal worth (valuation)?

Valuation information for Terminal is not publicly available.

Can I buy Terminal stock?

Terminal shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Terminal's last funding round?

Terminal's most recent funding round was Series A on July 29, 2026.

Who are the main investors in Terminal?

Key investors in Terminal include Battery Ventures, Golden Ventures.

Will Terminal IPO soon?

No public IPO plans have been announced for Terminal.

How can I track Terminal secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Terminal's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersToronto
Employee Range19
Year Founded2023
Last FundingJul 29, 2026

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