OpenTug, a Seattle-based startup that develops marine transportation logistics software, raised $2.2 million in a new round led by New York-based firm TMV.
- Founded in 2019, OpenTug sells a marine logistics platform that helps companies optimize freight efficiency on inland and coastal waterways by streamlining booking, quoting and tracking. Customers include barge shippers and tug operators.
- The company is led by CEO Jason Aristides, a former operations analyst with Curtin Maritime Corp; COO Michael Baldwin, who previously worked at Amazon Web Services; and CTO Luciano de la Iglesia, who spent time as a data scientist at Microsoft.
- OpenTug is one of several logistics/supply chain startups in the Seattle area helping companies move and manage physical goods. The company has raised $5.3 million to date.