FundedIQ
Financial Services

Terminal: Funding, Investors & Team (Sep 2026)

Plaid for telematics data in commercial trucking. Companies building insurance products and fleet software for trucking use their Unified API to access GPS data, safety data and vehicle stats.

www.withterminal.com LinkedIn Toronto, Canada 1-10 employees Founded 2023
Developer APIs Fleet Management Insurance Logistics Supply Chain Management Transportation B2B
Total raised
$22.6M
Rounds
2
Latest
Series A
Jul 2026

Terminal has raised $22.6M across 2 funding rounds on record, the most recent a Series A of $20.0M announced in Jul 2026.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Terminal Company Profile and Key Stats

Total funding raised
$22.6M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$20.0M in Jul 2026
Employees
1-10
reported band
Founded
2023
Headquarters
Toronto, Canada
Investors on record
13
5 named below

Latest funding round on record: Jul 2026.

Terminal Funding Rounds

Date
Round
Amount
Series A
$20.0M
Seed
$2.6M

Terminal raised $2.6M in a Seed announced in Dec 2023.

2.6 years later, a Series A of $20.0M was announced in Jul 2026.

Terminal Investors

Y Combinator Battery Ventures Golden Ventures Northside Ventures Wayfinder Ventures

13 investors are recorded in total; the 5 named above are those the record identifies.

Terminal Founders and Leadership Team

Name
Role
Contact
Connor Giles
Co-Founder, CTO
Locked
Raghav Midha
CEO
Locked

Contact details for the Terminal team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.

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Terminal Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
3,100
$2.2M
8,490
$15M

Terminal's latest round of $20.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Terminal Funding FAQs

What does Terminal do?

Plaid for telematics data in commercial trucking. Companies building insurance products and fleet software for trucking use their Unified API to access GPS data, safety data and vehicle stats.

How much funding has Terminal raised?

Terminal has raised $22.6M across 2 rounds on record. The most recent is a Series A of $20.0M announced in Jul 2026.

When did Terminal last raise funding?

Terminal's most recent funding round on record is a Series A of $20.0M, announced in Jul 2026.

Who has invested in Terminal?

Investors on record for Terminal include Y Combinator, Battery Ventures, Golden Ventures, Northside Ventures, Wayfinder Ventures. FundedIQ records 13 investors in total.

Who founded Terminal?

FundedIQ lists Connor Giles (Co-Founder, CTO) at Terminal.

Who is the CEO of Terminal?

Raghav Midha is listed as CEO at Terminal.

Where is Terminal headquartered?

Terminal is based in Toronto, Ontario, Canada.

How many employees does Terminal have?

Terminal is in the 1-10 employee band.

When was Terminal founded?

Terminal was founded in 2023.

How does Terminal's funding compare to other Financial Services startups?

Terminal's latest round of $20.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

About FundedIQ's Terminal Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Terminal is left off this page rather than filled in.

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