What is Terminal?
Founded in 2017 and headquartered in San Francisco, Terminal provides a comprehensive, tech-enabled platform designed to facilitate the rapid assembly of world-class remote engineering teams. The company addresses the core challenges of distributed work by offering a complete infrastructure solution that encompasses legal, operational, and talent-sourcing requirements. By acting as a bridge between high-growth enterprises and global technical talent, Terminal enables companies to bypass the friction of traditional hiring processes, effectively turning remote team building into a competitive advantage. Their service model is specifically engineered to support the needs of modern, high-growth firms that require immediate access to specialized skills across diverse geographic regions.
How much funding has Terminal raised?
Terminal has raised a total of $17M across 1 funding round:
Series B
$17M
Series B (2019): $17M with participation from Cathay Innovation, Cherubic Ventures, Kleiner Perkins, Lightspeed Venture Partners, 8VC, Craft Ventures, and Atomic
Key Investors in Terminal
Kleiner Perkins
Kleiner Perkins is a Menlo Park-based venture capital firm that invests in early and growth-stage technology and life-science companies, providing capital and operational support from seed through IPO.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multi-stage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure.
Craft Ventures
Craft Ventures is a venture firm focused on building B2B technology companies, led by former founders and operators who provide strategic insights and access to senior talent.
What's next for Terminal?
With this latest capital injection, Terminal is well-positioned to accelerate its product development and expand its footprint in key international markets. The strategic focus will likely center on enhancing the platform's automation capabilities and deepening its integration with enterprise-grade HR and project management tools. As the global labor market continues to evolve, Terminal's ability to provide a seamless, compliant, and efficient infrastructure for distributed teams will be paramount. Investors are betting on the company's capacity to scale its operations while maintaining the high-touch service quality that has defined its market entry. Future growth will likely involve further investment in proprietary talent-matching algorithms and the expansion of its physical and digital hub network to support a broader range of enterprise clients.
See full Terminal company page
