What is Terminal?
Founded in 2017 and headquartered in San Francisco, California, Terminal offers a comprehensive solution for businesses seeking to establish world-class remote engineering teams. The platform provides the necessary services and infrastructure to accelerate the deployment of these teams, positioning Terminal as a key player in the evolving landscape of distributed workforces and global talent acquisition. The company's approach addresses the growing demand for specialized engineering talent by streamlining the process of building and managing remote operations.
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, Kleiner Perkins, Cherubic Ventures, Atomic, Lightspeed Venture Partners, Craft Ventures, and 8VC
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 lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that raises dedicated funds and invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
Craft Ventures
Craft Ventures is a venture firm focused on building great companies, particularly in the B2B technology sector. The firm is comprised of former founders and operators who provide valuable insights and access to senior talent for early-stage companies.
What's next for Terminal?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Terminal. This capital infusion is expected to fuel further development of its platform, enhance its service offerings, and expand its market reach. With a focus on enabling businesses to build remote engineering capabilities efficiently, Terminal is poised to capitalize on the increasing trend towards globalized talent pools and distributed work models. Future strategic initiatives will likely involve scaling operations, forging new partnerships, and solidifying its competitive advantage in the tech-enabled services sector.
See full Terminal company page
