What is Terminal?
Founded in 2017 and headquartered in San Francisco, Terminal operates as a specialized platform designed to solve the complexities of building world-class remote engineering teams. The company provides a complete, end-to-end solution that encompasses everything from talent sourcing and vetting to the provision of operational infrastructure. By acting as a bridge between high-growth enterprises and top-tier global talent, Terminal addresses the critical need for agility in modern software development. Its market position is defined by its ability to offer a turnkey service that reduces the time-to-hire while ensuring that distributed teams remain cohesive, productive, and aligned with the core objectives of the parent organization.
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 Cherubic Ventures, Craft Ventures, Cathay Innovation, Lightspeed Venture Partners, 8VC, Atomic, and Kleiner Perkins
Key Investors in Terminal
Cherubic Ventures
Cherubic Ventures is an early-stage venture capital firm based in Silicon Valley and Greater China, focusing on investing in ambitious founders from angel to pre-IPO stages.
Craft Ventures
Craft Ventures is a venture firm focused on building great companies, particularly in the B2B technology sector, comprised of former founders and operators.
Cathay Innovation
Cathay Innovation is a global venture capital firm that supports entrepreneurs by connecting them to a worldwide ecosystem, investing in multi-stage startups.
What's next for Terminal?
With this major strategic investment, Terminal is well-positioned to deepen its technological moat and expand its footprint across key international markets. The company is expected to leverage this capital to enhance its proprietary platform features, potentially integrating advanced analytics for team performance and further automating the administrative burdens associated with cross-border employment. As the global shift toward distributed work models continues to mature, Terminal's focus will likely remain on scaling its infrastructure to support larger enterprise clients, ensuring that its service offering remains the gold standard for companies navigating the complexities of a borderless workforce. The firm's ability to maintain high-quality talent pipelines will be the primary driver of its long-term value creation.
See full Terminal company page
