# OpenTug funding: rounds and investors

> OpenTug has raised $2.2M across 1 round since 2025. Investors include Ada Ventures, TMV and Stout Street Capital. Every round with its source.

Source: https://millionrounds.com/company/opentug (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *OpenTug*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IT Services

Funding summary Updated 26 Oct 2026

**$2.2M** raised across 1 round since 2025, from 1 source

- **Latest round:** Venture, $2.2M Mar 2025
- **Investors:** 4

See who backed them

## The rounds

- **Mar 2025** Venture **$2.2M** [Ada Ventures](https://millionrounds.com/fund/ada-ventures) [TMV](https://millionrounds.com/fund/tmv) [Stout Street Capital](https://millionrounds.com/fund/stout-street-capital) [SpringTime Ventures](https://millionrounds.com/fund/springtime-ventures) Source recorded

## Founders and team

From OpenTug's own website: 17 on the team.

- **Jason Aristides** CEO
- **Luciano de la Iglesia** CTO
- **Michael Baldwin** COO
- **Alan Apte** Head of AI
- **David Carey** Head of Implementation and Project Management
- **Alexa Norris** Senior Marketing Manager
- **Ansel Colvin** Senior Software Engineer
- **Ashay Mehta** Software Development Engineer
- **Davyn Cox** Software Development Engineer
- **Emily Kondziola** Software Development Engineer
- **Greg Callaghan** Customer Success Manager
- **Kris Struble** Dry Cargo Sales Lead
- **Mitch Melton** Director of Business Development
- **Quintin Sweeney** AI Support Engineer
- **Ramon Carlos** Director of Engineering
- **Ryan Evans** Frontend Team Lead
- **Vedant Gandhi** Software Development Engineer

## Everyone who backed them

[Ada Ventures](https://millionrounds.com/fund/ada-ventures) VC firm **1** round

[TMV](https://millionrounds.com/fund/tmv) VC firm **1** round

[Stout Street Capital](https://millionrounds.com/fund/stout-street-capital) VC firm **1** round

[SpringTime Ventures](https://millionrounds.com/fund/springtime-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=opentug).

## Also claim to have backed them

This firm lists OpenTug as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Breakwater Ventures](https://millionrounds.com/fund/breakwater-ventures) VC firm Per its own site

## Quick answers about OpenTug

### Who invested in OpenTug?

OpenTug's investors include Ada Ventures, TMV, Stout Street Capital and SpringTime Ventures.

### How much has OpenTug raised?

OpenTug has raised $2.2M across 1 round since 2025.

### When did OpenTug last raise?

OpenTug's most recent round was a Venture of $2.2M in Mar 2025.

### What was OpenTug's biggest round?

Its most recent round, $2.2M in Mar 2025, is also its largest on record.

### Who backed OpenTug first?

OpenTug's first round on record, in Mar 2025, was backed by Ada Ventures, TMV and Stout Street Capital and 1 others.

### What stage is OpenTug at?

OpenTug's latest named round is a Venture, in Mar 2025.

### Where is OpenTug based?

OpenTug is based in the United States.

## Companies like OpenTug

In the same sector, and raised in the last eighteen months.

[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**Negosh** $3.1M · Oct 2026](https://millionrounds.com/company/negosh)[**StarLifter** $4.0M · Oct 2026](https://millionrounds.com/company/starlifter)[**Litewave.AI** $1.7M · Oct 2026](https://millionrounds.com/company/litewave-ai)

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