Terminal provides a unified telematics integration platform and API that connects to more than 325 telematics service providers, validating incoming data with AI-powered quality checks, managing consent, and normalizing diverse formats into a consistent schema. Its platform covers GPS location, safety events, fault codes, vehicle statistics and dash camera media, enabling customers to access real-time and historical telematics without building individual integrations. Customers include commercial auto insurers, Fortune 500 fleet management and logistics companies, and financial services firms; Terminal reports multi-year deals with major insurers and says its solution can enable up to 20% savings on premiums for safe driving behavior. The company was founded in 2023, participated in Y Combinator Summer 2023, and is headquartered in Toronto. Terminal has raised $26 million in total funding and is using recent capital to expand its enterprise footprint and deepen provider partnerships across its core markets.

Total raised

$23M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2026