Catena raises $5M in a seed round led by Floating Point to enhance its API for freight data infrastructure, aiming to connect fragmented data for improved logistics services.
Sep 18, 2025•3 days ago
Amount Raised
$5 Million
Round Type
seed
Investors
True NorthTruck SmarterTalent SolversReliance PartnersOtr TransportationFreight WavesFillogicAugmentBlue Impact Supply Chain VenturesBlue MoonLiquid 2Spring Time VenturesPlug And PlayTeamworthyShaper CapitalFloating Point
Description
Catena, the universal API for telematics and logistics data, has announced a $5M seed round led by Floating Point. The funding will help connect fragmented freight data to power payments, brokers, insurance, fraud detection, and AI. Total funding has now reached $8M since the company's incorporation in January 2024. This investment will solidify Catena's position as a leader in freight data infrastructure.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers