On July 29, 2026, Terminal, a Toronto-based telematics data integration platform for the commercial fleet industry, announced that it closed a US$20-million Series A financing led by Battery Ventures. The financing saw participation from new strategic investors Intact Private Capital and Penske and returning investors Y Combinator and Wayfinder Ventures. Terminal plans on utilizing the financing towards expanding its enterprise footprint across its core markets and building on its momentum with major industry partners.
Battery Ventures is a global, technology-focused investment firm that partners with founders and teams building companies across sectors including application software, infrastructure software, consumer, industrial tech and life science tools.
Osler, Hoskin & Harcourt LLP advised Battery Ventures with a team consisting of Shahir Guindi, Matthew Oliver, Joshua Blatt (Corporate), Olivier Dufrasne-Desbiens (Emerging and High Growth Companies) and Angela Kaiser (Intellectual Property).
Key Contact
Former National Co-Chair, Partner, Corporate, Montréal
Team
Partner, Corporate, Montréal
Associate, Emerging and High Growth Companies, Montréal
Associate, Intellectual Property, Ottawa
