Quartermaster closed a $140M Series B, with $100M from equity investors and a separate $40M Stifel debt facility, to scale its maritime data network.
- Amount
- $100M
- Stage
- Series B
- Announced
- 28 September 2026
- Lead
- Insight Partners
- Other investors
- Overmatch Ventures, First Round Capital, Stifel
- Use of funds
- Scale production of its SmartMast real-time maritime tracking system and expand its network of sensors aboard commercial vessels.
- Valuation
- $1B
- Checked
- Amount and date matched across 2 press sources