Caplight Directory>Companies>Rectangle-preview>Rectanglehq


Rectangle

Rectangle

Private
Chicago, IllinoisEnterprise Softwarehttps://rectanglehq.com

Last Round

Seed

Feb 14, 2024

Total Funding Raised

$2M

Company Overview

Rectangle is a business/productivity software company that provides an automation infrastructure platform designed to connect the freight industry by enabling brokers, carriers, shippers, and freight tech platforms to exchange and act on information across systems.

Sector

Enterprise Software

Verticals

Logistics Software, Workflow Automation, Data Integration, Supply Chain Tracking, Freight & Transportation

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

data automationlogistics automationworkflow automationAI for logisticsfreight techlogtechdata integrationshipment trackingsupply chain visibilityreal-time visibilityunified data platformless-than-truckloadLTLtracking APIlast-mile logisticsfreight broker software

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Rectangle Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Rectangle Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 14, 2024
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Key People

Founding team and executive leadership

Matt Salefski

Co-Founder CEO

Founding Team

Rectangle Investors

Notable investors and investment history

InvestorRounds
Illini AngelsSeed
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 22, 2025

    Added RJ Logistics, a logistics SMB, as a new customer.

  • Dec 22, 2025

    Added Sunset Transportation, Inc. from the logistics industry.

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Rectangle Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Rectangle Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Rectangle's valuation, stock price, and market status.

Firmographic Details

HeadquartersChicago, Illinois
Employee Range8
Year Founded2023
Last FundingFeb 14, 2024

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