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Rectangle

Rectangle

Private
Chicago, IllinoisMobility, Transportation & Logisticshttps://rectanglehq.com/

Last Round

Seed

Apr 9, 2024

Total Funding Raised

$2.5M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

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

Sector

Mobility, Transportation & Logistics

Verticals

Logistics Software, Supply Chain, Data Integration, API Management, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

logistics data integrationsupply chain automationunified APIfreight techlogistics APIshipment trackingelectronic data interchangeEDIdata normalizationworkflow automationlogistics softwarefreight broker softwareAI-powered logisticssupply chain visibilityB2B SaaSlogistics infrastructure

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Rectangle Comparables

Compare Rectangle with similar companies based on industry and business-model similarity.

Rectangle comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Chain.io
82%
Cleo
76%
project44
69%

Rectangle Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedApr 9, 2024
AcceleratorMar 1, 2024

Key People

Founding team and executive leadership

Matt Salefski

Co-Founder CEO

Founding Team

Rectangle Investors

Notable investors and investment history

Rectangle investors
InvestorRounds
Autotech VenturesSeed
Illini AngelsAccelerator
Rock Yard VenturesSeed
Y CombinatorAccelerator

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 20, 2026

    Monthly visitors grew 102% MoM, from 147 to 297.

  • Dec 22, 2025

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

Rectangle Filings

Explore SEC and related filing metadata, where available.

Rectangle filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Rectangle a public or private company?

Rectangle is a private company.

What is the current stock price of Rectangle?

Rectangle is a private company with no public stock price. No recent secondary market data is available.

How much is Rectangle worth (valuation)?

Valuation information for Rectangle is not publicly available.

Can I buy Rectangle stock?

Rectangle shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Rectangle's last funding round?

Rectangle's most recent funding round was Seed on February 14, 2024.

Who are the main investors in Rectangle?

Key investors in Rectangle include Illini Angels.

Will Rectangle IPO soon?

No public IPO plans have been announced for Rectangle.

How can I track Rectangle secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Rectangle's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersChicago, Illinois
Employee Range4
Year Founded2023
Last FundingApr 9, 2024

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