Avancargo

Buenos Aires, Argentina Founded: 2016 • Age: 10 yrs
Shippers and carriers are connected via an online truck marketplace.

About Avancargo

Avancargo is a Transportation, Automotive & Logistics company based in Buenos Aires (Argentina) founded in 2016. Shippers and carriers are connected via an online truck marketplace. Avancargo has raised $1.5 million across 2 funding rounds from investors including Grupo Supervielle, Globant Ventures and Organizacion Roman. Avancargo offers products and services including On-Demand 3PL, 4PL Logistics Operator, and SaaS TMS. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include Gencomex, Coccolo and Transportar Online.

Company details

Avancargo was founded in 2016 in Buenos Aires, Argentina, within the logistics sector. An online platform is operated to link shippers with carriers, enabling requests for trucks possessing idle capacity near customer sites. Verified carriers are included on the platform, and real-time tracking is facilitated for shipments. Operations focus on transportation matching in the region.

Key Metrics
  • Total Equity Funding
    $1.5M (USD)

    in 2 rounds

  • Latest Funding Round
    $500K (USD), Seed

    Feb 2024

  • Investors

Products & Services of Avancargo

Avancargo offers a comprehensive portfolio of products and services, including On-Demand 3PL, 4PL Logistics Operator, and SaaS TMS.

On-Demand 3PL
Logistics Service

Provides transportation with a network of over 120,000 trucks

4PL Logistics Operator
Supply Chain Management

Administers complex logistics and compliance operations

SaaS TMS
Software Platform

Platform for freight tracking and emissions measurement

Apps and channels of Avancargo

Avancargo publishes 1 mobile app with over 100 downloads.

Avancargo Driver
Google Play Auto & Vehicles Everyone Free 100 downloads
Developer: Avancargo SA
View on Google Play

Funding Insights of Avancargo

Avancargo has successfully raised a total of $1.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.5M
  • Total Rounds 2
  • Last Round Seed β€” $500,000
  • First Round $1M

    (Sep 2019)

  • Investors Count 3

All 2 funding rounds of Avancargo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024$500,000Seed––
Sep 2019$1MSeed–Globant Ventures, Organizacion Roman
–
Valuation history

3 investors in total: 3 institutional.

Investors in Avancargo

Avancargo has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Grupo Supervielle, Globant Ventures and Organizacion Roman.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
globantventures.com
organizacionroman.com
Banking and financial services are provided by Grupo Supervielle.
1887gruposupervielle.comBuenos Aires, Argentina
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Investor details for Avancargo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Avancargo

4 people are tracked at Avancargo (3 in leadership, 1 in team).

NameRoleGroup
Diego Bertezzolo
Co-Founder & CEOLeadership
Emiliano Vainstein
Chief Financial OfficerLeadership
Pablo Mendonça Paz
Chief Sustainability OfficerLeadership
Florencia Rodriguez
Accounting LeadTeam
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Complete people profiles for Avancargo

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  • Professional contacts

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Timeline of Avancargo

3 dated milestones of Avancargo across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Avancargo is founded.
  2. Funding First funding round of $1.0M.
  3. Funding Latest funding round, Seed, of $500K.

Competitors of Avancargo

Avancargo has 3 listed competitors in our database. They include Gencomex, Coccolo and Transportar Online.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gencomex.com2013Buenos Aires, Argentina
Serves as a platform for discovering and booking international freight services efficiently.
tcoccolo.com.ar2012Santa Fe, Argentina
Offers cargo transport services for general, dangerous, and bulk loads in Argentina.
transportaronline.com2011Chilecito, Argentina
Operates a digital marketplace for truck booking services.
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Detailed competitors of Avancargo

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Avancargo

The website of Avancargo (avancargo.com) receives about 1.3K visits a month.

  • Monthly visits
    1.3K

    ▲ 95.2% vs previous month

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Related news about Avancargo

Avancargo’s US$500.000 Investment Round
Globallegalchronicle β€’ 2 years ago
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Complete news archive for Avancargo

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Frequently Asked Questions about Avancargo

Avancargo was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Avancargo is headquartered in Buenos Aires, Argentina.

Avancargo is a funded company, having raised a total of $1.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Sep 2019.

Avancargo was founded in 2016 in Buenos Aires, Argentina, within the logistics sector. An online platform is operated to link shippers with carriers, enabling requests for trucks possessing idle capacity near customer sites. Verified carriers are included on the platform, and real-time tracking is facilitated for shipments. Operations focus on transportation matching in the region.

Avancargo's top competitors include Gencomex, Coccolo and Transportar Online.

Avancargo offers On-Demand 3PL, 4PL Logistics Operator, and SaaS TMS.

Avancargo has 3 investors. Key investors include Grupo Supervielle, Globant Ventures, and Organizacion Roman.

Yes. Avancargo publishes Avancargo Driver, with over 100 downloads.

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