About Cargado
Cargado is a company based in Chicago (United States) founded in 2023 by Rylan Hawkins and Matt Silver.. Cargado has raised $18.8 million across 2 funding rounds from investors including Ryder, LGVP and Conversion Capital. Cargado offers products and services including Cargado Platform. Cargado operates in a competitive market with competitors including FlavorCloud, Moduslink, Global Access, Zonos and Mamenta, among others.
- Headquarter Chicago, United States
- Founders Rylan Hawkins, Matt Silver
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Cargado, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.8 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Mar 26, 2025
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Investors
Ryder
& 12 more
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Employee Count
Employee Count
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Products & Services of Cargado
Cargado offers a comprehensive portfolio of products and services, including Cargado Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Invite-only system for booking and managing cross-border freight loads.
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Funding Insights of Cargado
Cargado has successfully raised a total of $18.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in March 2025. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $12.0M
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First Round
First Round
(22 Jan 2024)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - Cargado | Valuation | LGVP | |
| Jan, 2024 | Amount | Seed - Cargado | Valuation | Ty Findley , Ironspring Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cargado
Cargado has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ryder, LGVP and Conversion Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech companies
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cargado
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cargado
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cargado Comparisons
Competitors of Cargado
Cargado operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FlavorCloud, Moduslink, Global Access, Zonos and Mamenta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform offering cross border ecommerce shipping solutions
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| domain | founded_year | HQ Location |
Supply chain management services are provided for global technology firms.
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| domain | founded_year | HQ Location |
Global Access is recognized for providing eCommerce and direct sales solutions for international expansion.
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| domain | founded_year | HQ Location |
End-to-end cross-border solutions for businesses are delivered via web platform.
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| domain | founded_year | HQ Location |
Provider of SaaS-based cross-border software solutions for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cargado
Frequently Asked Questions about Cargado
When was Cargado founded?
Cargado was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Cargado located?
Cargado is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Cargado?
Matt Silver is the current CEO of Cargado. They have also founded this company.
Is Cargado a funded company?
Cargado is a funded company, having raised a total of $18.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6.8M, raised on Jan 22, 2024.
What does Cargado do?
Cargado was founded in 2023 and is based in Chicago, United States. Operations are focused on the logistics sector, where solutions for international shipping and goods transportation across borders are offered. Cross-border delivery processes are managed and streamlined through these services, supporting trade activities in various geographies. Key personnel include co-founders Rylan Hawkins and Matt Silver, with Silver serving as CEO.
Who are the top competitors of Cargado?
Cargado's top competitors include FlavorCloud, Moduslink and Zonos.
What products or services does Cargado offer?
Cargado offers Cargado Platform.
Who are Cargado's investors?
Cargado has 13 investors. Key investors include Ryder, LGVP, Conversion Capital, Assembly Ventures, and Friends & Family Capital.
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