About Cargo stream
Data last updated:
Cargo stream is a company based in Vilnius (Lithuania) founded in 2019. Cargo stream has raised $1.1 million across 1 funding round from investors including LitCapital. Cargo stream offers products and services including Time Slot Management, Tenders Management, Digital Forwarder, Sustainability Solutions, and Mobile App. Cargo stream operates in a competitive market with competitors including Freight Tiger, Logospot, Descartes, Shipwell and MercuryGate, among others.
- Headquarter Vilnius, Lithuania
- SectorsTransportation, Automotive & Logistics
- Website cargostream.co
- Social LinkedIn Facebook Instagram
- Legal Name Uab Kelių Sistemos
- Total Equity Funding$1.1 M (USD)
in 1 rounds
- Latest Funding Round$1.1 M (USD), Seed
Aug 10, 2023
- Investors
People of Cargo stream
3 people are tracked at Cargo stream (3 in leadership).
| Name | Role | Group |
|---|---|---|
Justas Lavišius | Chief Technology Officer | Leadership |
 Martynas Butkus | Head of Poland and Baltics | Leadership |
 Sarunas Belickas | Chief Operating Officer | Leadership |
Complete people profiles for Cargo stream
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Products & Services of Cargo stream
Cargo stream offers a comprehensive portfolio of products and services, including Time Slot Management, Tenders Management, Digital Forwarder, Sustainability Solutions, and Mobile App.
Tool for scheduling and managing logistics time slots.
Platform for organizing and tracking logistics tenders.
System for digital freight forwarding and order tracking.
Features for tracking and reducing CO2 emissions in logistics.
App for real-time communication and order management.
Apps and channels of Cargo stream
Cargo stream publishes 1 mobile app with over 100 downloads.
Funding Insights of Cargo stream
Cargo stream has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in August 2023. 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 $1.1M
- Total Rounds 1
- Last Round Seed β $1.1M
- First Round $1.1M
(10 Aug 2023)
- Investors Count 1
All 1 funding rounds of Cargo stream with amounts, post-money valuations and investors.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 10 Aug 2023 | $1.1M | Seed | – | LitCapital | β |
1 investors in total: 1 institutional.
Investors in Cargo stream
Cargo stream has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include LitCapital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
LitCapital is engaged in growth capital investments for businesses. | 2010 | litcapital.lt | Vilnius, Lithuania |
Investor details for Cargo stream
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Timeline of Cargo stream
2 dated milestones of Cargo stream across 4 years, from founding to its latest funding, stage changes and deals.
- Cargo stream is founded.
- First funding round of $1.1M.
Competitors of Cargo stream
Cargo stream 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 Freight Tiger, Logospot, Descartes, Shipwell and MercuryGate, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freighttiger.com | 2014 | Mumbai, India | $60.2M | 414 | Freight and logistics are managed via web-based platform. | |
| logi-spot.com | 2005 | Seoul, South Korea | $38.5M | – | SaaS-based transport management solutions are provided by LogiSpot. | |
| descartes.com | 1981 | Waterloo, United States | – | 508 | Cloud-based solutions for transportation and supply chain management are offered. | |
| shipwell.com | 2016 | Austin, United States | $47.1M | 127 | Online booking platform for freight transportation | |
| mercurygate.com | 2000 | Cary, United States | $200,000 | 216 | Cloud-based transportation management systems are provided for multimodal logistics. | |
| pcssoft.com | 1997 | Houston, United States | $300,000 | 87 | AI & SaaS-driven transportation management software solution provider | |
| envistacorp.com | 2002 | Carmel, United States | $27.9M | 424 | Logistics management solutions for supply chain operations are offered. | |
| avglogistics.com | 2010 | Delhi, India | $5.1M | 556 | Provider of integrated road and rail cargo transportation and warehousing solutions | |
| roserocket.com | 2015 | Toronto, Canada | $63.1M | – | A web-based transportation management system is provided for logistics operations. | |
| instafreight.de | 2016 | Berlin, Germany | $58.4M | 159 | Offers transport management solutions for road freight industry |
Detailed competitors of Cargo stream
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Latest news on Cargo Stream
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Frequently Asked Questions about Cargo stream
Cargo stream was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Cargo stream is headquartered in Vilnius, Lithuania.
Cargo stream is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Aug 10, 2023.
Cargo Stream was founded in 2019 in Vilnius, Lithuania, as a provider of SaaS-based transportation management systems. End-to-end cargo-handling processes and trucking logistics are managed through features such as order management, transport monitoring, delivery tracking, carrier task assignment, and collaboration tools for operators. eCMR documents are prepared post-loading and unloading. Android apps are offered for warehouse operators and drivers to access truck ETAs.
Cargo stream's top competitors include Freight Tiger, Descartes and AVG Logistics.
Cargo stream offers Time Slot Management, Tenders Management, Digital Forwarder, Sustainability Solutions, and Mobile App.
Cargo stream has 1 investor. Key investors include LitCapital.
Cargo stream operates through Uab KeliΕ³ Sistemos.
Yes. Cargo stream publishes Cargo.stream, with over 100 downloads.