About Cargo X
Cargo X is a company based in Sao Paulo (Brazil) founded in 2013 by Dmytro Kormakov. Cargo X has raised $372.82 million across 6 funding rounds from investors including Tencent, SoftBank Group and Blackstone. Cargo X offers products and services including Logistics Platform and Partnership Program.
- Total Equity Funding$372.82M (USD)
in 6 rounds
- Latest Funding Round$200M (USD), Series F
Oct 2021
- InvestorsTencent
& 15 more
Products & Services of Cargo X
Cargo X offers a comprehensive portfolio of products and services, including Logistics Platform and Partnership Program.
Digital tool for managing cargo operations and tracking risks efficiently.
Program offering personalized services and secure payment solutions for partners.
Apps and channels of Cargo X
its YouTube channel Cargo X has 8.81K subscribers and 30 videos.
Videos from Cargo X
The most watched videos on Cargo X's YouTube channel, Cargo X (8.81K subscribers). Click a video to play it here.
More on Cargo X.
Funding Insights of Cargo X
Cargo X has successfully raised a total of $372.82M across 6 strategic funding rounds. The most recent funding activity was a Series F round of $200 million completed in October 2021. 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 $372.82M
- Total Rounds 6
- Last Round Series F — $200M
- First Round $10M
(Jul 2016)
- Investors Count 16
All 6 funding rounds of Cargo X with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $200M | Series F | $1B | SoftBank Group, Tencent | |
| Jun 2020 | $2.82M | Series E | – | Pattac | – |
| Apr 2020 | $80M | Series E | – | LGT Group | |
| Aug 2018 | $60M | Series D | – | Blackstone, Hudson Structured | |
| Nov 2017 | $20M | Series C | – | Goldman Sachs Investment Partners | |
| Jul 2016 | $10M | Series B | – | Goldman Sachs Investment Partners |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2021 | $1B | •••••••• |
Last known valuation $1B (Oct 2021). 16 investors in total: 14 institutional and 2 angel.
Investors in Cargo X
Cargo X has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Tencent, SoftBank Group and Blackstone.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth equity and venture capital are applied to tech sectors. | – | valorcapitalgroup.com | New York, United States | |
Investments are directed toward growth-stage companies generating scalable impact. | 2009 | lightrock.com | London, United Kingdom | |
Multiple investment strategies are pursued by this hedge fund. | 1986 | faralloncapital.com | San Francisco, United States | |
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Sector agnostic VC arm investing in early-stage startups | – | agility.com/en/agility-ventures/ | Kuwait City, Kuwait | |
Expansion-stage VC firm that invests in the US, Middle East and Europe | – | lumiacapital.com | San Francisco, United States | |
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
Investments are directed toward multiple sectors via fund of funds. | 1981 | group.softbank | Minato City, Japan | |
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China | |
- | – | mfooikos.tcc.mode | - |
Investor details for Cargo X
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 Cargo X
7 people are tracked at Cargo X (6 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Dmytro Kormakov | Co-Founder | Leadership |
Federico Vega | CEO | Leadership |
Daniel Ferraz | Chief Financial Officer | Leadership |
Fábio Lobo | Head of Transportation | Leadership |
Matheus Jacobini | Chief Human Resources Officer | Leadership |
Kauê Miglioranza Santos | Head of Business Strategy & Marketing | Leadership |
Michele Gomes | Key Account Manager Ll | Team |
Complete people profiles for Cargo X
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Cargo X
4 dated milestones of Cargo X across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Cargo X is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series F, of $200.0M.
- Milestone Reaches Unicorn status.
Web traffic of Cargo X
The website of Cargo X (cargox.com.br) receives about 2K visits a month.
- Monthly visits2K
▼ 44.9% vs previous month
Websites whose visitors overlap most with Cargo X. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rangel.com | 100% | 53.6K | #578,316 | View details | |
| logisticsplus.com | 94% | 41.4K | #774,831 | View details | |
| cargoson.com | 93% | 151.1K | #304,578 | View details | |
dclcorp.com | dclcorp.com | 93% | – | #317,915 | – |
| tpl.com.br | 73% | – | #486,589 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Cargo X
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Cargo X
Complete news archive for Cargo X
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Cargo X
10 companies that operate in the same segment as Cargo X (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Cargo X
Cargo X was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Cargo X is headquartered in Sao Paulo, Brazil.
Cargo X is a funded company, having raised a total of $372.82M across 6 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Jul 2016.
CargoX is an online marketplace that connects shippers with carrierstruckersbrokers for freight transportation services across Brazil. Shippers can generate quotes by providing shipments details (such as pick-updelivery locationstimings, type of load to be moved, etc), book and track services in real-time. Offers a driver app management portals for business to manage operations. Claims to use machine learning algorithms to optimize operations and provide data-driven analytics. Notable clients include Heineken, Unilever, Nestle, and Whirlpool.
Cargo X offers Logistics Platform and Partnership Program.
Cargo X has 16 investors. Key investors include Tencent, SoftBank Group, Blackstone, Farallon Capital Management, and LGT Group.
The valuation of Cargo X is $1B as of Oct 2021.