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.
- Headquarter Sao Paulo, Brazil
- Founders Dmytro Kormakov
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$372.82 M (USD)
in 6 rounds
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Latest Funding Round
$200 M (USD), Series F
Oct 15, 2021
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Investors
Tencent
& 15 more
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Employee Count
Not available
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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.
People of Cargo X
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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.
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.
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Investments are directed toward growth-stage companies generating scalable impact.
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Multiple investment strategies are pursued by this hedge fund.
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Investor details for Cargo X
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Investments & Acquisitions by Cargo X
Investment portfolio details for Cargo X
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Financial Statements - Cargo X
Detailed financials for Cargo X
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Cargo X Comparisons
Peer comparison for Cargo X
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Competitors of Cargo X
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Latest news on Cargo X
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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.
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.