About Cargofive
Cargofive is a company based in Lisbon (Portugal) founded in 2018 by Julio Avila, Andrea Van der Biest, Juan Francisco Garabato, and Sebastian Cazajus was acquired by cargo.one in March 2026. Cargofive has raised $4.75 million across 3 funding rounds from investors including cargo.one, EIT Urban Mobility and Techstars. Cargofive operates in a competitive market with competitors including Xeneta, WebCargo, CargoSphere, Portrix Logistic Software and Freightcrate, among others.
- Headquarter Lisbon, Portugal
- Founders Julio Avila, Andrea Van der Biest, Juan Francisco Garabato, Sebastian Cazajus
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Sectors
Transportation, Automotive & Logistics
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Funding Insights of Cargofive
Cargofive has successfully raised a total of $4.75M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.71 million completed in March 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.
Investors in Cargofive
Cargofive has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include cargo.one, EIT Urban Mobility and Techstars.
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Venture capital firm investing in seed & series A stage tech companies
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Urban mobility solutions are provided for cities worldwide.
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Lince Capital is engaged in venture capital fund management.
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Investor details for Cargofive
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Investments & Acquisitions by Cargofive
Investment portfolio details for Cargofive
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Financial Statements - Cargofive
Detailed financials for Cargofive
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Cargofive Comparisons
Peer comparison for Cargofive
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Competitors of Cargofive
Cargofive 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 Xeneta, WebCargo, CargoSphere, Portrix Logistic Software and Freightcrate, among others.
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Provider of a freight rate market management platform
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Provides freight sales management solutions for forwarders, airlines, and ocean liners.
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Rate and carrier management software is provided for freight forwarding.
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Software solutions for freight transportation are developed and provided.
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Provider of freight rate management solutions
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Detailed competitors of Cargofive
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Latest news on Cargofive
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Frequently Asked Questions about Cargofive
Cargofive was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Cargofive is headquartered in Lisbon, Portugal.
Sebastian Cazajus is the current CEO of Cargofive. They have also founded this company.
Cargofive is a funded company, having raised a total of $4.75M across 3 funding rounds to date.
Founded in 2018 in Lisbon, Portugal, Cargofive operates in the logistics software sector. Cloud-based solutions are offered to freight forwarders for end-to-end management, including pricing and freight rate handling, schedule oversight, quote generation, load matching, and sales analytics. Access is enabled through a monthly subscription model, supporting operational efficiency in the freight forwarding industry.
Cargofive's top competitors include Xeneta, Portrix Logistic Software and CargoSphere.
Cargofive has 6 investors. Key investors include cargo.one, EIT Urban Mobility, Techstars, Indico Capital Partners, and Lince Capital.