About Cargon
Cargon is a company based in Tbilisi (Georgia) founded in 2016.. Cargon has raised $1.06 million across 2 funding rounds from investors including Aloqa Ventures, Sturgeon Capital and Caucasus Ventures. Cargon operates in a competitive market with competitors including Translive, JitPlus and Freights, among others.
- Headquarter Tbilisi, Georgia
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.06 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Aloqa Ventures
& 3 more
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Employee Count
Employee Count
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Funding Insights of Cargon
Cargon has successfully raised a total of $1.06M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(05 May 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Cargon | Valuation |
investors |
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| May, 2023 | Amount | Seed - Cargon | Valuation |
investors |
| 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 Cargon
Cargon has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Aloqa Ventures, Sturgeon Capital and Caucasus Ventures. 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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Aloqa Ventures is engaged in funding innovative tech startups.
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Founded Year | Domain | Location | |
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Sturgeon Capital is focused on investments in emerging markets.
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Founded Year | Domain | Location | |
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Early-stage investments are made in innovative startups by Caucasus Ventures.
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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 Cargon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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.
|
2016 |
Financial Statements - Cargon
| 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 |
Cargon Comparisons
Competitors of Cargon
Cargon 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 Translive, JitPlus and Freights, 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 |
Connects shippers and carriers through an app-based marketplace.
|
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for efficient freight transportation services.
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| domain | founded_year | HQ Location |
Facilitates an online platform for freight exchange between carriers and forwarders.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Cargon
Frequently Asked Questions about Cargon
When was Cargon founded?
Cargon was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Where is Cargon located?
Cargon is headquartered in Tbilisi, Georgia.
Is Cargon a funded company?
Cargon is a funded company, having raised a total of $1.06M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.06M, raised on May 05, 2023.
What does Cargon do?
Company offers a web-based marketplace connecting freight forwarders. It provides on-demand services by connecting both shippers and carriers. It also offers fast and innovative leading services with their analytical skills.
Who are the top competitors of Cargon?
Who are Cargon's investors?
Cargon has 4 investors. Key investors include Aloqa Ventures, Sturgeon Capital, Caucasus Ventures, and Techinvestor.