About Maergo
Maergo is a company based in Austin (United States) founded in 2019.. Maergo has raised $20 million across 1 funding round from investors including Ryder, Alpine Capital Research and Deep Lake Capital. The company has 43 employees as of December 31, 2022. Maergo operates in a competitive market with competitors including OnFleet, OneRail, RideOS, Get Swift and nuVizz, among others.
- Headquarter Austin, United States
- Employees 43 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
- Legal Name Parcelcast Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Seed
Dec 07, 2022
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Investors
Ryder
& 3 more
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Employee Count
43
as on Dec 31, 2022
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Funding Insights of Maergo
Maergo has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Seed round of $20 million completed in December 2022. 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 1
- Last Round Seed — $20.0M
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First Round
First Round
(07 Dec 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - Maergo | Valuation | Deep Lake Capital |
| 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 Maergo
Maergo has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ryder, Alpine Capital Research and Deep Lake Capital. 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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Deep Lake Capital is focused on FinTech and Commerce investments.
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Founded Year | Domain | Location | |
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Fleet leasing and supply chain solutions are provided globally.
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Founded Year | Domain | Location | |
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Provider of investment management services
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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 Maergo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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.
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2016 |
Financial Statements - Maergo
| 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 |
Maergo Comparisons
Competitors of Maergo
Maergo 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 OnFleet, OneRail, RideOS, Get Swift and nuVizz, 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 |
Cloud-based software is utilized for last-mile delivery management.
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| domain | founded_year | HQ Location |
SaaS-based last-mile delivery management solutions are provided.
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| domain | founded_year | HQ Location |
Technologies for self-driving vehicle transportation ecosystems are provided.
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| domain | founded_year | HQ Location |
Software solution for planning and management of delivery operations
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| domain | founded_year | HQ Location |
Provides software solutions for managing dispatches and last-mile deliveries.
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| domain | founded_year | HQ Location |
Dispatching and route optimization software is offered for logistics.
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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 Maergo
Frequently Asked Questions about Maergo
When was Maergo founded?
Maergo was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Maergo located?
Maergo is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Maergo?
Mark Lavelle is the current CEO of Maergo.
Is Maergo a funded company?
Maergo is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Seed of $20M, raised on Dec 07, 2022.
How many employees does Maergo have?
As of Dec 31, 2022, the latest employee count at Maergo is 43.
What does Maergo do?
Maergo was founded in 2019 and is headquartered in Austin, United States. AI and SaaS-based platforms are utilized to manage first, middle, and last-mile delivery operations within the logistics sector. Services extend to multi-carrier parcel handling, real-time shipment tracking, digital marketing tools, and warehouse management support. Focus is maintained on operational efficiency for delivery networks.
Who are the top competitors of Maergo?
Who are Maergo's investors?
Maergo has 4 investors. Key investors include Ryder, Alpine Capital Research, Deep Lake Capital, and Neel Shah.
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