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. Maergo operates in a competitive market with competitors including OnFleet, OneRail, RideOS, Get Swift and nuVizz, among others.
- Headquarter Austin, United States
- Employees 43
- SectorsTransportation, Automotive & Logistics
- Website maergo.com
- Legal Name Parcelcast Llc
- Total Equity Funding$20M (USD)
in 1 rounds
- Latest Funding Round$20M (USD), Seed
Dec 2022
- InvestorsRyder
& 3 more
- Employee Count43
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 $20M
- Total Rounds 1
- Last Round Seed — $20M
- First Round $20M
(Dec 2022)
- Investors Count 4
All 1 funding rounds of Maergo 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 |
|---|---|---|---|---|---|
| Dec 2022 | $20M | Seed | – | Deep Lake Capital |
4 investors in total: 3 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Deep Lake Capital is focused on FinTech and Commerce investments. | – | deeplakecapital.com | - | |
Fleet leasing and supply chain solutions are provided globally. | 1933 | ryder.com | Miami, United States | |
Provider of investment management services | 2010 | acr-invest.com | Saint Louis, United States | |
NS Neel Shah | - | – | unknown_5cdb93fb19af4cf1a | - |
Investor details for Maergo
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People of Maergo
1 people are tracked at Maergo (1 in leadership); the tracked headcount is 43.
| Name | Role | Group |
|---|---|---|
Mark Lavelle | CEO | Leadership |
Complete people profiles for Maergo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Maergo
2 dated milestones of Maergo across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Maergo is founded.
- Funding First funding round of $20.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onfleet.com | 2012 | San Francisco, United States | $44.79M | 48 | Cloud-based software is utilized for last-mile delivery management. | |
| onerail.com | 2018 | Orlando, United States | $103.2M | 122 | SaaS-based last-mile delivery management solutions are provided. | |
| rideos.ai | 2017 | San Francisco, United States | $34M | 37 | Technologies for self-driving vehicle transportation ecosystems are provided. | |
| getswift.co | 2013 | Melbourne, Australia | $675,000 | 11 | Software solution for planning and management of delivery operations | |
| nuvizz.com | 2011 | Atlanta, United States | – | 55 | Provides software solutions for managing dispatches and last-mile deliveries. | |
| eliteextra.com | 2008 | Eau Claire, United States | – | 1,896 | Dispatching and route optimization software is offered for logistics. | |
| deliverysolutions.co | 2017 | Dallas, United States | – | – | SaaS-based last-mile delivery management is provided for e-commerce. |
Detailed competitors of Maergo
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- Full competitor set
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Latest news on Maergo
Complete news archive for Maergo
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- Full article archive
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Similar companies to Maergo
10 companies that operate in the same segment as Maergo (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 Maergo
Maergo was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Maergo is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Mark Lavelle is the current CEO of Maergo.
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 2022.
Maergo has 43 employees.
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.
Maergo has 4 investors. Key investors include Ryder, Alpine Capital Research, Deep Lake Capital, and Neel Shah.
Maergo operates through Parcelcast Llc.