About Nuvocargo
Nuvocargo is a Transportation, Automotive & Logistics company based in New York (United States) founded in 2018 by Sam Blackman and Deepak Chhugani. Tech-enabled freight forwarding service provider. Nuvocargo has raised $75.62 million across 7 funding rounds from investors including Flexport, FJ Labs and QED Investors. Nuvocargo has completed 1 acquisition, including Mentum. Nuvocargo was last valued at $180 million in December 2021. Its chief executive, as recorded, is Deepak Chhugani. Its website nuvocargo.com draws about 11 thousand monthly visits. Nuvocargo offers products and services including Managed Transportation, Freight Brokerage, Customs Services, and Technology Platform. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its legal entity is NUVOCARGO INC. Its competitors include ModivCare, Knight Transportation and ODW Logistics.
Company details
Nuvocargo was founded in 2018 and is headquartered in New York, United States. Operations are centered in the logistics sector, where tech-enabled freight forwarding and customs brokerage services are provided, with a primary focus on cross-border transportation. An online platform is utilized by users to submit logistics requirements, obtain and book quotes, and manage and track services in real time.
- Headquarters New York, United States
- Founders Sam Blackman, Deepak Chhugani
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website nuvocargo.com
- Social LinkedIn X Facebook Instagram
- Legal Name Nuvocargo Inc.
Products & Services of Nuvocargo
Nuvocargo offers a comprehensive portfolio of products and services, including Managed Transportation, Freight Brokerage, Customs Services, and Technology Platform.
AI-driven solution to reduce freight spend and boost supply chain efficiency.
Expert solutions for US-Mexico shipping with enhanced visibility and compliance.
Streamlined border clearance to minimize delays and improve trade efficiency.
AI-powered TMS for managing North American freight operations.
Funding Insights of Nuvocargo
Nuvocargo has successfully raised a total of $75.62M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $36.5 million completed in June 2023. 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 $75.62M
- Total Rounds 7
- Last Round Series B — $36.5M
- Investors Count 23
All 7 funding rounds of Nuvocargo 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 |
|---|---|---|---|---|---|
| Jun 2023 | $36.5M | Series B | – | QED Investors | |
| Dec 2021 | $20.5M | Series A | $180M | Tiger Global Management | |
| Apr 2021 | $12M | Series A | – | QED Investors | |
| Apr 2020 | $5.3M | Seed | – | NFX, ALLVP | |
| Sep 2018 | $1.2M | Seed | – | – | |
| Jun 2018 | $120,000 | Seed | – | Y Combinator | – |
| Feb 2018 | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $180M | •••••••• |
Last known valuation $180M (Dec 2021). 23 investors in total: 16 institutional and 7 angel.
Investors in Nuvocargo
Nuvocargo has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flexport, FJ Labs and QED Investors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in early-stage start-ups | qedinvestors.com | Alexandria, United States | ||
Venture capital firm offering funding and tools for startups in technology and investment sectors. | nfx.com | |||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital firm focused on tech sectors | allvp.com | Mexico City, Mexico | ||
Family office and venture capital firm focused on growth equity and startups | Mexico City, Mexico | |||
Venture capital investments are focused on Latin American markets. | amador.holdings | |||
Venture capital investments are made in Latin American startups. | magmapartners.com | |||
MAYA Capital is focused on early-stage investments in Latin America. | maya.capital | |||
Venture capital firm investing in companies founded by immigrants. | onewayvc.com | |||
Capital and counsel are provided to mission-driven founders by Homebrew. | homebrew.co | Burlingame, United States |
Investor details for Nuvocargo
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People of Nuvocargo
35 people are tracked at Nuvocargo (9 in leadership, 26 in team).
| Name | Role | Group |
|---|---|---|
Sam Blackman | Co-Founder | Leadership |
Deepak Chhugani | Co-Founder & CEO | Leadership |
Luis García | VP Of Marketplace En Nuvocargo | Leadership |
Claudio González | VP Of Growth And Business Development | Leadership |
Luis Eduardo Torres | Head of Finance & Business Operations | Leadership |
Justin Diaz | Director Of Sales (us) | Leadership |
Jay Gerard | Head of Customs | Leadership |
Cristobal Mendoza | Director, Supply Chain Solutions | Leadership |
Rich Solarte | Director, GTM | Leadership |
Paula Rabade | Strategy & Business Operations | Team |
María Fernanda Flores Ortiz | Treasury & Operations | Team |
Nare G. | Jr Customer Operations Reps | Team |
Germán Valle I. | Business Development Manager | Team |
Martha Karina Alfaro Hernández | Operations Representative | Team |
Fabiana Latorre | Strategy and Business Operations | Team |
Luis Felipe Loyo Alarcón | Senior Sales Executive | Team |
Sebastián Bringas | Sales Development Representative | Team |
Bernardo Reynal | Sales Excecutive | Team |
César Alvite | Strategy & Finance | Team |
Enrique Pérez Escobar | SMB Sales | Team |
15 more people are available in the full profile.
Complete people profiles for Nuvocargo
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Investments & Acquisitions by Nuvocargo
Nuvocargo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mentum.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Integrated API solutions for capital markets are provided. | getmentum.com | San Francisco, United States | 2021 | Oct 2025 | •••• |
Complete acquisition details for Nuvocargo
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Timeline of Nuvocargo
5 dated milestones of Nuvocargo across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Nuvocargo is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $36.5M.
- Acquisition Acquires Mentum.
Competitors of Nuvocargo
Nuvocargo has 3 listed competitors in our database. They include ModivCare, Knight Transportation and ODW Logistics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| modivcare.com | 1986 | Denver, United States | Logistics and transportation services are provided by ModivCare. | |||
| knighttrans.com | 1990 | Phoenix, United States | 5,971 | Multiple truckload transportation services are delivered through internet-first methods. | ||
| odwlogistics.com | 1971 | Columbus, United States | 1,132 | Freight forwarding and truck transportation services are provided online. |
Detailed competitors of Nuvocargo
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Web traffic of Nuvocargo
The website of Nuvocargo (nuvocargo.com) receives about 11K visits a month.
- Monthly visits11K
▼ 29.1% vs previous month
Websites whose visitors overlap most with Nuvocargo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| packagex.io | 100% | 38.3K | #818,294 | View details | |
| onerail.com | 100% | 21.4K | #1,315,223 | View details | |
| flow.space | 100% | 46.8K | #513,082 | View details | |
| logiwa.com | 100% | 107.5K | #385,484 | View details | |
| numalis.com | 100% | 10.3K | #2,300,914 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Nuvocargo
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- 26 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Nuvocargo (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
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 | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Related news about Nuvocargo
Complete news archive for Nuvocargo
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Frequently Asked Questions about Nuvocargo
Nuvocargo was founded in 2018.
Nuvocargo is headquartered in New York, United States. It is registered at New York, New York, United States.
Deepak Chhugani is the CEO of Nuvocargo, as recorded in our data. They have also founded this company.
Nuvocargo is a funded company, having raised a total of $75.62M across 7 funding rounds to date.
Nuvocargo was founded in 2018 and is headquartered in New York, United States. Operations are centered in the logistics sector, where tech-enabled freight forwarding and customs brokerage services are provided, with a primary focus on cross-border transportation. An online platform is utilized by users to submit logistics requirements, obtain and book quotes, and manage and track services in real time.
Nuvocargo's top competitors include ModivCare, ODW Logistics and Knight Transportation.
Nuvocargo offers Managed Transportation, Freight Brokerage, Customs Services, and Technology Platform.
Nuvocargo has made 1 acquisition, including Mentum.
Nuvocargo has 23 investors. Key investors include Flexport, FJ Labs, QED Investors, NFX, and Tiger Global.
The valuation of Nuvocargo is $180M as of Dec 2021.
Nuvocargo operates through Nuvocargo Inc..