About Pargo
Pargo is a Transportation, Automotive & Logistics company based in Cape Town (South Africa) founded in 2014. It operates as an alternative delivery via access points for online shoppers is facilitated. Pargo has raised $5.19 million across 2 funding rounds from investors including SAAD, Endeavor and UW Ventures. Its website pargo.co.za draws about 211 thousand monthly visits. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Access Point.
Company details
Pargo was founded in 2014 in Cape Town, South Africa, within the logistics sector. An alternative delivery option is offered to online shoppers, allowing packages to be directed to nearby access points for pickup. Notifications are sent via SMS or email upon arrival, with tracking available for shipments. Returns can also be processed at these centers. A network of 500 parcel points has been established across South Africa.
- Total Equity Funding$5.19M (USD)
in 2 rounds
- Latest Funding Round$4M (USD), Series A
Oct 2024
- InvestorsSAAD
& 4 more
Apps and channels of Pargo
its YouTube channel Pargo has 271 subscribers and 27 videos.
Videos from Pargo
The most watched videos on Pargo's YouTube channel, Pargo (271 subscribers). Click a video to play it here.
More on Pargo.
Funding Insights of Pargo
Pargo has successfully raised a total of $5.19M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in October 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.
- Total Funding $5.19M
- Total Rounds 2
- Last Round Series A — $4M
- First Round $1.19M
(Mar 2017)
- Investors Count 5
All 2 funding rounds of Pargo 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 |
|---|---|---|---|---|---|
| Oct 2024 | $4M | Series A | – | SAAD Investment Holdings, Endeavor | – |
| Mar 2017 | $1.19M | Seed | – | SAAD Investment Holdings |
5 investors in total: 4 institutional and 1 angel.
Investors in Pargo
Pargo has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include SAAD, Endeavor and UW Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SAAD is engaged in private equity and investment management. | – | saad.co.za | Cape Town, South Africa | |
Endeavor is focused on supporting high-impact entrepreneurs globally. | – | endeavor.org | New York, United States | |
UW Ventures is engaged in multi-stage investment activities. | – | uwventures.co | Johannesburg, South Africa | |
Tech & Energy focused Early & Growth stage Impact VC firm investing primarily in China and the US | – | tsingcapital.com | Hong Kong, China | |
JD Johan Dekker | - | – | unknown_d1d10d53f60243fd9 | - |
Investor details for Pargo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Pargo
8 people are tracked at Pargo (5 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Saarah Darries | Head Of Finance & People | Leadership |
Derk Hoekert | Director & Co-Founder & Joint CEO | Leadership |
Steven Jowell | COO | Leadership |
Lars Veul | Director & Co-Founder & Joint CEO | Leadership |
Taryn Alexander | People Business Partner | Leadership |
Rochelle-Marié Koen | Financial Accountant | Team |
Matsidiso Gugushe | Accounting Clerk | Team |
Demi Mooney | Junior Financial Accountant | Team |
Complete people profiles for Pargo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Pargo
3 dated milestones of Pargo across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Pargo is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series A, of $4.0M.
Web traffic of Pargo
The website of Pargo (pargo.co.za) receives about 211.4K visits a month.
- Monthly visits211.4K
▲ 3.9% vs previous month
Websites whose visitors overlap most with Pargo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
 amazon.co.za | amazon.co.za | 100% | – | #6,441 | – |
| thecourierguy.co.za | 90% | 3.4M | #14,467 | View details | |
fastway.co.za | fastway.co.za | 89% | – | #68,748 | – |
| linkedin.com | 86% | 1.9B | #18 | View details | |
paxi.co.za | paxi.co.za | 86% | – | #146,483 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Pargo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as Pargo (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, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
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 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
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 | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Pargo
Complete news archive for Pargo
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Frequently Asked Questions about Pargo
Pargo was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Pargo is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Pargo is a funded company, having raised a total of $5.19M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.19M, raised on Mar 2017.
Pargo was founded in 2014 in Cape Town, South Africa, within the logistics sector. An alternative delivery option is offered to online shoppers, allowing packages to be directed to nearby access points for pickup. Notifications are sent via SMS or email upon arrival, with tracking available for shipments. Returns can also be processed at these centers. A network of 500 parcel points has been established across South Africa.
Pargo has 5 investors. Key investors include SAAD, Endeavor, UW Ventures, Tsing Capital, and Johan Dekker.
The website of Pargo receives about 211 thousand visits a month.