About PayCargo
PayCargo is a company based in Coral Gables (United States) founded in 2005 by Juan Carlos Dieppa. PayCargo has raised $290 million across 3 funding rounds from investors including Blackstone and Insight Partners. PayCargo offers products and services including PayCargo Quick Pay, Invoice AI, Payer Account, PayCargo Finance, and Vendor Account. PayCargo operates in a competitive market with competitors including Loop, LC LITE, BunkerEx, JITpay ™ and Morpheus Network, among others.
- Headquarter Coral Gables, United States
- Founders Juan Carlos Dieppa
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Website paycargo.com
- Social LinkedIn X Facebook
- Legal Name Paycargo Llc
- Total Equity Funding$290M (USD)
in 3 rounds
- Latest Funding Round$130M (USD), Series C
Jun 2022
- InvestorsBlackstone
& 1 more
Products & Services of PayCargo
PayCargo offers a comprehensive portfolio of products and services, including PayCargo Quick Pay, Invoice AI, Payer Account, PayCargo Finance, and Vendor Account.
Enables instant credit card payments for invoices without an account
Streamlines accounts payable workflows using artificial intelligence
Allows payments to over 5,000 vendors for same-day cargo release
Provides credit up to $5 million with flexible payment terms
Centralizes customer payments at no cost for vendors
Offers on-the-go access to PayCargo accounts and payments
Apps and channels of PayCargo
PayCargo publishes 3 mobile apps with over 1K+ downloads.
Funding Insights of PayCargo
PayCargo has successfully raised a total of $290M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $130 million completed in June 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 $290M
- Total Rounds 3
- Last Round Series C — $130M
- First Round $35M
(Sep 2020)
- Investors Count 2
All 3 funding rounds of PayCargo 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 2022 | $130M | Series C | – | – | |
| Jun 2021 | $125M | Series B | – | Insight Partners | – |
| Sep 2020 | $35M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in PayCargo
PayCargo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Blackstone and Insight Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
Investment firm scaling software and technology companies from early to late stages. | – | insightpartners.com | - |
Investor details for PayCargo
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People of PayCargo
59 people are tracked at PayCargo (23 in leadership, 8 in board & advisors, 28 in team).
| Name | Role | Group |
|---|---|---|
Juan Carlos Dieppa | Co-Founder & COO | Leadership |
Eduardo Del Riego | CEO | Leadership |
Carolina Demi | VP Finance & Treasurer | Leadership |
Michael White | Special Advisor to CEO | Leadership |
Juan C. Dieppa | Chief Operating Officer | Leadership |
Todd Pigeon | Vice President Of Sales | Leadership |
Stephanie Toyos | Vice President Of Legal | Leadership |
Jorge Gracia | Chief Legal Officer | Leadership |
Deniz Ozturk | Director Of Sales, North America | Leadership |
Javier Gallego | Special EMEA Advisor to CEO | Leadership |
Doug Schmidt | Chief Technology & Information Officer | Leadership |
Henry Del Riego | Senior Vice President Finance | Leadership |
Marta Ramirez | Chief People Officer | Leadership |
Leonardo Hanon | VP of Operations | Leadership |
Adrie Reinders | CEO, PayCargo International | Leadership |
Giulia Imperatrice | VP, Technology Operations | Leadership |
Dennis Monts | President & COO | Paycargo Labs, LLC - Global Chief Commercial Officer | Paycargo | Leadership |
Chad Lio | Director of Growth | Leadership |
Thomas Vieweg | Chief Growth Officer | Leadership |
Javier Concha | Director Of Sales Operations | Leadership |
39 more people are available in the full profile.
Complete people profiles for PayCargo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
- Professional contacts
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Timeline of PayCargo
3 dated milestones of PayCargo across 17 years, from founding to its latest funding, stage changes and deals.
- Founded PayCargo is founded.
- Funding First funding round of $35.0M.
- Funding Latest funding round, Series C, of $130.0M.
Competitors of PayCargo
PayCargo 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 Loop, LC LITE, BunkerEx, JITpay ™ and Morpheus Network, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| loop.com | 2004 | Chicago, United States | $65M | – | Loop is focused on transportation cost management and supply chain intelligence. | |
| lclite.com | 2018 | Singapore | – | – | Supply chain solution and service provider | |
| bunker-ex.com | 2017 | London, United Kingdom | $516,380 | 10 | Online brokerage platform for ship bunkering services is operated. | |
| jitpay.eu | 2016 | Braunschweig, Germany | – | – | Provider of billing, accounting, receivables management and factoring automation solutions for logistics | |
| morpheus.network | 2017 | Taipei, Taiwan | – | 29 | Provider of blockchain and web-enabled automated global supply chain management platform | |
| eximchain.com | 2016 | Boston, United States | $20M | – | Online platform delivering sports news and articles on football updates. | |
| sinounitedco.com | 2009 | Flushing, United States | – | – | Provides blockchain-based trading technology solutions for enterprises. | |
| quikq.com | 2008 | Franklin, United States | – | 15 | Fuel payment solutions are offered for logistics truckers. | |
| netree.in | 2007 | Delhi, India | $748,201 | 6 | Mobile-based retailer engagement and smart POS solutions are provided. |
Detailed competitors of PayCargo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of PayCargo
The website of PayCargo (paycargo.com) receives about 113K visits a month and ranks #267,230 among all websites worldwide, #7,573 in Shipping and Logistics.
- Monthly visits113K
▼ 17% vs previous month
- Unique visitors35.9K
per month
- Global rank#267,230
among all websites
- Category rank#7,573
Business and Consumer Services · Shipping and Logistics
- Bounce rate31%
- Pages per visit3.3
- Average visit5 min 13 sec
- DevicesDesktop 81% · Mobile 19%
Websites whose visitors overlap most with PayCargo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| utopiax.org | 100% | – | #204,779 | View details | |
afklcargo.com | afklcargo.com | 92% | – | #146,111 | – |
| maersk.com | 92% | 5.1M | #9,995 | View details | |
| msc.com | 90% | 3M | #23,495 | View details | |
| forwardair.com | 88% | 191.7K | #224,113 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for PayCargo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Paycargo
Complete news archive for PayCargo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to PayCargo
10 companies that operate in the same segment as PayCargo (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 PayCargo
PayCargo was founded in 2005 and raised its 1st funding round 15 years after it was founded.
PayCargo is headquartered in Coral Gables, United States. It is registered at Coral Gables, Florida, United States.
Eduardo Del Riego is the current CEO of PayCargo.
PayCargo is a funded company, having raised a total of $290M across 3 funding rounds to date. The company's 1st funding round was a Series A of $35M, raised on Sep 2020.
PayCargo was founded in 2005 in Coral Gables, United States, and operates in the logistics finance sector. Cargo payment solutions are offered, including expedited release, supply chain and shipper financing, online receivables management, factoring services, API integrations, freight payment processing, and prepaid fund options. Operations focus on streamlining transactions for clients such as UPS and DHL.
PayCargo offers PayCargo Quick Pay, Invoice AI, Payer Account, PayCargo Finance, and 2 more products and services.
PayCargo has 2 investors. Key investors include Blackstone, and Insight Partners.
PayCargo operates through Paycargo Llc.
Yes. PayCargo publishes PayCargo and 2 more apps, with over 1,000 downloads.
The website of PayCargo receives about 113 thousand visits a month and ranks #267,230 among all websites worldwide.