Zencargo

London, United Kingdom Founded: 2017 • Age: 9 yrs
AI-enabled freight forwarding services are provided for global shipments.
Annual revenue - Latest available
Total funding $66.0M 5 rounds
Employees 171 Tracked headcount
Investors 17 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Zencargo

Zencargo is a company based in London (United Kingdom) founded in 2017 by Alex Hersham. Zencargo has raised $66.04 million across 5 funding rounds from investors including Tiny VC, HV Capital and Yttrium. The company has 171 employees as of December 31, 2023. Zencargo offers products and services including Freight Forwarding Solutions and Zencargo Platform. Zencargo operates in a competitive market with competitors including Flexport, sennder, Forto, Airspace and DB Schenker, among others.

  • Headquarter London, United Kingdom
  • Employees 171 as on 31 Dec, 2023
  • Founders Alex Hersham
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Worldwide Freight Logistics Limited
  • Date of Incorporation 06 Jan, 2017
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $66.04 M (USD)

    in 5 rounds

  • Latest Funding Round
    $42.28 M (USD), Series B

    May 10, 2021

  • Investors
    Tiny VC

    & 16 more

  • Employee Count
    171

    as on Dec 31, 2023

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Products & Services of Zencargo

Zencargo offers a comprehensive portfolio of products and services, including Freight Forwarding Solutions and Zencargo Platform.

Product name locked
Category locked
Primary

Customized services for ocean, air, and road freight transport.

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AI-driven tools for tracking shipments and optimizing decisions.

People of Zencargo

Headcount 200-500
Employee Profiles 57
Employee Profiles
People
Alex Hersham
Chief Executive Officer
People
Charles Kuhn
Business Development Manager
People
Anne-Sophie Fribourg
VP of Ocean Procurement
People
Anca Matan
Operations Coordinator

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Funding Insights of Zencargo

Zencargo has successfully raised a total of $66.04M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $42.28 million completed in May 2021. 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.

Investors in Zencargo

Zencargo has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tiny VC, HV Capital and Yttrium.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital funding is provided to digital company founders.
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Yttrium is engaged in growth equity investments for B2B technology.
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Seed-stage tech-focused VC firm investing primarily in the UK
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Investor details for Zencargo

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Investments & Acquisitions by Zencargo

Investments
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Investment portfolio details for Zencargo

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Financial Statements - Zencargo

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Detailed financials for Zencargo

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Zencargo Comparisons

Zencargo Primary company
Description
AI-enabled freight forwarding services are provided for glob...
Location
London, United Kingdom
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
171
As of 2023
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Peer comparison for Zencargo

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Competitors of Zencargo

Zencargo 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 Flexport, sennder, Forto, Airspace and DB Schenker, among others.

Company Name Domain Founded year HQ Location Description
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End-to-end supply chain logistics platform and services are provided.
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Tech-enabled platform matches shippers and carriers for trucking loads.
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Tech-enabled freight forwarding services for multi-modal cargo transport are provided.
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Web-based cargo management solutions are offered for air logistics.
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Provider of integrated freight forwarding, logistics and supply chain management services
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Multi-modal freight forwarding services are provided via an AI-enabled platform.
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Detailed competitors of Zencargo

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Latest news on Zencargo

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Complete news archive for Zencargo

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Frequently Asked Questions about Zencargo

Zencargo was founded in 2017.

Zencargo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Alex Hersham is the current CEO of Zencargo. They have also founded this company.

Zencargo is a funded company, having raised a total of $66.04M across 5 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Zencargo is 171.

Zencargo was founded in 2017 in London, United Kingdom, where AI-enabled freight forwarding services are delivered. Instant quotes, booking, and tracking of shipments are supported by the platform, alongside warehousing, fulfillment, analytics, multi-modal forwarding, and supply chain optimization. Operations target the FMCG, fashion, construction, and packaging sectors, with clients such as Ribble and Catapult served.

Zencargo's top competitors include Forto, Flexport and sennder.

Zencargo offers Freight Forwarding Solutions and Zencargo Platform.

Zencargo has 17 investors. Key investors include Tiny VC, HV Capital, Yttrium, Samos Investments, and LocalGlobe.

The valuation of Zencargo is $46.41M as of Feb 2019.

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