How Much Did Cargado Raise?
Funding & Key Investors

Cargado, a Chicago-based innovator in the cross-border logistics technology sector, has successfully secured a major strategic investment to accelerate its market expansion. This latest capital injection brings the company's total funding to $18.8M, reflecting strong investor confidence in its software-driven approach to supply chain management. The most recent financing round, totaling $12M, underscores the firm's transition from early-stage development to a more aggressive scaling phase within the competitive logistics landscape.

What is Cargado?

Cargado
Business ServicesSoftware TestingFreight & Logistics Services

Cargado operates as a specialized software provider focused on the complexities of cross-border logistics. By leveraging advanced technology to streamline the movement of goods across international boundaries, the company addresses critical inefficiencies inherent in traditional supply chain operations. Its market position is defined by its ability to digitize and automate workflows that have historically relied on manual, fragmented processes. As the global economy increasingly demands transparency and speed in international trade, Cargado provides the essential digital infrastructure required to modernize these legacy systems, positioning itself as a pivotal player in the industrial technology ecosystem.

How much funding has Cargado raised?

Cargado has raised a total of $18.8M across 2 funding rounds:

2024

Angel/Seed

$6.8M

2025

Series A

$12M

Angel/Seed (2024): $6.8M with participation from Primary Venture Partners, Zenda Capital, Proeza Ventures, and Ironspring

Series A (2025): $12M led by Primary Venture Partners, LGVP Properties, Zenda Capital, Ironspring, Conversion Capital, Assembly Ventures, Proeza Ventures, and Friends & Family Capital II

Key Investors in Cargado

Ironspring

Ironspring Ventures is an early-stage venture capital firm focused on investing in startups within the construction, manufacturing, transport and logistics, and alternative energy sectors.

Assembly Ventures

Assembly Ventures is focused on the mobility sector, encompassing the physical and digital movement of people, goods, data, and energy across various domains.

Proeza Ventures

Proeza Ventures is a venture capital firm investing exclusively in the mobility space, focusing on industrial tech, smart components, and digital data services.

What's next for Cargado?

With the successful closure of this major enterprise-level funding, Cargado is well-positioned to scale its operations and deepen its technological moat. The strategic capital will likely be deployed toward enhancing its core software platform, expanding its engineering talent, and broadening its footprint in key logistics corridors. By aligning with investors who possess deep expertise in mobility and industrial automation, the company is prepared to navigate the complexities of international trade while maintaining a focus on operational efficiency. Future growth will likely center on integrating more robust data analytics and expanding its service offerings to meet the evolving demands of global shippers and carriers.

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Frequently Asked Questions Regarding Cargado Financial Insights

What are the most recent funding rounds that Cargado has completed, and what were the funding rounds?
Cargado has recently completed 2 funding rounds: Series A on Apr 7, 2025, Angel/Seed on May 10, 2024.
What is the total amount of funding Cargado has raised to date?
Cargado has raised a total of $18.8M in funding to date.
How many funding rounds has Cargado completed?
Cargado has completed 2 funding rounds.
How much funding did Cargado raise in its most recent funding round?
Cargado raised $12M in its most recent funding round.
Who are the lead investors in Cargado's latest funding round?
The lead investor in Cargado's latest funding round was Primary Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cargado's history?
The largest funding round in Cargado's history was $12M.
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