What is Cargado?
Based in Chicago, Illinois, Cargado operates as a cross-border logistics technology company and software provider. The company is dedicated to streamlining and optimizing the complexities of international shipping and supply chain management through innovative software solutions. Cargado's platform aims to provide greater visibility, efficiency, and control for businesses engaged in global trade, addressing critical pain points in the logistics industry. The recent funding rounds indicate strong investor confidence in Cargado's business model and its capacity to disrupt the traditional logistics landscape.
How much funding has Cargado raised?
Cargado has raised a total of $18.8M across 2 funding rounds:
Angel/Seed
$6.8M
Series A
$12M
Angel/Seed (2024): $6.8M with participation from Primary Venture Partners, Ironspring, Zenda Capital, and Proeza Ventures
Series A (2025): $12M led by Assembly Ventures, Zenda Capital, Ironspring, Conversion Capital, Primary Venture Partners, LGVP Properties, Friends & Family Capital II, and Proeza Ventures
Key Investors in Cargado
Primary Venture Partners
Primary Venture Partners is a specialized seed fund that supports founders in creating innovative solutions that have yet to be realized. The firm focuses on backing companies at the critical moment before their ideas gain widespread acceptance.
Ironspring
Ironspring Ventures is an early-stage venture capital firm focused on investing in startups within the construction, manufacturing, transport & logistics, and alternative energy sectors. The firm aims to accelerate digital transformation and automation adoption across the industrial supply chain.
Zenda Capital
Zenda Capital is a pioneering investment firm based in Miami that focuses on early-stage funding for entrepreneurs developing software solutions to transform industries such as financial services, supply chain, and healthcare.
What's next for Cargado?
With the recent major strategic investment and a substantial total funding amount of $18.8M, Cargado is poised for accelerated expansion. The company is likely to focus on enhancing its technology platform, expanding its market reach, and potentially forging new strategic partnerships within the global logistics ecosystem. This Series A financing, following earlier seed-stage backing, suggests Cargado is moving into a scaling phase, aiming to solidify its position as a leader in cross-border logistics technology. Future developments may include further platform innovation, talent acquisition, and increased market penetration.
See full Cargado company page
