What is Cargoline?
Headquartered in Wood Dale, Illinois, Cargoline operates as a specialized entity within the Freight and Logistics Services sector. By leveraging a lean organizational structure of 10 to 19 employees, the company has demonstrated an impressive ability to generate annual revenues between 1M and 5M. The firm functions as a critical node in the regional distribution network, providing essential freight management solutions that facilitate the movement of goods across domestic corridors. Its market position is defined by a focus on operational efficiency and the optimization of logistics workflows, which are increasingly vital in an era of heightened demand for reliable transportation infrastructure.
How much funding has Cargoline raised?
Cargoline has raised a total of $428K across 2 funding rounds:
Debt
$150K
Debt
$278K
Debt (2020): $150K with participation from PPP
Debt (2021): $278K led by PPP
Key Investors in Cargoline
PPP
Public-Private Partnership
What's next for Cargoline?
Looking ahead, the recent capital allocation is expected to catalyze the next phase of Cargoline's growth strategy. As the company transitions through this late-stage funding cycle, management is likely to prioritize the scaling of its digital logistics platform and the expansion of its service footprint. By reinvesting the $278K into core infrastructure, Cargoline aims to enhance its competitive advantage, potentially through the integration of advanced tracking technologies or the optimization of its existing freight brokerage capabilities. The focus remains on achieving sustainable long-term profitability while maintaining the agility required to adapt to the evolving requirements of the global supply chain ecosystem.
See full Cargoline company page
