What is Cargoline?
Cargoline Inc. operates within the Freight & Logistics Services sector, a critical component of global commerce. The company, which employs between 10 and 19 individuals and generates between $1 million and $5 million in revenue, is headquartered in Wood Dale, Illinois. Its focus on logistics services suggests a role in optimizing supply chains and ensuring the efficient movement of goods.
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
What's next for Cargoline?
The substantial backing, particularly the recent strategic investment, indicates Cargoline is poised for significant scaling and operational enhancement. This late-stage funding likely supports strategic initiatives such as expanding service offerings, enhancing technological infrastructure, or increasing market penetration. The company's ability to attract such capital suggests strong investor confidence in its business model and future growth prospects within the competitive logistics landscape.
See full Cargoline company page
