What is CargoSense?
CargoSense operates at the intersection of logistics technology and data analytics, providing a robust suite of exception management software and services. By deploying a sophisticated control tower for real-time shipment visibility and proprietary QR Sensor technology, the company enables organizations to achieve unprecedented levels of supply chain resilience. Their platform is engineered to integrate seamlessly into existing workflows, allowing businesses to mitigate risks, reduce operational friction, and maintain granular control over global distribution networks. As a provider of both software and managed services, CargoSense addresses the critical need for data-driven decision-making in an increasingly volatile global trade landscape.
How much funding has CargoSense raised?
CargoSense has raised a total of $35.6M across 9 funding rounds:
Multiple Rounds
$9.1M
Private Equity
$5.3M
Private Equity
$7.3M
Debt
$150K
Debt
$221K
Series A
$8M
Private Equity
$5.6M
Other Financing Round (2015): $1M with participation from Middleburg Capital Development and Irish Angels
Angel/Seed (2015): $3.7M led by Middleburg Capital Development and Irish Angels
Private Equity (2015): $4.4M, investors not publicly disclosed
Private Equity (2016): $5.3M featuring Kiddar Capital, Argonautic Ventures, and Irish Angels
Private Equity (2017): $7.3M, investors not publicly disclosed
Debt (2020): $150K with participation from PPP
Debt (2021): $221K led by PPP
Series A (2024): $8M supported by Lanza techVentures, Merck Global Health Innovation Fund, SmoothBrain, and Pallet Alliance
Private Equity (2026): $5.6M, investors not publicly disclosed
Key Investors in CargoSense
Irish Angels
A network of Notre Dame investors focusing on seed and Series A stage startups, providing collaborative support and founder-friendly guidance to foster long-term growth.
Middleburg Capital Development
A private equity firm established in 2012 that manages assets across various business stages, offering equity and debt financing to enhance enterprise value.
Kiddar Capital
A private investment firm that structures strategic equity investments across real estate and technology sectors, leveraging an entrepreneurial structure to drive organic growth.
What's next for CargoSense?
With the recent influx of capital, CargoSense is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise logistics sector. The company is expected to leverage these resources to enhance its AI-driven predictive analytics capabilities and broaden its integration ecosystem. By focusing on deep-tier visibility and automated exception resolution, CargoSense aims to transition from a specialized service provider to an indispensable infrastructure layer for global supply chain management. Future growth will likely center on scaling managed services to support larger multinational clients, further cementing its role as a leader in supply chain digital transformation.
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