What is CargoSense?
CargoSense specializes in advanced exception management software designed to provide granular control over complex global supply chains. At the core of its offering is a sophisticated control tower that integrates disparate data streams to provide real-time shipment visibility. By leveraging patented QR Sensor technology, the company enables seamless data exchange, allowing logistics managers to identify and resolve bottlenecks before they impact operational efficiency. The platform is engineered for businesses that require high-fidelity data collection and customized managed services to navigate the intricacies of modern logistics. By bridging the gap between raw data and actionable intelligence, CargoSense empowers enterprises to maintain continuity in an increasingly unpredictable global market.
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
Stock/Share Issuance
$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 Argonautic Ventures, Irish Angels, and Kiddar Capital
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 Pallet Alliance, Lanza techVentures, Merck Global Health Innovation Fund, and SmoothBrain
Stock/Share Issuance (2026): $5.6M, investors not publicly disclosed
Key Investors in CargoSense
Pallet Alliance
Pallet Alliance specializes in comprehensive pallet management and logistics solutions, focusing on sourcing, design, and implementation tailored to client needs through their IntelliPallet IoT platform.
Lanza techVentures
Lanza techVentures is an early-stage venture capital firm that invests in innovative sectors including health, pharmaceuticals, and the intersection of AI and medical technology.
Merck Global Health Innovation Fund
Merck Global Health Innovation Fund is a growth investor that partners with innovative digital health and data science companies to optimize biopharmaceutical operations.
What's next for CargoSense?
With the successful closure of this latest strategic investment, CargoSense is well-positioned to accelerate its product roadmap and deepen its penetration into the enterprise logistics market. The company is expected to focus on enhancing its AI-driven predictive analytics, which will further automate the identification of supply chain disruptions. Furthermore, the influx of capital will likely support the expansion of its managed services division, allowing the firm to provide more comprehensive, white-glove support to its growing client base. As the industry continues to prioritize digital transformation and operational transparency, CargoSense remains a pivotal entity in the evolution of supply chain management, poised to leverage its robust technological foundation to capture additional market share and drive long-term value for its stakeholders.
See full CargoSense company page
