What is Mastercargo?
MASTERCARGO INC. operates as a customs brokerage firm, specializing in services that ensure compliance with U.S. Customs regulations. The company actively promotes its trade partners' participation in the U.S. Customs C-TPAT cargo security program, aiming to bolster supply chain security. By focusing on efficient navigation of customs processes, MASTERCARGO INC. supports importers and exporters engaged in international commerce.
How much funding has Mastercargo raised?
Mastercargo has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Mastercargo?
The substantial late-stage funding indicates Mastercargo is poised for significant expansion and operational scaling. This capital injection is expected to fuel strategic initiatives, potentially including technology enhancements for customs compliance, broader market penetration, and strengthening its role in global supply chain security. The company's focus on C-TPAT engagement suggests a strategic direction towards becoming a leader in secure and compliant international trade facilitation.
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