CargoSense is a Software-as-a-Service (SaaS) startup that has carved its niche in providing advanced logistics oversight for supply chain networks. With its mission to empower customers with logistics intelligence, CargoSense offers a lens through which businesses can Monitor, Measure, and Manage shipping costs and risks effectively. By leveraging machine learning and artificial intelligence processes, it significantly reduces costs and boosts efficiency within complex supply chains, particularly in industries such as life sciences, electronics, and food & beverage. The startup's device-agnostic software and industry-tailored applications utilize the latest generation of sensor technologies to collect and visualize crucial information. CargoSense's most recent milestone was the $8.00M Series A investment from SmoothBrain, Lanza techVentures, Merck Global Health Innovation Fund, and Pallet Alliance on 12 June 2024. This investment is a testament to its potential for shaping the future of supply chain management. As CargoSense continues to grow and innovate, it is positioned to deliver impactful solutions for companies seeking to optimize their supply chain operations.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $8.00M | 4 | Pallet Alliance, Merck Global Health Innovation Fund | 12 Jun 2024 |
Seed Round | Unknown | 1 | 01 Jun 2017 | |
Seed Round | $3.41M | 3 | 09 Jun 2016 | |
Seed Round | $1.00M | - | 26 Aug 2015 | |
Venture Round | $3.67M | - | 11 Aug 2015 |
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