Kargo Technologies, founded in 2018, is Indonesia’s largest B2B trucking platform. The company's slogan "Reimagine logistics with technology. We are hiring!" emphasizes its commitment to leveraging technology to transform the logistics industry. Kargo’s product suites facilitate seamless integration with any business, empowering supply chains to operate with greater transparency and efficiency. Notably, Kargo's workflow tools enable the pricing, tracking, and billing of freight through technology. The platform boasts a sizable network of tens of thousands of highly managed and vetted truckers and has garnered trust through reputation systems. Kargo has attracted significant clients, including some of the world's largest MNCs, major eCommerce platforms, and thousands of SME businesses. In its most recent funding round in 27 January 2022, Kargo Technologies secured investment through a Convertible Note from Teleport. The company operates within the industries of Logistics and Transportation and is headquartered in Indonesia. In summary, Kargo Technologies' innovative approach to revolutionizing the logistics industry through technology, strong client base, and strategic investment from Teleport positions it as a promising player in the Indonesian market and beyond.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | IDR144.00B | 7 | Teleport, Cypress Capital | 30 Jul 2024 |
Convertible Note | Unknown | 1 | Teleport | 27 Jan 2022 |
Non Equity Assistance | Unknown | 1 | 01 Mar 2021 | |
Series A | $31.00M | 10 | Southeast Asian fund, Coca-Cola Amatil | 13 Apr 2020 |
Corporate Round | Unknown | 1 | Amatil X Ventures | 27 Mar 2020 |
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