Tech Company Financing Transactions
PayCargo Funding Round
PayCargo closed a $125 million Series B venture capital round on 6/16/2021. Investors included Insight Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
6/16/2021
Transaction Type
Venture Equity
Amount
$125,000,000
Round
Series B
Investors
Insight Venture Partners (Lead Investor) (Ryan Hinkle)
Proceeds Purpose
The Series A funding was used to expand adoption of its electronic payments network and accelerate investments in its technology.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
201 Alhambra Cir. 711
Coral Gables, FL 33134
USA
Coral Gables, FL 33134
USA
Phone
Website
Email Address
Overview
PayCargo is the number one financial platform for moving money and vital remittance information between payers and vendors. PayCargo's online solution allows you to move cargo faster and reduce payment costs more than any other platform available.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eduardo Del Riego
Chief Financial Officer
Henry Del Riego
Chief Operating Officer
Juan Dieppa
Chief Technical Officer
Douglas Schmidt
VP - Bus. Development
Lionel van der Walt
VP - Bus. Development
Thomas Vieweg
VP - General Counsel
Jason Weber
VP - Human Resources
Marta Ramirez
VP - Operations
Leonardo Hanon
VP - Sales
Ken Nieze
VP - Sales
Timothy Walton
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Prev: 6/16/2021: The Pill Club venture capital transaction
Next: 6/16/2021: Lightspeed Microscopy venture capital transaction
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About Database of VC Transactions
We do our best to record all VC transactions involving tech companies. VC transactions reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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