Tech Company Financing Transactions
Cargofive Funding Round
On 4/1/2024, Cargofive raised $2.7 million in funding from EIT Urban Mobility and Indico Capital Partners.
Transaction Overview
Company Name
Announced On
4/1/2024
Transaction Type
Venture Equity
Amount
$2,685,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to further innovation and enhancement of its product, to invest in Marketing & Sales for strategic expansion across Europe and the Americas. to accelerate their Product Roadmap, and to expand their logistical presence with new Ocean and Inland service integrations.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Avenue Antonio Augusto de Aguiar 17
Lisbon, 1050-012
PT
Lisbon, 1050-012
PT
Phone
Website
Email Address
Overview
Logistics experts and tech lovers shaping the future of the logistics industry. While developing an online solution to connect shippers and freight forwarders, Gencomex, we noticed that more than 95% of freight forwarders manage their operational and commercial processes manually, using Excel sheets, phone calls, and a tremendous amount of emails.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sebastian Cazajus
Chief Information Officer
Julio Avila
Chief Operating Officer
Andrea Biest
Co-Founder
Juan Garabato
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