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Cargo - About the company

Cargo is a deadpooled company based in Portland (United States), founded in 2014 by Matt Wallington and Chuck Jewell. It operates as an Open connected car platform. Cargo has raised $300K in funding. The company has 60 active competitors, including 15 funded and 9 that have exited. Its top competitors include companies like Sonatus, Aeris and Vector.

Company Details

Cargo is an IoT platform enabling developers to create automotive focused applications. It provides an OBD device that connects cars to the US-based Intelligent Transportation System, other surrounding cars, and the internet. It also provides cloud infrastructure and a common API, so that third parties can use the data and create their own apps on the platform.
Website
cargo.ai
Social
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Key Metrics
Founded Year
2014
Location
Portland, United States
Stage
Deadpooled
Total Funding
$300K in 2 rounds
Latest Funding Round
Ranked
Employee Count
8 as on Apr 30, 2026
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Cargo's funding and investors

Cargo has raised a total funding of $300K over 2 rounds. Cargo has 3 institutional investors.

Here is the list of recent funding rounds of Cargo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 15, 2014
4643708
Seed
6623942
7224830
3918177
8363454
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Cargo's founders and board of directors

Founder? Claim Profile
The founders of Cargo are Matt Wallington and Chuck Jewell.
Here are the details of Cargo's key team members:

Cargo's employee count trend

Cargo has 8 employees as of Apr 26. Here is Cargo's employee count trend over the years:
Employee count trend for Cargo
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Cargo's Competitors and alternates

Top competitors of Cargo include Sonatus, Aeris and Vector. Here is the list of Top 10 competitors of Cargo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sonatus
Sonatus
2018, Sunnyvale (United States), Series B
Developer of software-defined vehicle technologies, including AI-powered diagnostic and data solutions
$110M
64/100
2nd
Logo for Aeris
Aeris
1992, Santa Clara (United States), Series B
Platform offering IoT solutions including connectivity, security, and device management
$30M
61/100
3rd
Logo for Vector
Vector
1988, Stuttgart (Germany), Early Stage
Provider of solutions for development, testing, and validation of embedded systems
$735K
57/100
4th
Logo for Banma Network Technology
Banma Network Technology
2015, Shanghai (China), Series B
Connected car platform
$698M
56/100
5th
Logo for Airlinq
Airlinq
2010, San Ramon (United States), Series B
IoT and SaaS-based provider of application development solutions for connected ecosystems
$23.2M
55/100
6th
Logo for Warrous
Warrous
2017, India, Unfunded
Big data analytics platform
-
-
45/100
7th
Logo for Bytebeam
Bytebeam
2019, Bengaluru (India), Seed
Provider of platform for managing and monitoring connected Internet of Things devices
$3.25M
44/100
8th
Logo for Uconnect
Uconnect
2011, Auburn Hills (United States), Unfunded
Full-featured connected car platform
-
-
43/100
9th
Logo for AGL
AGL
2012, San Francisco (United States), Unfunded
Provider of connected car ecosystem
-
-
41/100
10th
Logo for Location World
Location World
2008, Quito (Ecuador), Funding Raised
Connected car solutions in Latin America
-
-
40/100
20th
Logo for Cargo
Cargo
2014, Portland (United States), Deadpooled
Open connected car platform
$300K
33/100
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Cargo's Investments and acquisitions

Cargo has made no investments or acquisitions yet.

Reports related to Cargo

Here is the latest report on Cargo's sector:

FAQs about Cargo

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