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
Key Metrics
Founded Year
2014
Location
Portland, United States
Stage
Deadpooled
Total Funding
$300K in 2 rounds
Latest Funding Round
Investors
Ranked
20th among 60 active competitors
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 |
View details of Cargo's funding rounds and investors
Cargo's founders and board of directors
Founder? Claim ProfileThe founders of Cargo are Matt Wallington and Chuck Jewell.
Here are the details of Cargo's key team members:
- Matt Wallington: Co-Founder & CEO of Cargo and founder of 3 other companies, Reperio, GridVid and CPUsage. Contact Info: 1 email address
- Chuck Jewell: Co-Founder, CTO of Cargo.
View details of Cargo's Founder profiles and Board Members
Cargo's employee count trend
Cargo has 8 employees as of Apr 26. Here is Cargo's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sonatus 2018, Sunnyvale (United States), Series B | Developer of software-defined vehicle technologies, including AI-powered diagnostic and data solutions | $110M | 64/100 | |
2nd | Aeris 1992, Santa Clara (United States), Series B | Platform offering IoT solutions including connectivity, security, and device management | $30M | 61/100 | |
3rd | Provider of solutions for development, testing, and validation of embedded systems | $735K | 57/100 | ||
4th | Banma Network Technology 2015, Shanghai (China), Series B | Connected car platform | $698M | 56/100 | |
5th | 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 | Big data analytics platform | - | - | 45/100 | |
7th | Provider of platform for managing and monitoring connected Internet of Things devices | $3.25M | 44/100 | ||
8th | Uconnect 2011, Auburn Hills (United States), Unfunded | Full-featured connected car platform | - | - | 43/100 |
9th | AGL 2012, San Francisco (United States), Unfunded | Provider of connected car ecosystem | - | - | 41/100 |
10th | Location World 2008, Quito (Ecuador), Funding Raised | Connected car solutions in Latin America | - | - | 40/100 |
20th | 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:
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