CargoBot - About the company
CargoBot is a series A company based in Coral Gables (United States), founded in 2016 by Catalina Machado, Fernando Correa and Gustavo Medina. It operates as a Digital freight platform connecting shippers and carriers for efficient transport. CargoBot has raised $13.9M in funding from BPBI. The company has 274 active competitors, including 47 funded and 25 that have exited. Its top competitors include companies like Uber Freight, Convoy and Truckstop.com.
Company Details
Digital freight platform connecting shippers and carriers for efficient transport. It offers smart freight solutions powered by technology and capacity, helping shippers move loads faster and more cost-effectively. The platform connects businesses with a verified network of carriers across the U.S., Canada, and Mexico, covering various freight needs, including FTL, LTL, and refrigerated. It serves companies across industries like food & beverage, construction, manufacturing, and retail, helping them move freight efficiently and reliably. The company turns freight capacity into a precision tool with intelligent optimization and predictive routing. Shippers gain competitive rates, digital logistics tools, and supply chain visibility, streamlining operations and building stronger carrier relationships. The solutions include a marketplace for shipper-carrier connections, smarter partial truckload shipping, and an all-in-one logistics platform to optimize and automate logistics operations. It is a B2B, SaaS platform.
- Website
- www.cargobot.io/
Key Metrics
Founded Year
2016
Location
Coral Gables, United States
Stage
Series A
Total Funding
$13.9M in 5 rounds
Latest Funding Round
Ranked
42nd among 274 active competitors
Employee Count
54 as on Aug 31, 2026
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CargoBot's funding and investors
CargoBot has raised a total funding of $13.9M over 5 rounds. Its first funding round was on Aug 03, 2017. CargoBot has 3 institutional investors.
Here is the list of recent funding rounds of CargoBot:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 29, 2024 | 7787973 | Series A | 3711046 | 1204129 | 7201040 | 6563478 |
Jun 21, 2023 | 5670515 | Series A | 5657416 | 2682369 | 2512285 | |
Jul 11, 2019 | 2724690 | Series A | 2265418 | 9925107 | 8979129 | 4266211 |
View details of CargoBot's funding rounds and investors
CargoBot's founders and board of directors
Founder? Claim ProfileHere are the details of CargoBot's key team members:
- Catalina Machado: Co-Founder of CargoBot. Contact Info: 1 email address
- Fernando Correa: Co-Founder & CEO of CargoBot. Contact Info: 1 email address
- Gustavo Medina: Co-Founder of CargoBot. Contact Info: 1 email address
View details of CargoBot's Founder profiles and Board Members
CargoBot's employee count trend
CargoBot has 54 employees as of Aug 26. Here is CargoBot's employee count trend over the years:
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CargoBot's Competitors and alternates
Top competitors of CargoBot include Uber Freight, Convoy and Truckstop.com. Here is the list of Top 10 competitors of CargoBot, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Uber Freight 2017, San Francisco (United States), Series B | Provider of end-to-end logistics and transportation management system solutions | $2.78B | 74/100 | |
2nd | Convoy 2015, Seattle (United States), Acquired | Digital freight network platform for the trucking industry | $828M | 73/100 | |
3rd | Truckstop.com 1995, New Plymouth (United States), Acquired | Online load board integrated with freight management functionalities | - | 68/100 | |
4th | Trucker Path 2013, San Francisco (United States), Acquired | Freight marketplace and assistance app for truckers | $21.5M | 68/100 | |
5th | RunBuggy 2016, Ontario (United States), Series B | Marketplace for car shippers and haulers | $71M | 67/100 | |
6th | uShip 2003, Austin (United States), Series D | Online marketplace connecting customers with carriers for large item transport | $54.4M | 67/100 | |
7th | Echo Global Logistics 2005, Chicago (United States), Acquired | Supply chain management serivces for enterprises | $17.3M | 67/100 | |
8th | Transfix 2012, New York City (United States), Series F | Provider of freight technology solutions for brokers and third-party logistics | $125M | 65/100 | |
9th | TrueNorth 2019, San Francisco (United States), Series B | Resource platform for new carriers in the trucking industry | $62.2M | 64/100 | |
10th | TruckSmarter 2021, San Francisco (United States), Series B | Cloud based transport management platform | $60M | 63/100 | |
42nd | CargoBot 2016, Coral Gables (United States), Series A | Digital freight platform connecting shippers and carriers for efficient transport | $13.9M | 41/100 |
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CargoBot's Investments and acquisitions
CargoBot has made no investments or acquisitions yet.
Reports related to CargoBot
Here is the latest report on CargoBot's sector:
News related to CargoBot
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Digital freight platform Cargobot lands $6M Series A to propel more global growthRefresh Miami•Jun 21, 2023•CargoBot, Total Management, Total Management, Transborder
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