When was Cargofive founded?

Cargofive was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Cargofive located?

Cargofive is headquartered in Lisbon, Portugal.

Who is the current CEO of Cargofive?

Sebastian Cazajus of Cargofive. They have also founded 1 company.

How many employees does Cargofive have?

As of May 31, 2026, the latest employee count at Cargofive is 10.

Is Cargofive a funded company?

Cargofive is a funded company, having raised a total of $4.75M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 25, 2021.

When was the latest funding round of Cargofive?

Cargofive's latest funding was a $***** Seed round on Mar 26, 2024, with participation from 2 investors.

Where does Cargofive rank among its competitors?

Cargofive ranks 2nd amongst 20 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Cargofive, which secured $2.71M in Mar, 2024.

Who are the top competitors of Cargofive?

Cargofive's top competitors include Xeneta, WebCargoNet and Booking Air Freight. Among them, Cargofive secured the most recent funding round in March, 2024.

Cargofive - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cloud-based automation and freight rate optimization software for freight forwarders. It offers an end-to-end management solution for freight forwarders. Features include pricing and freight rate management, schedule management, quote management and load matching, sales analytics, and more. It is available on a monthly subscription basis.

Website: cargofive.com
Social
Email ID: *****@cargofive.com
Phone Number: +351 **********

Key Metrics

Founded Year

2018

Location

Lisbon, Portugal

Stage

Acquired

Total Funding

$4.75M in 3 rounds

Latest Funding Round

Seed, Mar 26, 2024, $*****

Investors

Techstars & 4 more

Ranked

2^nd among 20 active competitors

Employee Count

10 as on May 31, 2026

Similar Companies

Xeneta & 18 more

Exit Details

Acquired by Cargo (Mar 02, 2026)

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Cargofive got acquired by Cargo on Mar 02, 2026.

Click here to take a look at Cargofive's acquisition in detail

Cargofive has raised a total funding of $4.75M over 3 rounds. Its first funding round was on Jan 25, 2021. Its latest funding round was a Seed round on Mar 26, 2024 for $*****. 2 investors participated in its latest round. Cargofive has 5 institutional investors.

Here is the list of recent funding rounds of Cargofive:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 26, 2024	1179537	Seed	1212426	2002743	7834197	2194340
Jun 06, 2023	8480850	Seed	7912493	4025923	6427521	3584187
Jan 25, 2021	2959434	Seed	5169740	4795114	Techstars	7175837

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View details of Cargofive's funding rounds and investors

The founders of Cargofive are Juan Francisco Garabato, Andrea Van Der Biest and Sebastian Cazajus. Sebastian Cazajus is the CEO of Cargofive.

Here are the details of Cargofive's key team members:

Juan Francisco Garabato: Co-Founder of Cargofive.
Andrea Van Der Biest: Coo / Co-Founder of Cargofive.
Sebastian Cazajus: Co-Founder & CEO of Cargofive.
Contact Info: 1 email address

View details of Cargofive's Founder profiles and Board Members

Cargofive's employee count trend

Cargofive has 10 employees as of May 26. Here is Cargofive's employee count trend over the years:

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Top competitors of Cargofive include Xeneta, WebCargoNet and Booking Air Freight. Here is the list of Top 10 competitors of Cargofive, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Xeneta 2012, Oslo (Norway), Series D	Provider of a freight rate market management platform	$136M	Creandum, Alliance Venture & 9 others	68/100
2nd	Cargofive 2018, Lisbon (Portugal), Acquired	Cloud based automation and freight rate optimization software for freight forwarders	$4.75M	Indico Capital Partners, Lince Capital & 3 others	53/100
3rd	WebCargoNet 2008, Barcelona (Spain), Acquired	Freight management tool for freight forwarders	-	-	46/100
4th	Booking Air Freight 2018, Hong Kong (China), Seed	Online platform for booking air freights	$150K	Betatron Venture Group, Jindal ventures	38/100
5th	CargoSphere 1999, Chapel Hill (United States), Acquired	Cloud platform for ocean rate management, distribution, and collaboration	-	-	32/100
6th	7LFreight 2006, Wilsonville (United States), Acquired	Cloud platform for air and inland freight rate management and booking	-	-	31/100
7th	Portrix Logistic Software 2010, Hamburg (Germany), Acquired	Software solutions for freight transportation	-	-	31/100
8th	Freightcrate 2016, Mumbai (India), Seed	Provider of freight rate management solutions	$394K	Augusta Consultants, Shekama Family Trust ... & 16 others	31/100
9th	WebCargo 2008, Badalona (Spain), Unfunded	Freight sales management solutions for forwarders, airlines, and ocean liners	-	-	31/100
10th	OKARGO 2014, Marseille (France), Unfunded	Cloud based platform offering ocean freight rate management solutions	-	-	28/100