When was Cargomatic founded?

Cargomatic was founded in 2013 and raised its 1st funding round within a year of its incorporation.

Where is Cargomatic located?

Cargomatic is headquartered in Long Beach, United States. It is registered at Long Beach, California.

Who is the current CEO of Cargomatic?

Richard Gerstein of Cargomatic.

How many employees does Cargomatic have?

As of Aug 31, 2026, the latest employee count at Cargomatic is 257.

Is Cargomatic a funded company?

Cargomatic is a funded company, having raised a total of $49.7M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 18, 2013.

When was the latest funding round of Cargomatic?

Cargomatic's latest funding was a $***** Series B round on Aug 15, 2018, with participation from 4 investors.

Where does Cargomatic rank among its competitors?

Cargomatic ranks 18th amongst 263 active competitors, of which 47 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was RunBuggy, which secured $40M in Sep, 2025.

Who are the top competitors of Cargomatic?

Cargomatic's top competitors include Uber Freight, Convoy and CloudTrucks. Among them, RunBuggy secured the most recent funding round in September, 2025.

Cargomatic - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of on demand trucking marketplace for drayages. It is a mobile based marketplace providing an on demand platform connecting carriers with local shippers by utilizing extra space in existing carriers. Truckers can fill empty space by getting connected with companies wanting to ship items. Shippers can submit loads and instantly find nearby trucks to service their needs. Enables real-time shipment tracking in the app. Its app is available on the Android and IOS platforms.

Website: cargomatic.com
Social
Email ID: *****@cargomatic.com
Phone Number: +1 **********
Registered Address: Long Beach, California

Key Metrics

Founded Year

2013

Location

Long Beach, United States

Stage

Series B

Total Funding

$49.7M in 7 rounds

Latest Funding Round

Series B, Aug 15, 2018, $*****

Investors

Canaan & 27 more

Ranked

18^th among 263 active competitors

Employee Count

257 as on Aug 31, 2026

Similar Companies

Uber Freight & 1064 more

View Cargomatic's full profile

Cargomatic is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CARGOMATIC, INC. CIN: 462163054 , United States, Active	Dec 31, 1999	-	199 (As on Dec 31, 2024)	-

Cargomatic has raised a total funding of $49.7M over 7 rounds. Its first funding round was on Sep 18, 2013. Its latest funding round was a Series B round on Aug 15, 2018 for $*****. 4 investors participated in its latest round. Cargomatic has 27 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Cargomatic:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 15, 2018	2352196	Series B	1542582	3465864	7062542	2336696
Feb 07, 2018	1305263	Series A	7624159	8964836	6015254	8443513
2016	5464	Series A	8446	1568	FJ Labs	9444

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View details of Cargomatic's funding rounds and investors

The founders of Cargomatic is Jonathan Kessler. Richard Gerstein is the CEO of Cargomatic.

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

Jonathan Kessler: Co-Founder of Cargomatic. They serve on the board of 1 company.
Contact Info: 1 email address
Richard Gerstein: CEO of Cargomatic.
Contact Info: 1 email address

Cargomatic's Board of Directors

Cargomatic's board has 3 active members. Jonathan Kessler, Hrach Simonian and Brett Parker are independent board members.

Here is the list of Cargomatic's board of directors:

Name	Type	Representing	Status	Duration
Jonathan Kessler	Independent board member	-	Current	12y 11m
xklmdjo	Independent board member	-	Current	1y 6m
srzxdql	Independent board member	-	Current	2y 9m

View details of Cargomatic's Founder profiles and Board Members

Cargomatic's employee count trend

Cargomatic has 257 employees as of Aug 26. Here is Cargomatic's employee count trend over the years:

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Top competitors of Cargomatic include Uber Freight, Convoy and CloudTrucks. Here is the list of Top 10 competitors of Cargomatic, ranked by Tracxn score:

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	Greenbriar Equity Group, Greenbriar & 6 others	74/100
2nd	Convoy 2015, Seattle (United States), Acquired	Digital freight network platform for the trucking industry	$828M	T. Rowe Price, Allen & Company & 54 others	73/100
3rd	CloudTrucks 2019, San Francisco (United States), Series B	Provider of web-based payment management solutions for the transportation industry	$142M	Craft Ventures, Menlo Ventures & 12 others	72/100
4th	Truckstop.com 1995, New Plymouth (United States), Acquired	Online load board integrated with freight management functionalities	-	Bregal Sagemount, LoneTree Capital & 1 others	68/100
5th	Trucker Path 2013, San Francisco (United States), Acquired	Freight marketplace and assistance app for truckers	$21.5M	Renren, SVB & 1 others	68/100
6th	Loadsmart 2014, New York City (United States), Series D	Online marketplace for booking trucking services	$384M	Maersk Growth, Chromo Invest & 22 others	67/100
7th	uShip 2003, Austin (United States), Series D	Online marketplace connecting customers with carriers for large item transport	$54.4M	Benchmark, Kleiner Perkins & 5 others	67/100
8th	Echo Global Logistics 2005, Chicago (United States), Acquired	Supply chain management serivces for enterprises	$17.3M	New Enterprise Associates, Finback Investment Partners ... & 4 others	67/100
9th	RunBuggy 2016, Ontario (United States), Series B	Marketplace for car shippers and haulers	$71M	Centana Growth Partners, SVB & 3 others	66/100
10th	Transfix 2012, New York City (United States), Series F	Provider of freight technology solutions for brokers and third-party logistics	$125M	New Enterprise Associates, G Squared & 13 others	65/100
18th	Cargomatic 2013, Long Beach (United States), Series B	Provider of on demand trucking marketplace for drayages	$49.7M	Canaan, Volvo Group & 26 others	55/100