When was Cargon founded?

Cargon was founded in 2016 and raised its 1st funding round 7 years after it was founded.

Where is Cargon located?

Cargon is headquartered in Tbilisi, Georgia.

How many employees does Cargon have?

As of May 31, 2026, the latest employee count at Cargon is 56.

Is Cargon a funded company?

Cargon is a funded company, having raised a total of $1.06M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 05, 2023.

When was the latest funding round of Cargon?

Cargon's latest funding was a $***** Seed round on Dec 19, 2023, with participation from 3 investors.

Where does Cargon rank among its competitors?

Cargon ranks 1st amongst 6 active competitors, only 1 of which is funded., of which only Cargon is funded and secured an undisclosed amount in Dec, 2023.

Who are the top competitors of Cargon?

Cargon's top competitors include Car Delivery Network, Fracht and Translive. Among them, Cargon secured the most recent funding round in December, 2023.

Cargon - 2026 Company Profile, Funding & Competitors

Company Details

Company offers a web-based marketplace connecting freight forwarders. It provides on-demand services by connecting both shippers and carriers. It also offers fast and innovative leading services with their analytical skills.

Key Metrics

Founded Year

2016

Location

Tbilisi, Georgia

Stage

Seed

Total Funding

$1.06M in 2 rounds

Latest Funding Round

Seed, Dec 19, 2023, $*****

Investors

Sturgeon Capital & 3 more

Ranked

1^st among 6 active competitors

Employee Count

56 as on May 31, 2026

Similar Companies

BlackBuck & 1034 more

View Cargon's full profile

Cargon has raised a total funding of $1.06M over 2 rounds. Its first funding round was on May 05, 2023. Its latest funding round was a Seed round on Dec 19, 2023 for $*****. 3 investors participated in its latest round. Cargon has 4 institutional investors.

Here is the list of recent funding rounds of Cargon:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 19, 2023	8359467	Seed	8343224	8001477	2538117	7565833
May 05, 2023	6639827	Seed	8092278	3033772	3736139	Techinvestor

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View details of Cargon's funding rounds and investors

Cargon's employee count trend

Cargon has 56 employees as of May 26. Here is Cargon's employee count trend over the years:

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Top competitors of Cargon include Car Delivery Network, Fracht and Translive. Here is the list of Top 10 competitors of Cargon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cargon 2016, Tbilisi (Georgia), Seed	Offers a web-based marketplace connecting freight forwarders	$1.06M	Sturgeon Capital, Caucasus Ventures & 2 others	36/100
2nd	Car Delivery Network 2008, Thame (United Kingdom), Unfunded	Provider of a cloud-based car delivery management app	-	-	33/100
3rd	Fracht 2009, Riga (Latvia), Unfunded	Provides software for managing automotive transport	-	-	26/100
4th	Translive 2022, Tbilisi (Georgia), Unfunded	App-based marketplace connecting shippers and carriers	-	-	23/100
5th	Styx 2016, Tbilisi (Georgia), Funding Raised	Provider of mobile app and SAAS platform connecting shippers, carriers	-	-	16/100
6th	Freights 2018, Thessaloniki (Greece), Deadpooled	Online freight exchanging platform for carriers and freight forwarders	-	-	15/100
7th	JitPlus 2017, Mykolaiv (Ukraine), Deadpooled	Online marketplace for freight transportation services	-	-	15/100
8th	Transportit 2022, Tbilisi (Georgia), Unfunded	Offers a web-based platform providing on-demand trucking services	-	-	14/100