When was CargoSphere founded?

CargoSphere was founded in 1999.

Where is CargoSphere located?

CargoSphere is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina.

How many employees does CargoSphere have?

As of May 31, 2026, the latest employee count at CargoSphere is 8.

Is CargoSphere a funded company?

CargoSphere is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does CargoSphere rank among its competitors?

CargoSphere ranks 5th amongst 20 active competitors, of which 3 are funded. It stands 6th 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 CargoSphere?

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

CargoSphere - 2026 Company Profile & Competitors

Q: Is CargoSphere an acquired company?

CargoSphere got acquired by WiseTech Global on Sep 12, 2017.

CargoSphere is an acquired company based in Chapel Hill (United States), founded in 1999. It operates as a Cloud platform for ocean rate management, distribution, and collaboration. The company has 20 active competitors, including 3 funded and 6 that have exited. Its top competitors include companies like Xeneta, Cargofive and WebCargoNet.

Company Details

Cloud platform for ocean rate management, distribution, and collaboration. It offers a neutral rate network for container shipping, enabling efficient data management. The company's technology transforms static rate contracts into actionable data, reducing errors and eliminating outsourcing. It provides solutions for carriers, forwarders, and shippers, allowing them to control rates and tariffs effectively. The Rate Mesh facilitates confidential rate distribution in real-time, fostering collaboration among shipping partners. The platform offers easy integration and requires no IT infrastructure, streamlining rate management processes. It is a SaaS solution that helps businesses connect, quote shipments, and protect profitability.

Website: cargosphere.com
Social
Email ID: *****@cargosphere.com
Phone Number: +1 **********
Registered Address: Chapel Hill, North Carolina

Key Metrics

Founded Year

1999

Location

Chapel Hill, United States

Stage

Acquired

Ranked

5^th among 20 active competitors

Employee Count

8 as on May 31, 2026

Similar Companies

Xeneta & 18 more

Exit Details

Acquired by WiseTech Global (Sep 12, 2017)

View CargoSphere's full profile

CargoSphere is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PLANET TRADERS INC CIN: 61563325 , Belgium, Active	Dec 26, 999	-	21 (As on Dec 31, 2022)	-

CargoSphere got acquired by WiseTech Global on Sep 12, 2017 at an acquisition amount of $*****.

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

CargoSphere has not raised any funding rounds yet.

CargoSphere's employee count trend

CargoSphere has 8 employees as of May 26. Here is CargoSphere's employee count trend over the years:

Uncover CargoSphere's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of CargoSphere include Xeneta, Cargofive and WebCargoNet. Here is the list of Top 10 competitors of CargoSphere, 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, Investinor & 9 others	68/100
2nd	Cargofive 2018, Lisbon (Portugal), Acquired	Cloud based automation and freight rate optimization software for freight forwarders	$4.75M	Techstars, Shilling & 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	Portrix Logistic Software 2010, Hamburg (Germany), Acquired	Software solutions for freight transportation	-	-	31/100
7th	7LFreight 2006, Wilsonville (United States), Acquired	Cloud platform for air and inland freight rate management and booking	-	-	31/100
8th	WebCargo 2008, Badalona (Spain), Unfunded	Freight sales management solutions for forwarders, airlines, and ocean liners	-	-	31/100
9th	Freightcrate 2016, Mumbai (India), Seed	Provider of freight rate management solutions	$394K	Shekama Family Trust, Augusta Consultants ... & 16 others	30/100
10th	OKARGO 2014, Marseille (France), Unfunded	Cloud based platform offering ocean freight rate management solutions	-	-	29/100