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Kargo - About the company

Kargo is a series B company based in Jakarta (Indonesia), founded in 2015 by Tiger Fang and Yodi Aditya. It operates as an Online marketplace for freight transportation services. Kargo has raised $38.6M in funding from investors like Peak XV Partners, Tenaya Capital and East Ventures. The company has 12 active competitors, including 3 that are funded. Its top competitors include companies like Logisly, Cogoport and Ritase.

Company Details

Online marketplace for freight transportation services. It provides an app and web-based platforms that enable users to search for, compare and book services from its network of partner truckers. Its features include real-time tracking, auto dispatch, and online payments.
Social
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Email ID
*****@kargo.tech
Key Metrics
Founded Year
2015
Location
Jakarta, Indonesia
Stage
Series B
Total Funding
$38.6M in 8 rounds
Latest Funding Round
Ranked
Employee Count
287 as on Apr 30, 2026
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Kargo's funding and investors

Kargo has raised a total funding of $38.6M over 8 rounds. Its first funding round was on Jun 30, 2016. Its latest funding round was a Series B round on Jul 30, 2024 for $*****. 2 investors participated in its latest round. Kargo has 14 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Kargo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 30, 2024
9305576
Series B
7051017
7344918
5463241
3974657
Jan 27, 2022
9098628
Series B
3457037
4239935
9409605
2874940
Apr 15, 2020
1834640
Conventional Debt
8418236
5646245
5031074
7240850
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Kargo's founders and board of directors

Founder? Claim Profile
The founders of Kargo are Tiger Fang and Yodi Aditya. Tiger Fang is the CEO of Kargo.
Here are the details of Kargo's key team members:

Kargo's employee count trend

Kargo has 287 employees as of Apr 26. Here is Kargo's employee count trend over the years:
Employee count trend for Kargo
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Kargo's Competitors and alternates

Top competitors of Kargo include Logisly, Cogoport and Ritase. Here is the list of Top 10 competitors of Kargo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kargo
Kargo
2015, Jakarta (Indonesia), Series B
Online marketplace for freight transportation services
$38.6M
65/100
2nd
Logo for Logisly
Logisly
2018, Jakarta (Indonesia), Series A
Online marketplace for road freight transportation services
$7M
48/100
3rd
Logo for Cogoport
Cogoport
2016, Mumbai (India), Series B
Platform for booking and managing freight shipments
$80.2M
41/100
4th
Logo for Ritase
Ritase
2018, Jakarta (Indonesia), Deadpooled
Online marketplace for freight transportation services
$12.9M
40/100
5th
Logo for Car Delivery Network
Car Delivery Network
2008, Thame (United Kingdom), Unfunded
Provider of a cloud-based car delivery management app
-
-
33/100
6th
Logo for Fracht
Fracht
2009, Riga (Latvia), Unfunded
Provides software for managing automotive transport
-
-
26/100
7th
Logo for Trukita
Trukita
2015, Jakarta (Indonesia), Acqui-Hired
Online booking platform for road freight transportation
-
25/100
8th
Logo for Kargoku
Kargoku
2015, Jakarta (Indonesia), Unfunded
Online platform providing auction-based backloading
-
-
24/100
9th
Logo for Angkut
Angkut
2020, Tangerang (Indonesia), Deadpooled
Offers an app-based platform providing cargo transportation services
-
-
23/100
10th
Logo for Troben
Troben
2019, Jakarta (Indonesia), Unfunded
Cargo expedition and goods delivery company that helps businesses and SMEs
-
-
23/100
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Kargo's Investments and acquisitions

Kargo has made no investments or acquisitions yet.

Reports related to Kargo

Here is the latest report on Kargo's sector:

News related to Kargo

Media has covered Kargo for 1 event in last 1 year.
Martin Newman backs driverless delivery vehicle venture Kar-goRetail Technology Innovation HubJan 22, 2020Kargo
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