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.
- Website
- www.kargo.tech/
- 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
Investors
Ranked
1st among 12 active competitors
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:
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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 |
View details of Kargo's funding rounds and investors
Kargo's founders and board of directors
Founder? Claim ProfileHere are the details of Kargo's key team members:
- Tiger Fang: Co-Founder & CEO of Kargo. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Yodi Aditya: Former Co-Founder of Kargo and founder of 1 other company.
View details of Kargo's Founder profiles and Board Members
Kargo's employee count trend
Kargo has 287 employees as of Apr 26. Here is Kargo's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online marketplace for freight transportation services | $38.6M | 65/100 | ||
2nd | Online marketplace for road freight transportation services | $7M | 48/100 | ||
3rd | Platform for booking and managing freight shipments | $80.2M | 41/100 | ||
4th | Online marketplace for freight transportation services | $12.9M | 40/100 | ||
5th | Car Delivery Network 2008, Thame (United Kingdom), Unfunded | Provider of a cloud-based car delivery management app | - | - | 33/100 |
6th | Provides software for managing automotive transport | - | - | 26/100 | |
7th | Online booking platform for road freight transportation | - | 25/100 | ||
8th | Online platform providing auction-based backloading | - | - | 24/100 | |
9th | Offers an app-based platform providing cargo transportation services | - | - | 23/100 | |
10th | Cargo expedition and goods delivery company that helps businesses and SMEs | - | - | 23/100 |
Looking for more details on Kargo's competitors? Click here to see the top ones
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.
•
Supply-Chain Startup Doubles Down on AI and Bucks Sector’s Fundraising SlumpThe Wall Street Journal•Dec 22, 2025•Kargo
•
AirAsia’s logistics arm invests in 🇮🇩 trucking marketplaceTech in Asia•Jan 27, 2022•AirAsia, Kargo, Teleport
•
Pakistani Startup Called ‘Trukkr’ Secures $600,000 In Seed FundingTechJuice•Jul 06, 2021•Trukkr, Kargo, Cue Health, Amazon
•
Indonesian logistics startup Kargo bags USD 31 million, sets up COVID-19 relief fundKrASIA•Apr 14, 2020•Tenaya Capital, Kargo, Sequoia Capital, Intudo Ventures and 7 others
•
Coca-Cola’s VC arm invests in Indonesian logistics startup KargoTech in Asia•Mar 27, 2020•Kargo, Coca-Cola Amatil, Tenaya Capital, Sequoia Capital and 8 others
•
Martin Newman backs driverless delivery vehicle venture Kar-goRetail Technology Innovation Hub•Jan 22, 2020•Kargo
•
Indonesian startup Logisly secures seed funding led by Seedplus, othersDeal Street Asia•Aug 15, 2019•Logisly, SeedPlus, Convergence Ventures, Genesia Ventures and 11 others
•
Indonesia’s Kargo leaves stealth with $7.6M from Travis Kalanick, Sequoia and others – TechCrunchgulftomorrow.com•May 06, 2019•Kargo, Kargo, 10100, Sequoia Capital and 6 others
•
Indonesia’s Kargo comes out of stealth with $7.6M from Travis Kalanick, Sequoia and othersTechCrunch+•Mar 22, 2019•Kargo, Agaeti Venture Capital, Intudo Ventures, Zhen Fund and 5 others
•
Founded by Uber alumni and backed by Travis Kalanick, Kargo launches to tackle logistics in IndonesiaKrASIA•Mar 20, 2019•Kargo, Agaeti Venture Capital, Intudo Ventures, Zhen Fund and 5 others
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