Nuvocargo - About the company
Nuvocargo is a series B company based in New York City (United States), founded in 2018 by Deepak Chhugani and Sam Blackman. It operates as a Tech-enabled freight forwarding service provider. Nuvocargo has raised $75.6M in funding from investors like QED Investors, Y Combinator and Tiger Global Management, with a current valuation of $*****. The company has 813 active competitors, including 50 funded and 55 that have exited. Its top competitors include companies like Flexport, Forto and Jungheinrich.
Company Details
Tech-enabled freight forwarding service provider. It is a tech-enabled freight forwarder & customs broker, primarily focussing on cross-border transportation. Through the online platform, users can provide logistics requirements, receive & book quotes as well as manage & track services in real time.
- Website
- www.nuvocargo.com/
- Social
Key Metrics
Founded Year
2018
Location
New York City, United States
Stage
Series B
Total Funding
$75.6M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 27, 2023
Investors
Ranked
5th among 813 active competitors
Employee Count
69 as on Jun 30, 2026
Investment & Acquisitions
Legal entities associated with Nuvocargo
Nuvocargo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NUVOCARGO INC. CIN: 5609638 , United States, Active | Aug 23, 2019 | - | - | - |
Sign up to download Nuvocargo's company profile
Nuvocargo's funding and investors
Nuvocargo has raised a total funding of $75.6M over 7 rounds. Its first funding round was on Feb 08, 2018. Its latest funding round was a Series B round on Jun 27, 2023 for $*****. 11 investors participated in its latest round. Nuvocargo has 23 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Nuvocargo:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 27, 2023 | 1457855 | Series B | 6236341 | 2388050 | 6583894 | 3266935 |
Dec 10, 2021 | 8548492 | Series A | 9538463 | 2217146 | 6735441 | |
Apr 07, 2021 | 4336093 | Series A | 1636099 | 8397907 |
Access funding benchmarks and valuations. Sign up today!View details of Nuvocargo's funding rounds and investors
Nuvocargo's founders and board of directors
Founder? Claim ProfileThe founders of Nuvocargo are Deepak Chhugani and Sam Blackman.
Here are the details of Nuvocargo's key team members:
- Deepak Chhugani: Founder/CEO of Nuvocargo. They serve on the board of 1 company.
- Sam Blackman: Co-founder and advisor of Nuvocargo.
Nuvocargo's Board of Directors
Nuvocargo's board has 3 active members. Deepak Chhugani, Lauren Connolley Morton and Samuel Ross Blackman are independent board members.Here is the list of Nuvocargo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 2m | |
ernnrfi | Independent board member | - | Current | 6y 9m |
jqcwlap | Independent board member | - | Current | 4y 3m |
View details of Nuvocargo's Founder profiles and Board Members
Nuvocargo's employee count trend
Nuvocargo has 69 employees as of Jun 26. Here is Nuvocargo's employee count trend over the years:
Uncover Nuvocargo's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Nuvocargo's Competitors and alternates
Top competitors of Nuvocargo include Flexport, Forto and Jungheinrich. Here is the list of Top 10 competitors of Nuvocargo, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Flexport 2013, San Francisco (United States), Series E | Provider of end-to-end supply chain logistics platform | $2.5B | 81/100 | |
2nd | Provider of tech-enabled freight forwarding services | $610M | 70/100 | ||
3rd |  Jungheinrich 1953, Hamburg (Germany), Public | Provider of intralogistics solutions including material handling equipment and related services | - | 69/100 | |
4th | Tech enabled trucking services | $413M | 68/100 | ||
5th |  Nuvocargo 2018, New York City (United States), Series B | Tech-enabled freight forwarding service provider | $75.6M | 67/100 | |
6th | Zencargo 2017, London (United Kingdom), Series B | Provider of digital freight forwarding and supply chain management services | $66.4M | 64/100 | |
7th | Provider of tech-enabled multi-modal freight forwarding services | $46M | 62/100 | ||
8th |  ModivCare 1986, Denver (United States), Public | Provider of logistics and transportation services | - | 62/100 | |
9th |  Airspace 2016, Carlsbad (United States), Series D | Offers web-based cargo management solutions for the air logistics industry | $138M | 62/100 | |
10th | Ocean freight forwarding aggregator | - | - | 58/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Nuvocargo's competitors? Click here to see the top ones
Nuvocargo's Investments and acquisitions
Nuvocargo has acquired Mentum. Nuvocargo has not made any investments as of now.Reports related to Nuvocargo
Here is the latest report on Nuvocargo's sector:
News related to Nuvocargo
Filter this listMedia has covered Nuvocargo for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
•
Nuvocargo acquires Mentum to supercharge its AI agent roadmapFreightWaves•Oct 29, 2025•Mentum, Nuvocargo
•
Nuvocargo acquires South Carolina-based 3PLFreightWaves•Apr 23, 2025•Nuvocargo, Merge Transportation
•
Nuvocargo secures $36.5M in Series B funding roundLatamList•Jun 28, 2023•QED Investors, Nuvocargo, Amador, Tiger Global Management and 5 others
•
Logistics startup Nuvocargo brings on new head of engineering, former Shopify executive SimmonsAmerican Journal of Transportation•Oct 11, 2022•Nuvocargo
•
•
•
Logistics Startup Nuvocargo Raises US$20.5 millionContxto•Dec 14, 2021•Nuvocargo, NFX, QED Investors, Tiger Global Management and 1 other
•
Nuvocargo raises $20.5M at a $180M valuation to bolster trade between the US and MexicoTechCrunch+•Dec 10, 2021•Nuvocargo, Tiger Global Management, Founders Fund, QED Investors and 14 others
•
Nuvocargo Raises $12M to Modernize US/Mexico Trade, Announces Plan to Add Financial Products for ShippersYahoo•Apr 07, 2021•Nuvocargo, QED Investors, NFX, ALLVP and 4 others
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Nuvocargo
Explore our recently published companies
- Betty Spin - Unfunded company
- Amatista Belleza - Miami Beach based, Unfunded company
- Game Improvement Golf - Oak Ridge based, 2006 founded, Unfunded company
- Turbo Boost App - 2026 founded, Unfunded company
- Amato Brews - Las Vegas based, Unfunded company
- GameNinja Hub - Unfunded company
