Nuvocargo - About the company
Nuvocargo is a series B company based in New York City (United States), founded in 2018. 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 984 active competitors, including 51 funded and 61 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/
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
4th among 984 active competitors
Employee Count
65 as on Sep 30, 2026
Investment & Acquisitions
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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 | - | - | - |
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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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 27, 2023 | 4266302 | Series B | 7340039 | 8449611 | 9465059 | 6194943 |
Dec 10, 2021 | 6163792 | Series A | 2203019 | 7557530 | 9913705 | |
Apr 07, 2021 | 6031283 | Series A | 3209308 | 1582276 |
View details of Nuvocargo's funding rounds and investors
Nuvocargo's founders and board of directors
Founder? Claim ProfileNuvocargo's Board of Directors
Nuvocargo's board has 3 active members. Lauren Connolley Morton, Samuel Ross Blackman and Deepak Chhugani are independent board members.Here is the list of Nuvocargo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 6m | |
{kidigx | Independent board member | - | Current | 5y 4m |
uglqokt | Independent board member | - | Current | 7y 7m |
Nuvocargo's employee count trend
Nuvocargo has 65 employees as of Sep 26. Here is Nuvocargo's employee count trend over the years:
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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:
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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 | 74/100 | |
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 | - | 68/100 | |
4th | Nuvocargo 2018, New York City (United States), Series B | Tech-enabled freight forwarding service provider | $75.6M | 59/100 | |
5th | Provider of tech-enabled multi-modal freight forwarding services | $46M | 62/100 | ||
6th | ModivCare 1986, Denver (United States), Public | Provider of logistics and transportation services | - | 62/100 | |
7th | Zencargo 2017, London (United Kingdom), Series B | Provider of digital freight forwarding and supply chain management services | $66.4M | 60/100 | |
8th | Full Truck Alliance 2017, Guiyang (China), Public | Tech-enabled freight forwarding service provider | $1.69B | 60/100 | |
9th | Tech enabled trucking services | $413M | 59/100 | ||
10th | Provider of freight forwarding customs brokerage trucking and warehousing services | $2.55M | 59/100 |
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
Media has covered Nuvocargo for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Nuvocargo acquires Mentum to supercharge its AI agent roadmapFreightWaves•Oct 29, 2025•Mentum, Nuvocargo
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Nuvocargo acquires South Carolina-based 3PLFreightWaves•Apr 23, 2025•Nuvocargo, Merge Transportation
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Nuvocargo secures $36.5M in Series B funding roundLatamList•Jun 28, 2023•QED Investors, Nuvocargo, Amador, Tiger Global Management and 5 others
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Logistics startup Nuvocargo brings on new head of engineering, former Shopify executive SimmonsAmerican Journal of Transportation•Oct 11, 2022•Nuvocargo
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Logistics startup Nuvocargo announces the launch of its platform for carriers focused on simplifying financial processesPR Newswire•Jul 01, 2022•Nuvocargo
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Former Uber Exec Joins Fast-Growing Logistics Startup Nuvocargo as Head of PeopleRad AI•Jan 19, 2022•Uber, Nuvocargo
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Logistics Startup Nuvocargo Raises US$20.5 millionContxto•Dec 14, 2021•Nuvocargo, NFX, QED Investors, Tiger Global Management and 1 other
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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
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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
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