When was PayCargo founded?

PayCargo was founded in 2005 and raised its 1st funding round 15 years after it was founded.

Where is PayCargo located?

PayCargo is headquartered in Coral Gables, United States. It is registered at Coral Gables, Florida.

How many employees does PayCargo have?

As of May 31, 2026, the latest employee count at PayCargo is 150.

Is PayCargo a funded company?

PayCargo is a funded company, having raised a total of $290M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 29, 2020.

When was the latest funding round of PayCargo?

PayCargo's latest funding was a $***** Series C round on Jun 15, 2022, with participation from 1 investor.

Where does PayCargo rank among its competitors?

PayCargo ranks 2nd amongst 44 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was JITpay ™, which secured an undisclosed amount in Feb, 2024.

Who are the top competitors of PayCargo?

PayCargo's top competitors include Loop, QuikQ and CargoSprint. Among them, JITpay ™ secured the most recent funding round in February, 2024.

PayCargo - 2026 Company Profile, Team, Funding & Competitors

PayCargo is a series C company based in Coral Gables (United States), founded in 2005 by Juan Carlos Dieppa. It operates as a Provider of a platform for logistics vendors to manage payments. PayCargo has raised $290M in funding from Insight Partners. The company has 44 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like Loop, QuikQ and CargoSprint.

Company Details

Provider of a platform for logistics vendors to manage payments. The platform offers functionalities such as invoice management, payment processing, and vendor search. It facilitates payment options and aims to streamline accounts payable and receivable workflows. The platform also provides mobile application access and API integration.

Website: paycargo.com
Social
Registered Address: Coral Gables, Florida

Key Metrics

Founded Year

2005

Location

Coral Gables, United States

Stage

Series C

Total Funding

$290M in 3 rounds

Latest Funding Round

Series C, Jun 15, 2022, $*****

Investors

Insight Partners & 1 more

Ranked

2^nd among 44 active competitors

Employee Count

150 as on May 31, 2026

Similar Companies

Loop & 58 more

View PayCargo's full profile

PayCargo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAYCARGO LLC CIN: 263699697 , United States, Active	Dec 26, 999	-	140 (As on Dec 31, 2024)	-

PayCargo has raised a total funding of $290M over 3 rounds. Its first funding round was on Sep 29, 2020. Its latest funding round was a Series C round on Jun 15, 2022 for $*****. 1 investor participated in its latest round. PayCargo has 2 institutional investors.

Here is the list of recent funding rounds of PayCargo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 15, 2022	8551938	Series C	8001533	9304341	4666292	8794626
Jun 15, 2021	3190894	Series B	4380173	1780994	3976015	3152442
Sep 29, 2020	1586617	Series A	2064623	5328403	1592800	Insight Partners

Access funding benchmarks and valuations. Sign up today!

View details of PayCargo's funding rounds and investors

The founders of PayCargo is Juan Carlos Dieppa. Eduardo Del Riego is the CEO of PayCargo.

Here are the details of PayCargo's key team members:

Juan Carlos Dieppa: Co-Founder & COO of PayCargo.
Contact Info: 1 email address
Eduardo Del Riego: CEO of PayCargo.

View details of PayCargo's Founder profiles and Board Members

PayCargo's employee count trend

PayCargo has 150 employees as of May 26. Here is PayCargo's employee count trend over the years:

Uncover PayCargo'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 PayCargo include Loop, QuikQ and CargoSprint. Here is the list of Top 10 competitors of PayCargo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Loop 2021, Chicago (United States), Series B	Provider of a logistics data platform offering freight audit and visibility	$65M	8VC, Founders Fund & 15 others	68/100
2nd	PayCargo 2005, Coral Gables (United States), Series C	Provider of a platform for logistics vendors to manage payments	$290M	Insight Partners, Blackstone	62/100
3rd	QuikQ 2008, Franklin (United States), Series B	Fuel payment solutions for the logistics industry	-	TravelCenters of America, Love's Travel Stops	49/100
4th	CargoSprint 2012, Peachtree City (United States), Acquired	Provider of solutions for cargo fee payments, appointments, and visibility	-	-	47/100
5th	LC LITE 2018, Singapore (Singapore), Acquired	Supply chain solution and service provider	-	-	43/100
6th	Eximchain 2016, Boston (United States), Deadpooled	Provider of blockchain-based supply chain management solutions	$20M	FBG Capital, Lair East Labs & 14 others	38/100
7th	Shipmnts 2015, Ahmedabad (India), Funding Raised	Global container logistics platform	-	OceanPro, ZEBOX	37/100
8th	BunkerEx 2017, London (United Kingdom), Acquired	Platform for bunker brokerage	$516K	HT Ventures, London Co-Investment Fund & 2 others	35/100
9th	TranzAct 1984, Elmhurst (United States), Unfunded	Transportation spend management and supply chain solutions provider, optimizing logistics	-	-	34/100
10th	JITpay ™ 2016, Braunschweig (Germany), Late Stage	Provider of billing, accounting, receivables management and factoring automation solutions for logistics	-	W.A.G. payment solutions	34/100