Avancargo Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 60

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $550K

  • Investors
  • 12

Avancargo General Information

Description

Operator of an intelligent ground freight platform intended to enhance land transport logistics and connect freight forwarders. The company's platform offers to hire load transport that brings carriers and shippers together with a system offering a better price, instant availability, traceability, and insurance system and aims to achieve a higher speed of travel management for cargo donors, adding greater security due to having a base of qualified carriers for their work, it offers competitive pricing, instant availability, and comprehensive insurance, prioritizing speed, security, and efficiency, enabling clients to track the load in real-time and digitize the document issuance process.

Contact Information

Website
www.avancargo.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Avenue Libertador 7208 Torre II
  • Office 2.13
  • Buenos Aires, Buenos Aires 1429
  • Argentina
Primary Industry
Logistics
Other Industries
Business/Productivity Software
Vertical(s)
SaaS, Mobile
Corporate Office
  • Avenue Libertador 7208 Torre II
  • Office 2.13
  • Buenos Aires, Buenos Aires 1429
  • Argentina

Avancargo Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Avancargo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC 13-Mar-2024 $550K Completed Generating Revenue
7. Secondary Transaction - Private Completed Generating Revenue
6. Later Stage VC 01-Nov-2022 Completed Generating Revenue
5. Grant 02-Aug-2021 Completed Generating Revenue
4. Accelerator/Incubator 21-Jun-2019 Completed Generating Revenue
3. Seed Round 01-Jan-2019 Completed Generating Revenue
2. Accelerator/Incubator 08-May-2018 $900K $900K Completed Generating Revenue
1. Accelerator/Incubator 10-May-2017 Completed Generating Revenue
To view Avancargo’s complete valuation and funding history, request access »

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Avancargo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an intelligent ground freight platform intended to enhance land transport logistics and connect freight forw
Logistics
Buenos Aires, Argentina
60 As of 2024

Sao Paulo, Brazil
 

Santa Cruz de la Sierra, Bolivia
 
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Avancargo Competitors (4)

One of Avancargo’s 4 competitors is Cargo X, a Venture Capital-Backed company based in Sao Paulo, Brazil.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cargo X Venture Capital-Backed Sao Paulo, Brazil
DeltaX Venture Capital-Backed Santa Cruz de la Sierra, Bolivia
Nuvocargo Venture Capital-Backed New York, NY
Humber Corporation Buenos Aires, Argentina
To view Avancargo’s complete competitors history, request access »

Avancargo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Avancargo Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Puerto Asis Corporation Minority
Angel (individual) Minority
Alaya Capital Venture Capital Minority
Angel (individual) Minority
Global Digital Innovation Network Accelerator/Incubator
You’re viewing 5 of 12 investors. Get the full list »

Avancargo Investments (1)

Avancargo’s most recent deal was a Joint Venture with Joint Venture (Avancargo / Coconut Silo). The deal was made on 05-Dec-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Joint Venture (Avancargo / Coconut Silo) 05-Dec-2022 Joint Venture Logistics
To view Avancargo’s complete investments history, request access »

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Avancargo FAQs

  • When was Avancargo founded?

    Avancargo was founded in 2017.

  • Where is Avancargo headquartered?

    Avancargo is headquartered in Buenos Aires, Argentina.

  • What is the size of Avancargo?

    Avancargo has 60 total employees.

  • What industry is Avancargo in?

    Avancargo’s primary industry is Logistics.

  • Is Avancargo a private or public company?

    Avancargo is a Private company.

  • What is the current valuation of Avancargo?

    The current valuation of Avancargo is .

  • What is Avancargo’s current revenue?

    The current revenue for Avancargo is .

  • How much funding has Avancargo raised over time?

    Avancargo has raised $2.55M.

  • Who are Avancargo’s investors?

    Puerto Asis, , Alaya Capital, , and Global Digital Innovation Network are 5 of 12 investors who have invested in Avancargo.

  • Who are Avancargo’s competitors?

    Cargo X, DeltaX, Nuvocargo, and Humber are competitors of Avancargo.

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