Cargomatic Overview
- Year Founded
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2013
- Status
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Acquired/Merged
- Employees
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222
- Latest Deal Type
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Series C
- Latest Deal Amount
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$69M
- Investors
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2
Cargomatic General Information
Description
Operator of a digital freight marketplace designed to connect shippers with carriers for local and regional freight transportation. The company's platform offers drayage, intermodal shipping, full-truckload, less-than-truckload, and white-glove delivery services through smart routing and bundling technology, enabling businesses to streamline supply chain operations and reduce logistics costs.
Contact Information
Website
www.cargomatic.com(Operating Subsidiary)
Corporate Office
- 211 East Ocean Boulevard
- Suite 350
- Long Beach, CA 90802
- United States
Corporate Office
- 211 East Ocean Boulevard
- Suite 350
- Long Beach, CA 90802
- United States
Cargomatic Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC (Series C) | 01-Jun-2022 | $69M | Completed | Generating Revenue | ||
| 9. Secondary Transaction - Private | 23-Mar-2022 | Completed | Generating Revenue | |||
| 8. Later Stage VC | Completed | Generating Revenue | ||||
| 7. Later Stage VC (Series B) | 21-Jun-2021 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 15-Aug-2018 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A2) | 06-Mar-2017 | Completed | Startup | |||
| 4. Early Stage VC (Series A1) | 28-Oct-2015 | Completed | Startup | |||
| 3. Early Stage VC (Series A) | 16-Jan-2015 | Completed | Startup | |||
| 2. Seed Round | 18-Sep-2013 | $1.34M | $1.54M | Completed | Startup | |
| 1. Seed Round | 19-Mar-2013 | $200K | $200K | Completed | Startup |
Cargomatic Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series A | ||||||||
| Series B-5 | ||||||||
| Series B-4 | ||||||||
| Series B-3 | ||||||||
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | 1,796,976 | $0.000010 | 8% | $2.11 | $2.11 | 1x | $2.11 | 1.3% |
| Seed 1 | 2,398,040 | $0.000010 | 8% | $0.56 | $0.56 | 1x | $0.56 | 1.73% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Cargomatic Comparisons
Industry
Financing
Details
Cargomatic Competitors (50)
One of Cargomatic’s 50 competitors is PostBidShip, a Venture Capital-Backed company based in Tulsa, OK.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| PostBidShip | Venture Capital-Backed | Tulsa, OK | ||||
| Stord | Venture Capital-Backed | Atlanta, GA | ||||
| Flock Freight | Venture Capital-Backed | Encinitas, CA | ||||
| uShip | Venture Capital-Backed | Austin, TX | ||||
| Freightos | Formerly VC-backed | Modiin, Israel |
Cargomatic Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Cargomatic Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Cargomatic Former Investors (44)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ACME Capital | Venture Capital | Minority | ||
| Acequia Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Bluewater Companies | Venture Capital | Minority |
Cargomatic Acquisitions (1)
Cargomatic’s most recent deal was a Merger/Acquisition with ITG Transportation Services. The deal was made on 01-Jun-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| ITG Transportation Services | 01-Jun-2024 | Merger/Acquisition | Logistics |
Cargomatic Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| ITG Transportation Services | Lisle, IL | 1986 | |
| Atlas Marine | Long Beach, CA | 1977 |
Cargomatic FAQs
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When was Cargomatic founded?
Cargomatic was founded in 2013.
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Where is Cargomatic headquartered?
Cargomatic is headquartered in Long Beach, CA.
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What is the size of Cargomatic?
Cargomatic has 222 total employees.
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What industry is Cargomatic in?
Cargomatic’s primary industry is Media and Information Services (B2B).
-
Is Cargomatic a private or public company?
Cargomatic is a Private company.
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What is the current valuation of Cargomatic?
The current valuation of Cargomatic is .
-
What is Cargomatic’s current revenue?
The current revenue for Cargomatic is .
-
How much funding has Cargomatic raised over time?
Cargomatic has raised $228M.
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Who are Cargomatic’s investors?
ACME Capital, Acequia Capital, , , and Bluewater Companies are 5 of 44 investors who have invested in Cargomatic.
-
Who are Cargomatic’s competitors?
PostBidShip, Stord, Flock Freight, uShip, and Freightos are some of the 50 competitors of Cargomatic.
-
When was Cargomatic acquired?
Cargomatic was acquired on 01-Jun-2022.
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