Amount Raised
$2.5 Million
Round Type
Seed
Investors
Description
After selling their hospitality tech startup, Teranga, in 2018, Senegalese brothers Moustapha and Alioune Ndoye ventured into the trucking business as they pondered their next move. However, it soon became clear to them that fleet management is a major challenge, and one that largely influences the level of profits to be made by truck-owners.
Quick answer
Chargel raised $2.5 Million in a Seed round, dated April 20, 2023. Investors: Seedstars, DFS Labs, Foundation Botnar, Ventures Platform and Logos Ventures. Chargel is based in Senegal.
- How much did Chargel raise?
- Chargel raised $2.5 Million in a Seed round on April 20, 2023.
- Who invested in Chargel?
- Seedstars, DFS Labs, Foundation Botnar, Ventures Platform and Logos Ventures are named as investors in this round.
- What does Chargel do?
- Chargel brings the offline operations of trucking online, by matching the shippers to the right carriers at the right price and by reshaping the infrastructure around trucking to facilitate payments, fuel management,..
- Where is Chargel based and how big is it?
- Chargel is based in Senegal.
- Who are the decision-makers at Chargel?
- Fundz holds 1 contact at Chargel. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Logistics around the same time
Companies in the same sectors as Chargel that raised within 45 days of this round, from Fundz verified event records.
- Agraga raised $8.5M (Funding Round) on May 16, 2023.
- Zyngo raised $5M (Funding Round) on May 9, 2023.
- Warehowz raised $2.3M (Seed) on May 1, 2023.
- Slip Robotics raised $11M on April 28, 2023.
- Frayt Technologies raised $7M (Funding Round) on April 11, 2023.
- Magenta Mobility raised $22M (Funding Round) on April 5, 2023.
Who to call at Chargel, and when
A new round usually means Chargel is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Chargel raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Chargel, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Chargel. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Chargel raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Chargel raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.