Maergo Raises $20M To Provide Amazon-Style Fast And Cheap Air And ‘Middle Mile’ Services To Online Retailers
Amount Raised
$20 Million
Round Type
Funding Round
AustinE CommerceFashionRetailDescription
With the holiday shopping season well underway and showing signs that it might not be as sluggish as some predicted, a startup out of Austin, Texas, is announcing funding to build out a new approach to shipping, to help retailers compete against the consumer pull of fast and free Amazon Prime delivery. Maergo — which has designed a platform to manage (and fill) excess capacity on commercial aircraft with parcels, to enable faster and cheaper shipping for the retailers selling those items — has picked up $20 million, a seed round that it’s using to expand its business.
Quick answer
Maergo raised $20 Million in a Funding Round round, dated December 7, 2022. Maergo is based in Austin, Texas, United States.
- How much did Maergo raise?
- Maergo raised $20 Million in a Funding Round round on December 7, 2022.
- What does Maergo do?
- Maergo is a first-of-its-kind parcel delivery platform, purpose-built for branded direct-to-consumer delivery using modern technology and advanced data capabilities.
- Where is Maergo based and how big is it?
- Maergo is based in Austin, Texas, United States.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Maergo that raised within 45 days of this round, from Fundz verified event records.
- Boxed raised $20M (Funding Round) on January 20, 2023.
- The Edit LDN raised an undisclosed amount (Seed) on January 17, 2023.
- Syky raised an undisclosed amount (Series A) on January 17, 2023.
- Neptune Wellness Solutions raised an undisclosed amount (Debt Financing) on January 13, 2023.
- Wakefit raised $40M (Funding Round) on January 13, 2023.
- Beni raised $5M (Funding Round) on December 13, 2022.
Who to call at Maergo, and when
A new round usually means Maergo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Maergo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Maergo, from your own LinkedIn network
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Fundz sees it the moment Maergo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Maergo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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