On The Heels Of The Nearshoring Boom, Logistics Startup Nuvocargo Raises $36.5M To Modernize Us-Mexico Trade, Expands To All Major Us-Mx Border Crossings
Amount Raised
$36.5 Million
Round Type
Funding Round
New YorkOtherFinancial ServicesSoftwareDescription
Nuvocargo, the first all-in-one digital platform focused on modernizing U.S.-Mexico cross-border trade, announced today that it has raised $36.5M in Series B funding. The round was led by QED Investors with participation from all existing investors including NFX, Tiger Global and ALLVP, plus new investors Tresalia Capital, Amador Holdings, and the co-founders of Dropbox, Repl.it and Platzi. This new round values the company at more than $250M, more than 40 percent higher than the $180M valuation it earned in late 2021, and brings its total funding to date to more than $75M.
Quick answer
Nuvocargo raised $36.5 Million in a Funding Round round, dated June 27, 2023. Nuvocargo is based in New York, United States.
- How much did Nuvocargo raise?
- Nuvocargo raised $36.5 Million in a Funding Round round on June 27, 2023.
- What does Nuvocargo do?
- Logistics startup Nuvocargo is the first all-in-one digital platform focused on U.S.-Mexico cross-border trade – one of the largest bilateral trade lanes in the world.
- Where is Nuvocargo based and how big is it?
- Nuvocargo is based in New York, United States.
- Who are the decision-makers at Nuvocargo?
- Fundz holds 1 contact at Nuvocargo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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