Amount Raised
$130 Million
Round Type
Funding Round
Coral GablesFinancial ServicesSoftwareTransportationSupply Chain ManagementLogisticsDescription
Shipping and cargo services is one of the more fragmented and analogue verticals in the world of industry, with hundreds of thousands of businesses involved in a myriad of aspects of a process that is fundamentally physical (not digital) by its nature. Today, a company called PayCargo, which built a platform to bring one key aspect of it — how companies in the business of shipping products and specifically consumer goods pay each other — into the modern and digital age, is announcing $130 million in funding to expand its platform.
Quick answer
PayCargo raised $130 Million in a Funding Round round, dated June 15, 2022. PayCargo is based in Coral Gables, Florida, United States.
- How much did PayCargo raise?
- PayCargo raised $130 Million in a Funding Round round on June 15, 2022.
- What does PayCargo do?
- PayCargo is your all-in-one logistics payment platform for faster cargo release, to effectively help save time and gain piece of mind.
- Where is PayCargo based and how big is it?
- PayCargo is based in Coral Gables, Florida, United States. Fundz records about 170 employees.
Source: Fundz verified event record.
Who else raised in Financial Services and Transportation around the same time
Companies in the same sectors as PayCargo that raised within 45 days of this round, from Fundz verified event records.
- Stord raised $120M (Funding Round) on May 10, 2022.
- Vehlo raised an undisclosed amount on June 6, 2022.
- Pipedream raised $20M (Funding Round) on May 17, 2022.
- Third Wave Coffee raised an undisclosed amount (Funding Round) on May 9, 2022.
- Kompliant raised $14M (Funding Round) on July 29, 2022.
- Youverify raised $250K on July 29, 2022.
Who to call at PayCargo, and when
A new round usually means PayCargo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day PayCargo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PayCargo, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at PayCargo. With Fundz connected, it knows.
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Fundz sees it the moment PayCargo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
PayCargo 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.
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