Qargo raises €12M in Series A funding led by Balderton Capital to expand into new markets and strengthen the engineering team.
Amount Raised
€12 Million
Round Type
Series A
LondonSoftwareTransportationLogisticsInvestors
Description
London, UK- and Ghent, Belgium-based transport management solution, Qargo, raised €12m in Series A funding. The new funding will be used to launch in new markets, develop the product and strengthen the engineering team to keep up with its fast-growing customer base.
Quick answer
Qargo raised €12 Million in a Series A round, dated June 6, 2024. Investors: Balderton Capital. Qargo is based in London, England, United Kingdom.
- How much did Qargo raise?
- Qargo raised €12 Million in a Series A round on June 6, 2024.
- Who invested in Qargo?
- Balderton Capital is named as investors in this round.
- What does Qargo do?
- Qargo was designed and built by a team of transport veterans and digital innovators, inspired by countless years of real-life experience and research.
- Where is Qargo based and how big is it?
- Qargo is based in London, England, United Kingdom. Fundz records about 132 employees.
- Who are the decision-makers at Qargo?
- Fundz holds 1 contact at Qargo, including the Co-founder & CEO. 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 Qargo that raised within 45 days of this round, from Fundz verified event records.
- McEasy raised $11M (Series A) on June 5, 2024.
- Ofload raised $31M (Series C) on June 3, 2024.
- NEWTRUL raised $42M on April 24, 2024.
- Vicinity Motor raised $2.5M on July 17, 2024.
- TruckSmarter raised $50M (Debt Financing) on July 15, 2024.
- FastBeetle Logistics Pvt. Ltd raised an undisclosed amount (Seed) on July 12, 2024.
Who to call at Qargo, and when
A new round usually means Qargo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Qargo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Qargo, from your own LinkedIn network
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Funding Insights
What this usually meansQargo 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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