Kargo Raises $18.4M in Funding

Funding Rounds

Summary

Kargo raised $18.4 million in a funding round led by Matter Venture Partners, with support from existing and new strategic investors. The company plans to use the capital to expand operations and accelerate development. Kargo sells real-time freight verification software and integrated hardware that automates inbound and outbound freight capture. It also rolled out its computer vision system across 240 Armada dock doors to automate inventory management in food supply chain warehouse hubs.

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Amount $18.4M Total raised
Date June 9, 2025 Announcement date
Investors Sozo Ventures, Founders Fund, Armada Investment AG Lead investors
Company - Funded company

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ERP & Process Management

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