Qargo
Category: AI in Supply Chain / Logistics
An AI-powered transport management system (TMS) that automates order entry, planning, and execution for logistics providers. Qargo was founded in 2020. The company is led by Adriaan Coppens. Based in London, United Kingdom. Team size: 70-80. Total funding raised: $54M total (all rounds). Latest round: Series B ($33M, December 2025). Key investors include ["Sofina","Balderton Capital","Stride.VC"].
- Founded
- 2020
- Headquarters
- London, United Kingdom
- Team size
- 70-80
- Total funding
- $54M total (all rounds)
Value proposition
Reduces operational costs by ~30% and admin time by 75% through AI automation of manual tasks like order entry and route planning.
Products and solutions
["Qargo Intelligence (AI Core)","Automated Order Entry (OCR/NLP)","Real-time Fleet Tracking","Customer Portal","Smart Driver App"]
Unique value
Embedded AI ('Qi') that understands natural language emails/PDFs to create orders automatically, rather than just a digital interface.
Target customer
European transport operators, carriers, and freight forwarders
Industries served
["Road Freight","Logistics","Distribution","Construction Logistics"]
Technology advantage
Cloud-native architecture replacing legacy on-premise systems; proprietary AI models fine-tuned on logistics documentation.
How they differentiate
While competitors offer digitization, Qargo offers 'automation' via AI, handling the actual work (data entry, planning) rather than just recording it.
Main competitors
["Logistaas","LogiNext","Navitrans"]
Key partnerships
["Sofina (Investor/Partner)","Clarus WMS (Strategic Integration Partner)","Transporeon (TIAP Member)","Major European carriers"]
Notable customers
["Uniserve Group","Alvan Blanch","Ecotrans","CLdN","Moran Logistics"]
Major milestones
["Raised $33M Series B (Dec 2025)","Expanded to 400+ customers","Launched Qargo Intelligence AI features"]
Growth metrics
Customer base grew 4x to 400+ customers; processes £1.9B in annual invoicing.
Market positioning
Premium, modern alternative to legacy TMS; focused on mid-to-large European fleets.
Geographic focus
Europe (UK, Benelux, France, Ireland)
Patents and IP
N/A (Relies on proprietary software & data moats)
About Adriaan Coppens
Co-founder and former CEO of OTA Insight (raised $100M+). Serial entrepreneur with deep expertise in SaaS and transport technology.
Official website: https://www.qargo.com/