How much funding has Qargo raised?

Qargo has raised $54M total (all rounds) in total funding. Their latest funding round was Series B. Key investors include Sofina, Balderton Capital, Stride.VC.

Where is Qargo headquartered?

Qargo is headquartered in London, United Kingdom. The company has a team of 101-500 people.

When was Qargo founded?

Qargo was founded in 2020. It is based in London, United Kingdom.

How much funding has Qargo raised?

Qargo has raised $54M total (all rounds) in total funding. Key investors include Sofina, Balderton Capital, Stride.VC.

Who is the CEO of Qargo?

Adriaan Coppens is the CEO of Qargo. The company was founded in 2020.

Where is Qargo located?

Qargo is headquartered in London, United Kingdom.

What funding stage is Qargo at?

Qargo is currently at the Growth Stage stage.

How many employees does Qargo have?

Qargo has approximately 101-500 employees.

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: 101-500. Total funding raised: $54M total (all rounds). Latest round: Series B. Key investors include Sofina, Balderton Capital, Stride.VC.

Founded: 2020
Headquarters: London, United Kingdom
Team size: 101-500
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), TransFollow (eCMR integration), Samsara (telematics co-partner), Major European carriers

Notable customers

Uniserve Group, Alvan Blanch, Ecotrans, CLdN, Moran Logistics, Kinaxia Logistics, Premier Refrigerated Transport (US)

Major milestones

Raised $33M Series B led by Sofina (Dec 2025), Expanded to ~600 European customers, Entered US TMS market with first customers (2026), TransFollow eCMR partnership (Feb 2026), Kinaxia Logistics win (Jan 2026)

Growth metrics

Customer base ~600 European fleets/brokers (up from 400+ at Series B); processes £1.9B+ annual invoicing; entered US market with first customers (2026).

Market positioning

Premium, modern alternative to legacy TMS; focused on mid-to-large European fleets.

Geographic focus

Europe (UK, Benelux, France, Ireland, Netherlands) with early US market entry

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.

Latest news about Qargo

Qargo, an AI-powered transport management system, secured $33M in Series B funding, bringing total funding to $54M. This capital infusion will accelerate their expansion in Europe and deepen AI tool d

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Official website: https://www.qargo.com/