How Much Did Cargo Systems Raise?
Funding & Key Investors

Cargo Systems, a prominent freight brokerage firm, has secured $118K in total capital, with a recent major strategic investment of $118K. This significant backing underscores the company's established position in the logistics sector and its ongoing growth trajectory. The latest financing round, dated January 29, 2021, was characterized as a strategic investment, signaling a focus on expanding its operational capabilities and market reach.

What is Cargo Systems?

Cargo Systems
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Established in 1983, Cargo Systems Inc. operates as a family-owned freight brokerage specializing in comprehensive truckload (TL) and less-than-truckload (LTL) services across the United States, Canada, and Mexico. The company's service portfolio extends to air and intermodal transport, import/export facilitation, and warehousing solutions. Cargo Systems Inc. is committed to delivering superior customer service and competitive pricing to meet a wide array of client logistics requirements, including project management for nationwide events and store promotions.

How much funding has Cargo Systems raised?

Cargo Systems has raised a total of $118K across 1 funding round:

2021

Debt

$118K

Debt (2021): $118K with participation from PPP

Key Investors in Cargo Systems

PPP

Public-Private Partnership

What's next for Cargo Systems?

The substantial capital infusion, particularly the recent strategic investment, positions Cargo Systems for accelerated expansion and enhanced service offerings. As a company with a long-standing history in the freight brokerage industry, this late-stage funding is likely to be deployed towards technological advancements, fleet modernization, and potentially strategic acquisitions to further solidify its market leadership. The focus on strategic investment suggests a forward-looking approach to navigating the evolving demands of the supply chain and transportation landscape.

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Frequently Asked Questions Regarding Cargo Systems Financial Insights

What are the most recent funding rounds that Cargo Systems has completed, and what were the funding rounds?
Cargo Systems has recently completed 1 funding rounds: Debt on Jan 29, 2021.
What is the total amount of funding Cargo Systems has raised to date?
Cargo Systems has raised a total of $118K in funding to date.
How many funding rounds has Cargo Systems completed?
Cargo Systems has completed 1 funding rounds.
How much funding did Cargo Systems raise in its most recent funding round?
Cargo Systems raised $118K in its most recent funding round.
Who are the lead investors in Cargo Systems's latest funding round?
The lead investor in Cargo Systems's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cargo Systems's history?
The largest funding round in Cargo Systems's history was $118K.
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