How Much Did SmartKargo Raise?
Funding & Key Investors

SmartKargo, a prominent player in the air cargo technology sector, has secured significant capital, with its total funding reaching $150K. The company recently announced a funding round that added $0 to its coffers, underscoring its strategic growth trajectory in the late-stage funding environment. This latest investment signals continued confidence in SmartKargo's innovative SaaS platform designed for airlines.

What is SmartKargo?

SmartKargo
SoftwareSupply Chain Management (SCM) Software

Founded in 2006 and headquartered in Cambridge, Massachusetts, SmartKargo has established itself as a leader in air cargo transaction technology. Its Software as a Service (SaaS) platform offers airlines forward-looking solutions to optimize and expand their air cargo operations. Leveraging real-time data, robust mobile applications, and seamless integrations, SmartKargo's end-to-end technology provides enhanced visibility across the logistics chain, facilitating rapid revenue growth, particularly for e-commerce-driven shipments. The platform is engineered for quick deployment and ease of use for all stakeholders involved in a shipment's journey.

How much funding has SmartKargo raised?

SmartKargo has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in SmartKargo

PPP

Public-Private Partnership

What's next for SmartKargo?

With substantial backing and operating in a large-scale late-stage funding phase, SmartKargo is well-positioned for continued expansion and technological advancement. The recent capital infusion is expected to fuel further development of its SaaS platform, enhance its market reach, and potentially explore new integrations within the global logistics ecosystem. The company's focus on real-time data and e-commerce solutions aligns with current industry trends, suggesting a strategic emphasis on digital transformation within the air cargo industry. Future growth may involve scaling its operations to support a larger volume of transactions and deepening its partnerships with airlines worldwide.

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Frequently Asked Questions Regarding SmartKargo Financial Insights

What are the most recent funding rounds that SmartKargo has completed, and what were the funding rounds?
SmartKargo has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding SmartKargo has raised to date?
SmartKargo has raised a total of $150K in funding to date.
How many funding rounds has SmartKargo completed?
SmartKargo has completed 1 funding rounds.
How much funding did SmartKargo raise in its most recent funding round?
SmartKargo raised $150K in its most recent funding round.
Who are the lead investors in SmartKargo's latest funding round?
The lead investor in SmartKargo'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 SmartKargo's history?
The largest funding round in SmartKargo's history was $150K.
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