Cargobot

Overview
News
Truck Industry Tech?
Product stageSegments
Early
?
Online freight platforms
?

Cargobot offers digital freight matching and real-time tracking solutions for shippers and carriers. Shippers can register via the Carobot Shipper app while the carriers can join the platform via the dedicated Cargobit Carrier app. Cargobot’s solutions include “Cargobot Direct,” a freight management solution that lets ​​shippers and carriers streamline a range of processes, including load posting, freight matching, fleet tracking, and back office functions and documentation. It also offers “Cargobot Pool,” a freight-matching solution for partial truckloads; and “Cargobot SaaS,” a cloud-based platform that connects freight forwarders outside the US with a US marketplace.

Drivers have the option to choose how to be paid (next day, 7 days, 15 days, 30 days, or own factoring company). Shippers can open a credit line of 30 days with the company for automatic invoicing. The company charges a nominal fee from carriers upon the delivery of a shipment. Cargobot also offers fuel advances to carriers for a fee.

As of July 2024, the company had 20,000+ registered carrier companies with 30,000+ drivers on the platform.

Key customers and partnerships

As of July 2024, Cargobot had 500+ shipper clients on its platform, including IMECA Lumber & Hardware and TransBorder.


HQ location:
Miami FL USA
Founded year:
2016
Employees:
51-100
IPO status:
Private
Total funding:
USD 12.0 mn
Last Funding:
USD 6.0 mn (Series A; Jun 2023)
Last valuation:
-
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Company profile
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