Zencargo

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Shipping Tech?
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Expansion
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Digital freight solutions
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Zencargo is a global digital freight forwarder that provides personalized solutions and AI-driven technology to help businesses optimize their supply chain operations. The company offers bespoke freight solutions across air, ocean, and road modes, enabling companies to take control of their margins through clear visibility and optimization of costs, routes, and transportation modes. Zencargo's platform provides real-time tracking, analytics, and forecasting capabilities, empowering businesses to streamline inventory management and optimize cash flow.

In March 2023, Zencargo created a live dashboard to map shipments and arrange mitigations during the Suez Canal blockage, demonstrating its ability to assist customers in navigating supply chain disruptions. The company has an extensive global network, combining owned offices and integrated partners to deliver operational excellence and performance monitoring.

Zencargo offers on-demand CFS services, including flexible consolidation options, SKU-level product flow, digital consolidation SOPs, efficient cross-docking, on-demand storage management, and end-to-end customs support. The company's experts streamline compliance and bonded procedures, working closely with customers to mitigate risks and develop solutions to minimize customs liabilities.

In May 2021, Zencargo raised GBP 30 million in a Series B funding round, bringing its total funding to GBP 42 million. The funds were earmarked for talent acquisition, expansion into new markets, and forays into trade finance.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
44 Russell Square London GBR
Founded year:
2017
Employees:
101-250
IPO status:
Private
Total funding:
USD 66.0 mn
Last Funding:
USD 42.0 mn (Series B; May 2021)
Last valuation:
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