United States · Series B startup

Who invested in Kargo

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AILogisticsSupply Chain

Raised 11 months ago

Funding summaryUpdated 5 Nov 2026

$60Mraised across 2 rounds since 2025, from 2 sources

$18MSeries A$42MSeries B
Latest round
Series B, $42MDec 2025
Step-upi
2.3×
Investors
9 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$18MSeries A$42MSeries B
First round
Series A, $18M
Jun 2025
Biggest round
$42M
Series B · Dec 2025
Between rounds
6 months
from the last two

The rounds

  1. Dec 2025
    Series B$42M2 new2 returning

    Source recorded

  2. Jun 2025

Founders and team

From Kargo's own website: 1 founder, 6 on the team.

Harry KargmanFounder & CEO
  • Heidi GrayChief People Officer
  • Jeannine Shao CollinsChief Client Officer
  • Michael ShaughnessyChief Operating Officer
  • Victoria LaemmelChief of Staff
  • Michael KassanBoard Member
  • Bracken DarrellTeam

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Founders FundVC firm2rounds
Human CapitalGrowth equity2rounds
Matter Venture PartnersVC firm1round, led 1
GaingelsPrivate equity1round
LightbankVC firm1round
Activant CapitalVC firm1round
Sozo VenturesVC firm1round
LINEAGE - Fund of SearchersInvestment firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list Kargo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

AvenirVC firmPer its own site
Industrious VenturesVC firmPer its own site
Hickory Falls VenturesFamily officePer its own site
Nextwave X PartnersVC firmPer its own site

Quick answers about Kargo

Who invested in Kargo?

Kargo's investors include Founders Fund, Human Capital, Matter Venture Partners, Gaingels and Lightbank, and 4 more on record.

How much has Kargo raised?

Kargo has raised $60M across 2 rounds since 2025.

When did Kargo last raise?

Kargo's most recent round was a Series B of $42M in Dec 2025.

What was Kargo's biggest round?

Its most recent round, $42M in Dec 2025, is also its largest on record.

Who backed Kargo first?

Kargo's first round on record, in Jun 2025, was backed by Matter Venture Partners, Founders Fund and Human Capital and 4 others.

What stage is Kargo at?

Kargo's latest named round is a Series B, in Dec 2025.

Where is Kargo based?

Kargo is based in the United States.

Who led Kargo's rounds?

Matter Venture Partners led the Series A in 2025.

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In the same sector, and raised in the last eighteen months.

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