# Kargo funding: rounds and investors > Kargo has raised $60M across 2 rounds since 2025. Investors include Founders Fund, Human Capital and Matter Venture Partners. Every round with its source. Source: https://millionrounds.com/company/kargo (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # 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. AI Logistics Supply Chain Raised 11 months ago Follow Kargo and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fkargo) Funding summary Updated 5 Nov 2026 **$60M** raised across 2 rounds since 2025, from 2 sources **$18M** Series A **$42M** Series B - **Latest round:** Series B, $42M Dec 2025 - **Step-up i:** 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 **$18M** Series A **$42M** Series B - **First round:** Series A, $18M - **Biggest round:** $42M - **Between rounds:** 6 months ## The rounds - **Dec 2025** Series B **$42M** *2 new* *2 returning* [Founders Fund](https://millionrounds.com/fund/founders-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [Lightbank](https://millionrounds.com/fund/lightbank) [Human Capital](https://millionrounds.com/fund/human-capital-2) Source recorded - **Jun 2025** Series A **$18M** *7 new* [Matter Venture Partners](https://millionrounds.com/fund/matter-venture-partners) Lead [Founders Fund](https://millionrounds.com/fund/founders-fund) [Human Capital](https://millionrounds.com/fund/human-capital-2) [Activant Capital](https://millionrounds.com/fund/activant-capital) [Sozo Ventures](https://millionrounds.com/fund/sozo-ventures) [LINEAGE - Fund of Searchers](https://millionrounds.com/fund/lineage-fund-of-searchers) [Armada Supply Chain Solutions](https://millionrounds.com/fund/armada-supply-chain-solutions) Reported by TechStartups ## Founders and team From Kargo's own website: 1 founder, 6 on the team. **Harry Kargman** Founder & CEO - **Heidi Gray** Chief People Officer - **Jeannine Shao Collins** Chief Client Officer - **Michael Shaughnessy** Chief Operating Officer - **Victoria Laemmel** Chief of Staff - **Michael Kassan** Board Member - **Bracken Darrell** Team ## 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. **Series A** 2025 **Series B** 2025 [Founders Fund](https://millionrounds.com/fund/founders-fund) [Human Capital](https://millionrounds.com/fund/human-capital-2) [Matter Venture Partners](https://millionrounds.com/fund/matter-venture-partners) L [Gaingels](https://millionrounds.com/fund/gaingels) [Lightbank](https://millionrounds.com/fund/lightbank) [Activant Capital](https://millionrounds.com/fund/activant-capital) [Sozo Ventures](https://millionrounds.com/fund/sozo-ventures) [LINEAGE - Fund of Searchers](https://millionrounds.com/fund/lineage-fund-of-searchers) [Armada Supply Chain Solutions](https://millionrounds.com/fund/armada-supply-chain-solutions) ## Everyone who backed them [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **2** rounds [Human Capital](https://millionrounds.com/fund/human-capital-2) Growth equity **2** rounds [Matter Venture Partners](https://millionrounds.com/fund/matter-venture-partners) VC firm **1** round, led 1 [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round [Lightbank](https://millionrounds.com/fund/lightbank) VC firm **1** round [Activant Capital](https://millionrounds.com/fund/activant-capital) VC firm **1** round [Sozo Ventures](https://millionrounds.com/fund/sozo-ventures) VC firm **1** round [LINEAGE - Fund of Searchers](https://millionrounds.com/fund/lineage-fund-of-searchers) Investment firm **1** round [Armada Supply Chain Solutions](https://millionrounds.com/fund/armada-supply-chain-solutions) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=kargo). ## 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. [Avenir](https://millionrounds.com/fund/avenir) VC firm Per its own site [Industrious Ventures](https://millionrounds.com/fund/industrious-ventures) VC firm Per its own site [Hickory Falls Ventures](https://millionrounds.com/fund/hickory-falls-ventures) Family office Per its own site [Nextwave X Partners](https://millionrounds.com/fund/nextwave-x-partners) VC firm Per 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. ## Companies like Kargo In the same sector, and raised in the last eighteen months. [**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app