# Pargo funding: rounds and investors > Pargo has raised $4.0M across 1 round since 2024. Investors include 3 Capital Ventures, Endeavor and W Ventures. Every round with its source. Source: https://millionrounds.com/company/pargo (Millionrounds; every figure on the page links to its filing or article) South Africa · [Funded startup](https://millionrounds.com/companies) # Who invested in *Pargo* One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. E-commerce Logistics Follow Pargo and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fpargo) Funding summary Updated 5 Nov 2026 **$4.0M** raised across 1 round since 2024, from 1 source - **Latest round:** Round, $4.0M Oct 2024 - **Led by:** 3 Capital Ventures - **Investors:** 5 (1 led) See who backed them ## The rounds - **Oct 2024** Round **$4.0M** [3 Capital Ventures](https://millionrounds.com/fund/3-capital-ventures) Lead [Endeavor](https://millionrounds.com/fund/endeavor) [W Ventures](https://millionrounds.com/fund/w-ventures) [SAAD Investment Holdings](https://millionrounds.com/fund/saad-investments-company) [UW Ventures](https://millionrounds.com/fund/uw-ventures) Reported by Disrupt Africa ## Founders and team From Pargo's own website: 2 founders, 39 on the team. **Derk Hoekert** Director, Co-founder, Joint CEO **Lars Veul** Director, Co-founder, Joint CEO - **Jennifer Clarke** Chief Operating Officer - **Rob Damerell** Chief Technology Officer - **Amber van der Walt** Head of Sales - **Lionel Shap** Head of Operations - **Saarah Darries** Head of Finance - **Skye Christien** Head of Pickup Points - **Adham Elmolla** Senior Operations Manager (Expansion) - **Adilah Ryklief** Integration Team Lead - **Adrian Johannes** Partner Manager - **Ali Hassan** Junior Operations Manager (Expansion) - **Awongiwe Mango** Business Developer Manager - **Brad Davis** Pickup Point Experience Team Lead - **Cleo Phamoli** Pickup Point Experience Team Lead - **Elroy De Klerk** Partner Manager Lead - **Fatimah Oosthuizen** Team Experience Manager - **Garth Frantz** Business Development Manager - **Gregory Parkin** Business Development Manager - **Imran Moosa** Junior Partner Manager And 21 more on the team. ## Everyone who backed them [3 Capital Ventures](https://millionrounds.com/fund/3-capital-ventures) VC firm **1** round, led 1 [Endeavor](https://millionrounds.com/fund/endeavor) Corporate VC **1** round [W Ventures](https://millionrounds.com/fund/w-ventures) VC firm **1** round [SAAD Investment Holdings](https://millionrounds.com/fund/saad-investments-company) Corporate VC **1** round [UW Ventures](https://millionrounds.com/fund/uw-ventures) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pargo). ## Also claim to have backed them These 2 firms list Pargo 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. [Fireball Capital](https://millionrounds.com/fund/fireball-capital) Fund of funds Per its own site [Endeavor South Africa](https://millionrounds.com/fund/endeavor-south-afr) VC firm Per its own site ## Quick answers about Pargo ### Who invested in Pargo? Pargo's investors include 3 Capital Ventures, Endeavor, W Ventures, SAAD Investment Holdings and UW Ventures. 3 Capital Ventures led its latest round. ### How much has Pargo raised? Pargo has raised $4.0M across 1 round since 2024. ### When did Pargo last raise? Pargo's most recent round, $4.0M, was in Oct 2024, led by 3 Capital Ventures. ### What was Pargo's biggest round? Its most recent round, $4.0M in Oct 2024, is also its largest on record. ### Who backed Pargo first? Pargo's first round on record, in Oct 2024, was backed by 3 Capital Ventures, Endeavor and W Ventures and 2 others. ### Where is Pargo based? Pargo is based in South Africa. ### Who led Pargo's rounds? 3 Capital Ventures led the funding round in 2024. ## Companies like Pargo In the same sector, and raised in the last eighteen months. [**Breaze Delivery** $1.2M · Jun 2026](https://millionrounds.com/company/breaze-delivery)[**Shiprazor** $2.6M · May 2026](https://millionrounds.com/company/shiprazor)[**maxwell+spark** $43M · Nov 2025](https://millionrounds.com/company/maxwell-spark)[**Ctrack** $23M · Sept 2025](https://millionrounds.com/company/ctrack)[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**Mamoon** $3.0M · Nov 2026](https://millionrounds.com/company/mamoon) ## 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