# Cargo X: Information technology & services, São Paulo, Brazil

> Cargo X: Cargo X is a Brazilian logistics technology company founded in 2013, with its digital platform launched in 2016. Based in São Paulo, Brazil.

Source: https://millionrounds.com/startup/cargo-x (Millionrounds; every figure on the page links to its filing or article)

Brazil · [Information technology & services startup](https://millionrounds.com/companies)

# Cargo X

Cargo X is a Brazilian logistics technology company founded in 2013, with its digital platform launched in 2016.

Funding reported Last round: Series F

Information technology & services São Paulo, Brazil

Company summary

- **Founded:** 2013 13 years old
- **Team:** 400 201 to 1,000 people
- **Funding reported:** 390.1M as listed, currency not stated
- **Last round:** Series F Nov 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Cargo X has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Cargo X

Cargo X is a Brazilian logistics technology company founded in 2013, with its digital platform launched in 2016.

It connects cargo owners with truck drivers through technology, machine learning, and data science, aiming to optimize cargo movement and eliminate inefficiencies in traditional transport. Cargo X operates as a fully connected digital ecosystem, often described as the "Uber for truckers." Headquartered in São Paulo, Brazil, Cargo X became a unicorn in 2021, achieving a valuation exceeding $1 billion. The company has raised over $200 million from notable investors, including Goldman Sachs and George Soros. Its services include a digital freight matching platform that reduces empty return trips, data science and AI for route optimization, and financial services tailored for the logistics sector. Cargo X plans to lend up to R$ 1 billion to transporters by 2026. The platform serves a diverse range of clients, including major companies like Heineken and Unilever, as well as approximately 1.2 million truck drivers and over 12,000 logistics companies.

## What company datasets say Cargo X raised

Funding, as reported

Reported in all **390.1M** in the source's currency

Rounds **9**

Last round **Series F**

Last round size **200M**

Last round date **Nov 2021**

Investors listed **25**

## The company, in detail

What they build

Known for

information technology & services transporte financial services tecnologia data science em transportes fintech services logtech technology b2b carga lotacao information & internet finance technology

Built with from their website

Google Tag Manager Amazon CloudFront Tableau Atlassian SAP Ariba Zoho CRM Google Workspace CloudFlare Viewport Meta Google Drive

+8 more

Google Analytics Coupa Procurement Cloudflare WAF Google Analytics 4 Amazon AWS Sendgrid Apple Business Manager Google Meet

- **Sector:** Information technology & services
- **Industry code:** NAICS 522299, 488510, SIC 4213
- **Region:** Sao Paulo
- **Revenue:** 81.7M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/cargox-3bc18969a2)

## Information technology & services in Brazil

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- [**Decade** Sao Paulo · founded 2025 *Raised*](https://millionrounds.com/company/decade)
- [**Olist** Curitiba · founded 2015 *Raised*](https://millionrounds.com/company/olist)
- [**Paytrack** Blumenau · founded 2016 *Raised*](https://millionrounds.com/company/paytrack)
- [**Onfly** Belo Horizonte · founded 2018 *Raised*](https://millionrounds.com/company/onfly)
- [**Tako** Sao Paulo · founded 2022 *Raised*](https://millionrounds.com/company/tako)
- [**Escale** Sao Paulo · founded 2013 *Raised*](https://millionrounds.com/company/escale)

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