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Kargo, which powers supply chain visibility with smart loading docks and data, raises $25M

📅 Date:

🔖 Topics: funding event

🏢 Organizations: Kargo

Founded in 2019, Kargo has developed a software-as-a-service (SaaS)-based hardware and software platform that captures and aggregates data from physical loading docks and enterprise software systems — it essentially connects the physical and digital worlds around freight.

Additionally, the company has developed sensor hardware called Kargo Towers, which lean on edge computing and computer vision to capture data on-site — this enables a significant degree of automation, in terms of giving companies a more complete picture of what’s happening on the ground. This includes being able to identify faulty goods, or verify the size and movement of a particular shipment. The sensors’ ability to inspect freight automatically means that unloading time can be reduced by up to 48%, according to the company.

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