Cargofive, a platform now incorporated into cargo.one, significantly enhances the efficiency of ocean rate management and quoting processes for freight forwarders and ocean carriers globally. Founded in 2018 and headquartered in Portugal, the firm operates at the intersection of Information Technology, Logistics, and Supply Chain.
Designed specifically to optimize and digitize pricing operations, Cargofive's platform simplifies the handling of carrier rate sheets, providing users with an integrated, multi-provider solution that dramatically reduces manual effort. The inclusion of API integrations enables seamless connectivity with ERPs and CRMs, ensuring efficient data exchange and real-time access to up-to-date information.
The company last received a €2.50M Seed Round investment on 26 March 2024, with contributions from Indico Capital Partners and EIT Urban Mobility. This investment underscores confidence in Cargofive's potential to transform freight forwarding through technology-driven solutions.