PayCargo, LLC
PayCargo, LLC is a fintech company in Coral Gables, United States, founded in 2007. It has raised $290.0M across 3 rounds, most recently a $130.0M Series C in June 2022.
Faster Payments. Smarter Logistics.
- Headquarters
- Coral Gables, Florida
- Employees
- 51–200
- Founded
- 2007
- Business Model
- B2B
- Website
- web.paycargo.com
- Total Funding
- $290.0M
- Last Round
- $130.0M Series CJun 2022
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 2 investors for this company. The full record is or through the API.
About
PayCargo is a comprehensive logistics payments and financial operations platform founded in 2007. The company started with a single goal of keeping freight moving by digitizing manual payment and release steps that slowed shipments across the supply chain. Today, over 150,000 partners use PayCargo to access real-time information, reduce manual work, and move goods with greater speed, visibility, and control. The platform spans ocean, air, intermodal, and rail freight and offers payments, container payment portal management for demurrage and detention, PayCargo Finance for instant vendor payments, AP automation, customer response automation, and document automation. PayCargo processes billions of dollars in transactions annually across more than 200 countries and serves cargo owners, freight forwarders, shipping lines, airlines, terminals, and government agencies.
Summary
It lists 51–200 employees. It has raised $290.0M in total across 3 rounds, most recently a $130.0M Series C round in Jun 2022. Investors include Insight Partners and Blackstone.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Jun 2022
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Funding: Series A through Series C. Amounts, valuations, and investors where available.
Investors
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