{"id":9668,"date":"2025-12-11T08:55:15","date_gmt":"2025-12-11T08:55:15","guid":{"rendered":"https:\/\/cms.qargo.com\/post\/series-b-funding\/"},"modified":"2026-01-29T13:55:52","modified_gmt":"2026-01-29T13:55:52","slug":"series-b-funding","status":"publish","type":"post","link":"https:\/\/www.qargo.com\/us\/post\/series-b-funding\/","title":{"rendered":"Qargo raises $33M as its AI transportation management software transforms efficiency and unlocks new markets"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Qargo Quadruples Customer Base, Increases Revenue Fivefold, and Scales to Six International Logistics Markets in Just 18 Months<\/li>\n\n\n\n<li>Qargo\u2019s cloud-based TMS and native AI capabilities are significantly reducing operating costs for transportation and logistics operators while tightening security across operations.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ghent and London, December 11, 2025:<\/strong> Qargo, the intelligent <strong>Transportation Management System (TMS)<\/strong> significantly cutting operating costs for transportation operators, today announced it has raised $33 million in Series B funding. The round was led by Sofina, the Belgian family-backed investment company with deep roots in the industry, alongside existing investor Balderton Capital. This follows Qargo\u2019s rapid expansion across key logistics hubs in the last 18 months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The funding takes Qargo\u2019s total investment raised to $54 million and marks the growing impact of AI technology on one of the most analogue industries. Qargo Intelligence, the platform\u2019s AI engine, is helping modern logistics companies automate large parts of the end-to-end transportation workflow\u2014from <strong>order capture<\/strong> and <strong>route planning<\/strong> to <strong>optimizing loads<\/strong>, <strong>billing<\/strong>, and warehouse <strong>appointment scheduling<\/strong>. This automation layer has helped customers spend up to 75% less time on repetitive manual administrative tasks, saving hundreds of hours each week across <strong>dispatch<\/strong>, customer service, and <strong>back-office<\/strong> teams.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the addition of agentic AI that can interact with external systems, Qargo\u2019s platform is significantly reducing overhead costs and accelerating processes at a scale traditional TMS systems simply cannot match. Meanwhile, Qargo\u2019s <strong>optimization<\/strong> functionality\u2014which helps companies run <strong>fleets<\/strong> more efficiently\u2014can cut <strong>empty miles<\/strong> by up to 30%. This is critical in a market where margins are under intense pressure from fierce competition, stricter decarbonization regulations, and rising cybersecurity risks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Qargo\u2019s growth since its Series A in May 2024 has been exponential. <strong>Customer billing<\/strong> processed through the platform rose from \u00a3420 million to more than \u00a31.9 billion a year, and the customer base expanded fourfold from around 100 to over 400. This rapid adoption highlights Qargo\u2019s emergence as the fastest-growing intelligent transportation management platform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Series B will allow Qargo to use the new funding to further scale its team, expand into new markets, and accelerate the development of its AI-driven product capabilities, while maintaining its independence and ability to partner with everyone from family-run trucking companies to enterprise businesses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Security and Innovation<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Security continues to be a fundamental pillar of the platform and a differentiator for Qargo customers. Qargo achieved ISO 27001 certification early, operates exclusively on Google Cloud with Cloud Armor protection, and uses tools such as Aikido for continuous code scanning, supported by regular penetration testing and dedicated in-house security specialists. It takes a cloud-first approach to remove the burden of managing security from customers, giving it a critical advantage as cyberattacks on logistics and infrastructure rise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a sector where daily <strong>contracting<\/strong> is essential to profitability, Qargo Network\u2014Qargo\u2019s real-time work-sharing network\u2014has enabled customers to share work with the same transparency and control as if the <strong>loads<\/strong> were carried out by their own <strong>fleet<\/strong>, eliminating the manual back-and-forth typically required.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Adriaan Coppens, CEO and co-founder of Qargo, said:<\/strong> \u201cThis round is a strong endorsement of our progress and our mission to modernize transportation management. Since our Series A, we\u2019ve grown revenue, customers, and our team at an exceptional pace while remaining highly capital efficient. The Series B funding allows us to continue investing and grow the team so that we can keep offering the same level of customer service.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Anthony Keusters, Principal at Sofina, said:<\/strong> \u201cQargo\u2019s experienced team combines deep industry knowledge with strong product velocity and client-centricity. This results in exceptional customer traction. Road <strong>transportation<\/strong> is the backbone of the economy, and Qargo is delivering meaningful, measurable cost and CO2 efficiency gains for <strong>fleets<\/strong> of all sizes. They are building something genuinely transformative in the transportation-technology market, and we are excited to back them on the journey ahead.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Stijn Gheyle, Chief Operating Officer at CLdN Cargo, said:<\/strong> \u201cEfficiency, transparency, and flexibility are central to our customer offering. Qargo\u2019s intelligent transportation management platform provides the scalability and automation we need to further enhance our multimodal services and deliver an even better experience for our customers.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About Qargo<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Founded in 2020, Qargo is an intelligent, cloud-based <strong>Transportation Management<\/strong> platform that goes beyond the limits of traditional TMS systems. Designed for <strong>carriers<\/strong>, <strong>freight forwarders<\/strong>, and <strong>3PLs<\/strong>, Qargo helps modern logistics companies digitize operations and automate repetitive manual work across the full transportation cycle\u2014from <strong>order entry<\/strong> and <strong>dispatch<\/strong> to <strong>optimizing lanes<\/strong> and <strong>building loads<\/strong>, <strong>billing<\/strong>, and reporting. It integrates seamlessly with existing tools, helping businesses operate more efficiently and profitably, reduce environmental impact, and scale with confidence. For more information, visit <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.qargo.com\">www.qargo.com<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About Sofina<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Sofina is a Belgian investment company listed on Euronext Brussels. Its mission is to partner with leading entrepreneurs and families, backing them with patient capital and supportive advice to foster sustainable long-term growth. The company has investments in Europe, Asia, and the United States in sectors including consumer and retail, digital transformation, education, healthcare and life sciences, and sustainable supply chains. For more information, visit <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.sofinagroup.com\">www.sofinagroup.com<\/a>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Would you like me to create a US-localized press release summary or a social media announcement based on this news?<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Ghent and London, December 11, 2025: Qargo, the intelligent Transportation Management System (TMS) significantly cutting operating costs for transportation operators, today announced it has raised $33 million in Series B funding. The round was led by Sofina, the Belgian family-backed investment company with deep roots in the industry, alongside existing investor Balderton Capital. This follows [&hellip;]","protected":false},"author":16,"featured_media":9669,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[244],"tags":[546],"class_list":["post-9668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-us","tag-company"],"acf":[],"yoast_head":"<title>Qargo raises $33M in Series B funding round<\/title>\n<meta name=\"description\" content=\"Qargo raises $33M for its AI-driven TMS, automating dispatch and billing to drive efficiency for US carriers, 3PLs, and logistics fleets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.qargo.com\/us\/post\/series-b-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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