Stargo

Israel
Ra'anana, Central District, Israel, 4365007

Company profile

Stargo company profile

Founded in 2010, Stargo is a private company that aims to revolutionize the freight forwarding and supply chain industry by automating and optimizing routing and pricing in real-time in seconds. Using our Decision Support System (DSS) with extensive artificial intelligence capabilities, we offer dynamic optimized pricing and guaranteed payment (through a global banking network), maximizing the efficiency of the cargo shipping quote generation process and eliminating negative working capital on successful quotes. We use proprietary cloud-based big data, machine learning and optimization engines to optimize prices from tens of thousands of global carriers, as they rapidly change. Our artificially intelligent engine is the one way to make sense of the time-consuming and labor-intensive traditional pricing practices. Our vision is to see the freight forwarding, shipping and logistics industries experience a digital transformation, making them epically more efficient, profitable, reliable and robust.

Business identity

Contact email
[email protected]
Phone number
+972.54.467.6730
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$1M-$10M
Founded
2018-10-01, Month

Headquarters

Postal code
4365007
Country code
IL
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
5
Total equity funding
$35.5M
Last funding
Series C / $12M / 2022-03-17
Last equity funding
Series C / $12M
Investors
1
Lead investors
1
Founders
1
Articles
5

Founders and investors

Founders

Joel Sellam

Lead investors

South Israel Bridging Fund

Investors

South Israel Bridging Fund