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Cargomatic

Marketplace platform for local freight

Cargomatic logo
201-500 employees
  • B2B
  • Marketplace
  • Logistics
  • Transport
  • Freight
Downtown Core, Long Beach, CA

Company mission

To provide the increasingly on-demand world with on-demand freight capacity.

Top investors

35% employee growth in 12 months

Our take

Aspiring to become the "Uber for truckers", Cargomatic is a platform that connects shippers with available truckers who can help move their cargo.

Cargomatic allows shippers to list available jobs that local drivers can carry out and calculate the most efficient route before the job is presented to a network of drivers, just like Uber. Drivers are vetted by Cargomatic by reviewing their insurance and commercial licenses to ensure they have the necessary experience and training to transport another company’s goods.

Many other firms have tried and failed to launch similar concepts to Uber. Transport logistics is arguably more complicated due to cargo insurance, the driver, the dispatcher, pickup at the warehouse, drop-off with the warehouse manager, brokers and shippers. However, if Cargomatic is to crack this complicated puzzle, it would surely be a lucrative achievement.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • 401K match
  • Company Sponsored Life Insurance
  • Medical, dental, and vision
  • Flexible PTO

Company values

  • Sustainability
  • Transparency
  • Accountability
  • Modesty
  • Partnership

Funding (last 2 of 6 rounds)

Aug 2018

$35m

SERIES B

Mar 2016

$6m

SERIES A

Total funding: $55.8m

This company has top investors

Leadership

Brett Parker

(Co-Founder)

Started their career as a General Partner at The Shipping Partner, before founding Cargomatic in January 2013. They are also a Strategic Advisor for Fillogic, a Partner at The Triangle Group, and CCO at EDRAY Collaborative Port Logistics.

Jonathan Kessler

(Board Observer)

Having studied at the University of Illinois, they worked as a VP at Smith Barney International and DCTI Inc over 5 years. After almost 6 years as CEO of Hand Eye Technologies, they co-founded Cargomatic in 2013, originally serving as CEO.

Jobs (4)

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