Our innovative AI engine transforms unstructured information into structured data, optimizing pricing, and automate shipment, in one click.
Business Model: SAAS
Revenue: $0
Employees: 11-50
Address:
City: Ra&s;anana
State: HaMerkaz
Zip:
Country: Israel
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.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2022 | Series C | 1 | $12M |
South Israel Bridging Fund South Israel Bridging Fund |
1/2022 | Series C | - | 2/2021 | Series C | $6.5M | 3/2016 | Series A | $5M | 11/2018 | Series B | $12M | 1/2022 | Series C | - |
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