CargoSense

About CargoSense

Founded in 2012 by Richard Kilmer, CargoSense offers a Software-as-a-Service (SaaS) platform described as a 'Visibility OS' for supply chains. The company is headquartered in Reston, Virginia. Kilmer, a technology entrepreneur and software programmer, established the company after his tenure at LivingSocial and a career that includes co-founding other tech companies and serving in the U.S. Air Force at the Pentagon. His background in secure systems, logistics software for DARPA, and open-source contributions like RubyGems informed the company's direction.

CargoSense provides a device-agnostic software solution that aims to simplify logistics by transforming how organizations measure, automate, and collaborate. The platform uses sensor technology, machine learning, and AI-powered digital agents to provide real-time visibility and actionable insights into shipments. This enables clients to monitor environmental conditions like temperature, humidity, shock, and light, thereby reducing costs, preventing product loss, and improving efficiency. The business model is centered on its SaaS offering, serving enterprise clients in sectors with complex logistics, such as life sciences, pharmaceuticals, data centers, and food and beverage. Prominent customers have included Google for data center shipments and DHL for pharmaceuticals. The platform was notably used to monitor shipments of the first COVID-19 vaccines transported into the United States.

The company has progressed through several funding stages, initially backed by angel investors and the Virginia Innovation Partnership Corporation. It has raised a total of $18.1 million over four rounds, including a seed round in 2014 and a significant Series A round in June 2024. This latest $8 million investment was led by Lanza techVentures and included strategic participation from Merck Global Health Innovation Fund, aimed at expanding the platform's partner ecosystem and automation capabilities. CargoSense has been recognized for its growth, appearing on the Inc. 5000 and Financial Times' list of fastest-growing companies in the Americas.