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Qargo

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Intelligent cloud TMS for European road freight

London, United KingdomFounded 2020Transportation
Valuation $100–250M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Qargo and the history behind them.

About Qargo

Qargo is a Ghent-based cloud Transport Management System (TMS) founded in 2020 by Adriaan Coppens that helps carriers, freight forwarders and 3PLs digitise the full road-transport cycle from order entry and planning to load building, invoicing and reporting. Qargo Intelligence, its AI layer, automates repetitive admin and optimisation so customers can cut empty running and reclaim planner time; press cites invoicing through the platform rising from about €479 million to more than €2.1 billion a year and the customer base expanding from roughly 100 to over 400 after Series A. In December 2025 Qargo raised €28 million ($33 million) Series B led by Sofina with returning Balderton Capital, taking total investment to €46 million ($54 million), to scale the team, markets and agentic AI product while remaining independent. Sources: EU-Startups 11 Dec 2025.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
London, United Kingdom
Employees
194
Open positions
15
Dealroom signal
94.6/100
Industry
Transportation
Sub-industry
Mobility
Sector
Transportation, uk is8 digital and technologies
Technology
Artificial Intelligence
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Dec 2025 $31M $125M Balderton Capital · Sofina ↗
SERIES AOther financing Jun 2024 $13M $53M Balderton Capital ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Qargo website traffic

Latest recorded traffic for Qargo is 90K monthly website visits, up 20% over the last three months. Qargo's team grew 49.2% over the past year.

Latest monthly visits90K 3-month web change+20% 1-year team growth+49.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Stride.VC

Series A2 investors entered at this stage

Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇧🇪 Belgium58.8%
🇬🇧 United Kingdom26.4%
🇫🇷 France5.4%
🇳🇱 Netherlands3.4%
🇮🇪 Ireland2.7%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Qargo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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