Cargofy has raised an $11 million Series A to expand its AI digital employee agents, which handle carrier communications, paperwork, and dispatch tasks that are typically done by human staff. The pitch is aimed at 3PLs and brokerages that want to move more freight without adding back-office headcount.
The round: u.ventures, Toloka.vc, and Movens Capital led the round, which included $6 million in primary capital and $5 million in secondary. Intercom co-founder Des Traynor invested as an angel. The round brings Cargofy’s total funding to about $13.5 million; the company did not disclose a valuation. The secondary portion allowed earlier backers to sell part of their stake, which often signals investor demand.
What the company does: Cargofy’s AI agents connect to more than 70 logistics tools and handle routine dispatch work. That includes following up with carriers, searching for tenders, matching loads to cargo, and booking shipments.
The company says it has reached about $10 million in annual recurring revenue across roughly 2,000 customers, figures that have not been independently verified.
“One person can now do the work of ten,” said CEO Stakh Vozniak, describing the appeal for operators trying to handle more freight without increasing staff.
Competing approaches: Several startups are targeting the same market with different strategies. Augment has raised about $110 million to automate a broad range of logistics workflows, while FleetWorks raised $17 million. Cargofy is focused specifically on dispatch. The key test for all of them is whether their agents can handle live carrier operations reliably at the scale they claim, or whether difficult cases still require human intervention.
