Tech Company Financing Transactions

Cargo Funding Round

On 9/28/2018, Cargo raised $22 million in Series A funding from Founders Fund, 1894 and Aquiline Capital Partners.

Transaction Overview

Company Name
Cargo
Announced On
9/28/2018
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors

Founders Fund (Lead Investor) (Cyan Banister)

1894 (Simon Burton)

Aquiline Capital Partners

Coatue Management

CRCM

private investors (Christina Schwarzenegger)

private investors (Colin Carrier)

private investors (David Stern)

private investors (Emil Michael)

private investors (Josh Mohrer)

private investors (Maria Shriver)

private investors (Mark Pincus)

private investors (Patrick Schwarzenegger)

private investors (Paul Rosenberg)

private investors (Steve Aoki)

private investors (Vivi Nevo)

private investors (William Barnes)

RiverPark Ventures

Rosecliff Ventures

Proceeds Purpose
Cargo will utilize the capital to continue scaling its domestic and international businesses, while offering riders new digital services that improve their on-trip experience.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
453 West 17th St.
New York, NY 10011
USA
Phone
(929) 277-9140
Website
www.drivecargo.com
Email Address
[email protected]
Overview
Rideshare changed transit for everyone, everywhere. Cargo is connecting millions of riders with millions of products, everyday.
Profile
Cargo LinkedIn Company Profile
Social Media
Cargo Company Twitter Account
Company News
Cargo News
Facebook
Cargo on Facebook
YouTube
Cargo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeff Cripe
  Jeff Cripe LinkedIn Profile  Jeff Cripe Twitter Account  Jeff Cripe News  Jeff Cripe on Facebook
Co-Founder
Eric Aleman
  Eric Aleman LinkedIn Profile  Eric Aleman Twitter Account  Eric Aleman News  Eric Aleman on Facebook
VP - Bus. Development
James Cowen
  James Cowen LinkedIn Profile  James Cowen Twitter Account  James Cowen News  James Cowen on Facebook
VP - Operations
Stuart Clark
  Stuart Clark LinkedIn Profile  Stuart Clark Twitter Account  Stuart Clark News  Stuart Clark on Facebook
VP - Product Management
Jasper Wheeler
  Jasper Wheeler LinkedIn Profile  Jasper Wheeler Twitter Account  Jasper Wheeler News  Jasper Wheeler on Facebook
VP - Sales
Bekki Gredinger
  Bekki Gredinger LinkedIn Profile  Bekki Gredinger Twitter Account  Bekki Gredinger News  Bekki Gredinger on Facebook

 

 

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Prev: 9/28/2018: Rally Rd venture capital transaction
Next: 9/28/2018: Movista venture capital transaction

 

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