Cargamos.com
Provides businesses with a network of hyperlocal delivery stations to store and fulfill their inventory for faster, more efficient deliveries.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
$7.0m | Seed | ||
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 250 % | 110 % | 39 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates, Company filings or news article
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Cargamos operates as a technology-driven logistics company aiming to refine last-mile delivery within Latin America. Founded in 2019 by Ivan Ariza, who serves as CEO, alongside Fabián Antorveza, Éverton Viana, and Víctor Herrera, the company commenced operations in 2020. Ariza's background includes prior experience founding and selling another last-mile logistics firm and heading logistics for SinDelantal.mx, which provided him with insights into the region's logistical and banking challenges. The company was established to make commerce more accessible by providing faster and more cost-effective delivery services.
The firm targets high-volume e-commerce brands and major retailers, including notable clients like Liverpool, Walmart, and Mercado Libre. Its business model combines physical infrastructure with proprietary software to manage an end-to-end logistics platform. Revenue is generated on a per-delivery basis, offering a significant cost reduction compared to the market average in Mexico City. To address regional payment challenges, Cargamos provides a cash-on-delivery option for unbanked customers.
Cargamos has developed a network of urban micro-fulfillment centers, which it calls "pods," by repurposing underutilized spaces such as parking garages and shopping malls. This strategy of creating a hyper-local distribution network allows the company to process and deliver packages in under three hours. The platform includes real-time parcel tracking and an app for drivers. The company has also introduced self-sufficient, solar-powered mobile pods that can be relocated on demand and utilizes electric vehicles to reduce its carbon footprint. In 2021, Cargamos secured a total of $11 million in a seed funding round from investors including Kayyak Ventures, Nazca, and FEMSA Ventures, which supported the development of a large fulfillment facility in Mexico City and the expansion of its pod network.
Keywords: last-mile logistics, e-commerce delivery, urban fulfillment, supply chain technology, micro-distribution, Latin America logistics, delivery network, sustainable logistics, retail logistics, cash on delivery