# CargoGuard

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cargoguard

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.cargoguard.com
- Latest round: Seed (Dec 23, 2008)
- Investors on record: 2

## About

CargoGuard GmbH specializes in logistics solutions that enhance cargo transport transparency and security through IoT-powered tracking devices and security systems.CargoGuard GmbH provides advanced logistics solutions focused on cargo security and tracking. Headquartered in Munich, Germany, the company raised EUR 3.1 million in Growth Capital funding in December 2011, with investments from LBBW Venture Capital, BayBG, MySpace, M-Investar, FBcon, High-Tech Gründerfonds, and Bayern Kapital. The firm was founded by Thomas Wilde, who has previously established other ventures in the tech sector.CargoGuard specializes in providing comprehensive logistics solutions that enhance the transparency and security of cargo transport. Their core product offerings include a range of tracking devices and security solutions powered by Internet of Things (IoT) technology. These products feature integrated sensors that monitor critical parameters such as location, temperature, humidity, and unauthorized access, allowing for real-time tracking and condition monitoring of high-value assets during transit. The company's online platform, CargoControl, serves as a central hub for clients to access and manage their data, facilitating seamless integration via API into existing systems. CargoGuard’s solutions cater to various industries, including logistics, finance, and pharmaceuticals, targeting clients with stringent security and monitoring needs. Their geographical markets extend beyond Germany, serving clients globally across Europe, North America, and Asia, adapting to the diverse logistical challenges faced by different sectors.CargoGuard generates revenue through a combination of subscription models and direct sales of its tracking and security products to logistics companies, manufacturers, and other businesses requiring asset protection. Clients typically enter into contracts that include ongoing access to the CargoControl platform, which enhances supply chain visibility and operational efficiency for their logistics processes. The company offers various pricing tiers based on the scale of the client’s operations and specific service requirements, with each tier providing different levels of access to features such as real-time alerts, data analytics, and customizable monitoring solutions. CargoGuard’s flagship products, including their advanced cargo trackers and security boxes, are integral to their revenue model, designed to meet the needs of high-value transport across multiple sectors. The revenue structure reflects a commitment to delivering value through innovative technology, ensuring that clients can maximize asset protection and compliance with industry standards.CargoGuard plans to leverage the EUR 3.1 million raised in Growth Capital funding from December 2011 to support the development of new products and enhancements to existing offerings. The firm aims to launch advanced tracking devices by the end of 2023, targeting expansion into markets in South America and Africa by 2025. The funding will also facilitate improvements to the CargoControl platform to enhance client data management and operational efficiency.

## Funding rounds

- Seed, Dec 23, 2008 — High-Tech Gruenderfonds, Bayern Kapital

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Seed