Nuvocargo
Latest round
- Series B
Last raised
- Jun 2023
Total raised
- $54M
Investors
- 13
About Nuvocargo
Nuvocargo Inc.Founded in 2019 and headquartered in New York, Nuvocargo Inc. specializes in AI-powered logistics services tailored for cross-border freight.Nuvocargo specializes in providing AI-powered logistics solutions tailored for cross-border freight between the United States and Mexico. The company’s core offerings include managed transportation, freight brokerage, and customs services. Their managed transportation solution integrates advanced AI technology to optimize supply chain operations, enabling clients to reduce freight costs by up to 7% while enhancing service levels. The freight brokerage service is designed for seamless cross-border shipping, leveraging a network of over 20,000 trucks to ensure efficient transport and compliance with CTPAT standards. Additionally, Nuvocargo's customs services expedite clearance processes, contributing to border crossing times that are up to 40% faster.Nuvocargo's revenue model is primarily based on service fees associated with their logistics offerings, which include managed transportation, freight brokerage, and customs support. The company engages in B2B transactions, partnering with shippers and carriers to facilitate efficient cross-border movement of goods. Clients typically pay for services based on transactional volume and service level agreements which may include monthly subscription fees for ongoing logistics support and one-time fees for specific freight brokerage transactions. The pricing structure is designed to align with the needs of North American shippers, providing tailored solutions that encourage long-term partnerships.In April 2025, Nuvocargo Inc.S. logistics capabilities, which will enhance its cross-border services across North America. The company aims to further develop its logistics solutions and is actively designing new products to enhance operational efficiency.
Who invested in Nuvocargo
13 investors across 5 rounds
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Questions about Nuvocargo
Who invested in Nuvocargo?
Nuvocargo has 13 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Nuvocargo raised?
Nuvocargo has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Nuvocargo last raise money?
Nuvocargo's most recent round on record is a Series B, in Jun 2023.
What does Nuvocargo do?
Nuvocargo is a logistics & distribution company.
Where is Nuvocargo headquartered?
Nuvocargo is headquartered in New York, US.
Which VCs invest in companies like Nuvocargo?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back logistics & distribution companies at Nuvocargo's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Series B
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