Cargofy Raises $6M Series A for Logistics AI Workers

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Cargofy, a logistics technology company based in Cedar Rapids, Iowa, has raised $6 million in Series A funding to keep building what it calls digital workers for freight operations. The round was led by u.ventures, Toloka.vc, and Movens Capital, with Des Traynor, co-founder of Intercom and Fin, also taking part.

The $6 million figure is the primary capital portion of a larger $11 million Series A round, which also included $5 million in secondary transactions.

Cargofy builds AI agents that automate freight operations for logistics companies across Europe, the United States, and the Caspian region. The agents are designed to replicate the day-to-day workflows of freight professionals, and the company has built them so customers do not have to change their existing processes to adopt the technology.

The results customers report are part of the pitch. According to Cargofy, a single dispatcher can manage a fleet 10 times the usual size, one 315-truck fleet is saving roughly $83,000 a month, and a US customer cut its annual costs by more than $5 million. More than 2,000 teams currently use the platform.

The new money is earmarked for international expansion. Cargofy plans to launch new operational hubs across Germany, the Netherlands, France, Spain, and additional regions in the United States, extending its reach into markets where freight operators are looking to automate.

With a fresh round closed and a customer base already in the thousands, Cargofy is positioning itself to grow its presence in an industry where margins are thin and efficiency gains carry real weight.