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Kargo

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uuid000045a

Namestring
Kargo
Legal namestring
Kargo Inc.
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Kargo is an industrial AI company headquartered in San Francisco that builds computer vision and edge-computing hardware deployed at warehouse loading docks to automate the capture of freight and inventory data. Its flagship product, the Kargo Tower, is installed at dock doors (with over 1,000 towers deployed across the United States as of late 2025) and reads any label, barcode, text, or image on inbound and outbound freight, automatically updating customers' existing inventory systems without RFID or manual scanning. A companion product, Kargo Lift, extends the hardware lineup to additional warehouse automation use cases. Together the hardware stack supports solutions across shipping and receiving automation, inventory management (including FSMA-compliant lot code traceability and shelf-life management), and operations optimization (claims management, automated ASNs, vendor scorecarding, financial reconciliation). In December 2025 the company announced Kargo Intelligence, an agentic AI platform intended to automate back-office workflows such as invoicing, claims disputes, and financial reconciliation on top of the data infrastructure captured by the hardware.

Kargo sells to Fortune 500 enterprises through an enterprise field-sales motion, with named customers spanning food and beverage producers (Tyson, Lineage, Utz, Tillamook, Kagome, Wayne Sanderson, Graphic Packaging), third-party logistics providers (Armada, NFI, Dircks, Wise), pharmaceuticals (Aurobindo), automotive (Mercedes-Benz), and other industrials (Corsair). Revenue is generated through three streams: recurring enterprise SaaS subscriptions to the Kargo software platform, sale or deployment of Kargo Tower and Lift hardware, and professional services tied to warehouse rollouts and system integration. Pricing is quote-based with no public list price; prospective customers request a demo or live warehouse video tour via the company website. As of late 2025, Kargo served 45+ Fortune 500 clients (up from three in 2022), had tripled its annual revenue between 2024 and 2025, and had raised approximately $91 million in venture funding across a seed round (February 2021, Founders Fund lead), a $25 million Series A (March 2022, Sozo Ventures lead), an $18.4 million intermediate round (June 2025, Matter Venture Partners lead), and a $42 million Series B (December 2025, Avenir Growth lead).

Short descriptiontext

Kargo is an industrial AI company that deploys proprietary computer vision hardware (Kargo Tower and Lift) at warehouse loading docks to automate freight scanning, damage detection, and inventory updates for Fortune 500 customers across food, pharma, logistics, CPG, and automotive industries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersSan Francisco, United States
HQ citystring
San Francisco
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
warehouse automation, computer vision logistics, loading dock scanning, supply chain visibility, freight inspection software
Industry2 codes
1End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management)
CodeHDAEANAAPrimaryYes
2AI Observability, Monitoring & Evaluation Platforms (Drift, Quality, Safety)
CodeHDAEANAFPrimaryNo
NAICS code3 codes
  • Computer Terminal and Other Computer Peripheral Equipment Manufacturing334118
  • Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables334513
  • Computer and Peripheral Equipment Manufacturing33411
SIC code3 codes
  • Computer Terminals3575
  • Services-Computer Integrated Systems Design7373
  • Industrial Instruments For Measurement, Display, And Control3823
Product category
Warehouse Logistics Automation Software
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Enterprise SaaS Platform Subscription
TypeSubscription Recurring
Description

Recurring SaaS subscription for the Kargo software platform (Kargo Intelligence, dashboards, integrations, and agentic AI workflows) deployed across enterprise customer warehouses.

ttnews.com
2Kargo Tower Hardware Sales / Deployment
TypeHardware Sales
Description

Sale or deployment of proprietary Kargo Tower hardware at customer dock doors; over 1,000 towers have been deployed across the United States across the customer base.

vcaonline.com
3Professional Deployment and Integration Services
TypeProfessional Services
Description

Enterprise deployment, integration with existing inventory systems (WMS/ERP), and ongoing professional services tied to warehouse rollouts.

roboticsandautomationnews.com
Cost components5 values
Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain
Pricing details1 tier
1Quote-based enterprise pricing; no public price list
ModelOther
Notes

Pricing not publicly disclosed; demos and live warehouse video tours available on request.

kargo.ai
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 3 records shown
1Kargo Tower
Description

Computer vision tower hardware product for automated scanning and freight monitoring at loading docks.

kargo.ai
+2 more records
Core offering1 text field

Kargo sells a hardware-plus-software industrial AI platform for warehouse loading docks. Its Kargo Tower and Kargo Lift hardware use computer vision and edge computing to automatically capture freight data (labels, barcodes, text, logos) and feed it into the Kargo software platform, which automates shipping and receiving, damage detection, inventory updates, ASN generation, and FSMA-compliant lot code traceability. The upcoming Kargo Intelligence agentic AI platform extends the offering to back-office workflows such as invoicing, claims disputes, and financial reconciliation.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Kargo offers a hardware-plus-software platform that turns the warehouse loading dock into a source of accurate, real-time data. Its core hardware products are the Kargo Tower and Kargo Lift, computer vision devices deployed at dock doors (over 1,000 towers across the US as of late 2025) that automatically capture freight information - labels, barcodes, text, images - and feed it into the Kargo software platform. The platform is organized into three solution areas: Shipping & Receiving Automation (Automated Scanning, Damage Detection, Shipment Verification, Load Verification), Inventory Management (Inventory Visibility, Shelf Life Management, Lot Code Traceability, FSMA Compliance), and Operations Optimization (Claims Management, Financial Reconciliation, Automated ASNs, Vendor Scorecarding). Kargo Intelligence, an agentic AI platform announced as part of the December 2025 Series B funding, extends the offering by automating back-office workflows such as invoicing, claims disputes, and financial reconciliation on top of the data infrastructure.

Product and service3 records
1Kargo Tower
CategoryIndustrial AI Hardware
Description

Proprietary computer vision hardware tower deployed at warehouse loading dock doors (over 1,000 towers deployed across the US as of late 2025) that uses computer vision and edge computing to automatically scan and capture freight data — labels, barcodes, text, and logos — and feed it into the Kargo software platform for real-time shipping and receiving automation without RFID or manual scanning. Targeted at enterprise warehouse and distribution operations.

2Kargo Lift
CategoryIndustrial AI Hardware
Description

Second hardware product in Kargo's loading dock automation lineup, complementing the Kargo Tower in the company's hardware-plus-software architecture for connecting physical logistics with digital management tools at warehouse dock doors.

3Kargo Intelligence
CategoryAgentic AI Platform
Description

Agentic AI platform announced alongside the December 2025 Series B funding, designed to automate back-office warehouse workflows including invoicing, claims disputes, and financial reconciliation on top of the data infrastructure captured by Kargo Tower and Lift hardware at warehouse dock doors. Targeted at enterprise customers seeking to extend loading dock automation into finance and operations reconciliation workflows.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

GreyOrange delivers AI-driven warehouse fulfillment robotics and software, competing for the same enterprise warehouse-automation RFPs as Kargo.

TypeDirect peer
Description

Gather AI uses computer vision (drone-based) for warehouse inventory visibility, applying the same computer-vision-to-warehouse-data thesis as Kargo but from an inventory-cycle perspective.

TypeDirect peer
Description

Symbotic builds AI-driven warehouse automation systems for large enterprise retailers and 3PLs, serving a similar Fortune 500 customer base and competing for the same automation budget as Kargo.

TypeBroad incumbent
Description

Blue Yonder provides AI-driven supply chain and warehouse management software, and is a credible broad incumbent that could integrate or acquire dock-door vision capabilities similar to Kargo's.

TypeDirect peer
Description

Berkshire Grey develops AI robotics for warehouse fulfillment and supply chain automation, addressing the same enterprise warehouse-automation customer profile as Kargo.

TypeBroad incumbent
Description

Samsara is a publicly-traded IoT and operations platform with significant penetration into logistics and warehousing, offering a broader operations-monitoring suite that overlaps with Kargo's dock-door visibility and inventory use cases.

TypeBroad incumbent
Description

Manhattan Associates is a leading supply chain and warehouse management software vendor whose platform could be extended with dock-door and computer-vision capabilities that compete with Kargo's offering.

TypeDirect peer
Description

Locus Robotics provides autonomous mobile robots and AI orchestration for warehouse fulfillment, targeting the same large-enterprise warehouse operations that Kargo serves with dock-door automation.

TypeDirect peer
Description

Voxel applies AI-powered computer vision to warehouse and industrial operations for safety and operational monitoring, overlapping directly with Kargo's use of vision AI at warehouse dock doors to flag damage and OS&D issues.

TypeBroad incumbent
Description

Honeywell's Intelligrated business is a large warehouse-automation incumbent offering WMS/WCS, conveyor and AS/RS systems; it represents a bundled competitor that can compete with Kargo's dock-door visibility within a wider automation contract.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability8 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors21 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Kargo

Warehouse Logistics Automation Softwarekargo.ai

Kargo is an industrial AI company that deploys proprietary computer vision hardware (Kargo Tower and Lift) at warehouse loading docks to automate freight scanning, damage detection, and inventory updates for Fortune 500 customers across food, pharma, logistics, CPG, and automotive industries.

What Kargo does

Kargo is an industrial AI company headquartered in San Francisco that builds computer vision and edge-computing hardware deployed at warehouse loading docks to automate the capture of freight and inventory data. Its flagship product, the Kargo Tower, is installed at dock doors (with over 1,000 towers deployed across the United States as of late 2025) and reads any label, barcode, text, or image on inbound and outbound freight, automatically updating customers' existing inventory systems without RFID or manual scanning. A companion product, Kargo Lift, extends the hardware lineup to additional warehouse automation use cases. Together the hardware stack supports solutions across shipping and receiving automation, inventory management (including FSMA-compliant lot code traceability and shelf-life management), and operations optimization (claims management, automated ASNs, vendor scorecarding, financial reconciliation). In December 2025 the company announced Kargo Intelligence, an agentic AI platform intended to automate back-office workflows such as invoicing, claims disputes, and financial reconciliation on top of the data infrastructure captured by the hardware.

Kargo sells to Fortune 500 enterprises through an enterprise field-sales motion, with named customers spanning food and beverage producers (Tyson, Lineage, Utz, Tillamook, Kagome, Wayne Sanderson, Graphic Packaging), third-party logistics providers (Armada, NFI, Dircks, Wise), pharmaceuticals (Aurobindo), automotive (Mercedes-Benz), and other industrials (Corsair). Revenue is generated through three streams: recurring enterprise SaaS subscriptions to the Kargo software platform, sale or deployment of Kargo Tower and Lift hardware, and professional services tied to warehouse rollouts and system integration. Pricing is quote-based with no public list price; prospective customers request a demo or live warehouse video tour via the company website. As of late 2025, Kargo served 45+ Fortune 500 clients (up from three in 2022), had tripled its annual revenue between 2024 and 2025, and had raised approximately $91 million in venture funding across a seed round (February 2021, Founders Fund lead), a $25 million Series A (March 2022, Sozo Ventures lead), an $18.4 million intermediate round (June 2025, Matter Venture Partners lead), and a $42 million Series B (December 2025, Avenir Growth lead).

Kargo firmographics

Firmographics
Name
Kargo
Legal name
Kargo Inc.
Website
https://www.kargo.ai
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
101–250 employees
Short description
Kargo is an industrial AI company that deploys proprietary computer vision hardware (Kargo Tower and Lift) at warehouse loading docks to automate freight scanning, damage detection, and inventory updates for Fortune 500 customers across food, pharma, logistics, CPG, and automotive industries.
Ownership category
akta.pro rank

Kargo industry classification

Industry
Product category
Warehouse Logistics Automation Software
NAICS
Computer Terminal and Other Computer Peripheral Equipment Manufacturing (334118), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Computer and Peripheral Equipment Manufacturing (33411)
SIC
Computer Terminals (3575), Services-Computer Integrated Systems Design (7373), Industrial Instruments For Measurement, Display, And Control (3823)
akta.pro primary industry
End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)
akta.pro secondary industry
AI Observability, Monitoring & Evaluation Platforms (Drift, Quality, Safety) (HDAEANAF)

Keywords

  • Warehouse automation
  • Computer vision logistics
  • Loading dock scanning
  • Supply chain visibility
  • Freight inspection software

Where Kargo is headquartered

Location

Headquarters

HQ city
San Francisco
HQ country
United States
HQ region
North America

Markets served

Kargo business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

  1. Enterprise SaaS Platform Subscription: Recurring SaaS subscription for the Kargo software platform (Kargo Intelligence, dashboards, integrations, and agentic AI workflows) deployed across enterprise customer warehouses.
  2. Kargo Tower Hardware Sales / Deployment: Sale or deployment of proprietary Kargo Tower hardware at customer dock doors; over 1,000 towers have been deployed across the United States across the customer base.
  3. Professional Deployment and Integration Services: Enterprise deployment, integration with existing inventory systems (WMS/ERP), and ongoing professional services tied to warehouse rollouts.

Pricing tiers

ModelBillingPrice
Other—Quote-based enterprise pricing; no public price list

Go-to-market motion1 record

Kargo product offering

Product offering

Core offering

Kargo sells a hardware-plus-software industrial AI platform for warehouse loading docks. Its Kargo Tower and Kargo Lift hardware use computer vision and edge computing to automatically capture freight data (labels, barcodes, text, logos) and feed it into the Kargo software platform, which automates shipping and receiving, damage detection, inventory updates, ASN generation, and FSMA-compliant lot code traceability. The upcoming Kargo Intelligence agentic AI platform extends the offering to back-office workflows such as invoicing, claims disputes, and financial reconciliation.

Product overview

Kargo offers a hardware-plus-software platform that turns the warehouse loading dock into a source of accurate, real-time data. Its core hardware products are the Kargo Tower and Kargo Lift, computer vision devices deployed at dock doors (over 1,000 towers across the US as of late 2025) that automatically capture freight information - labels, barcodes, text, images - and feed it into the Kargo software platform. The platform is organized into three solution areas: Shipping & Receiving Automation (Automated Scanning, Damage Detection, Shipment Verification, Load Verification), Inventory Management (Inventory Visibility, Shelf Life Management, Lot Code Traceability, FSMA Compliance), and Operations Optimization (Claims Management, Financial Reconciliation, Automated ASNs, Vendor Scorecarding). Kargo Intelligence, an agentic AI platform announced as part of the December 2025 Series B funding, extends the offering by automating back-office workflows such as invoicing, claims disputes, and financial reconciliation on top of the data infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

  • Kargo Tower: Computer vision tower hardware product for automated scanning and freight monitoring at loading docks.
  • Kargo Lift
  • Kargo Intelligence

Products and services

  • Kargo Tower Proprietary computer vision hardware tower deployed at warehouse loading dock doors (over 1,000 towers deployed across the US as of late 2025) that uses computer vision and edge computing to automatically scan and capture freight data — labels, barcodes, text, and logos — and feed it into the Kargo software platform for real-time shipping and receiving automation without RFID or manual scanning. Targeted at enterprise warehouse and distribution operations.
  • Kargo Lift Second hardware product in Kargo's loading dock automation lineup, complementing the Kargo Tower in the company's hardware-plus-software architecture for connecting physical logistics with digital management tools at warehouse dock doors.
  • Kargo Intelligence Agentic AI platform announced alongside the December 2025 Series B funding, designed to automate back-office warehouse workflows including invoicing, claims disputes, and financial reconciliation on top of the data infrastructure captured by Kargo Tower and Lift hardware at warehouse dock doors. Targeted at enterprise customers seeking to extend loading dock automation into finance and operations reconciliation workflows.

Companies that use Kargo

Customer profile

Ideal customer profiles2 records

Kargo technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature6 records

Kargo partnerships and signals

Strategic signal

Recent moves7 records

Expansion highlights2 records

Kargo competitors and assessment

Company assessment

Direct peers

  • GreyOrange: GreyOrange delivers AI-driven warehouse fulfillment robotics and software, competing for the same enterprise warehouse-automation RFPs as Kargo.
  • Gather AI: Gather AI uses computer vision (drone-based) for warehouse inventory visibility, applying the same computer-vision-to-warehouse-data thesis as Kargo but from an inventory-cycle perspective.
  • Symbotic: Symbotic builds AI-driven warehouse automation systems for large enterprise retailers and 3PLs, serving a similar Fortune 500 customer base and competing for the same automation budget as Kargo.
  • Berkshire Grey: Berkshire Grey develops AI robotics for warehouse fulfillment and supply chain automation, addressing the same enterprise warehouse-automation customer profile as Kargo.
  • Locus Robotics: Locus Robotics provides autonomous mobile robots and AI orchestration for warehouse fulfillment, targeting the same large-enterprise warehouse operations that Kargo serves with dock-door automation.
  • Voxel: Voxel applies AI-powered computer vision to warehouse and industrial operations for safety and operational monitoring, overlapping directly with Kargo's use of vision AI at warehouse dock doors to flag damage and OS&D issues.

Broad incumbents

  • Blue Yonder: Blue Yonder provides AI-driven supply chain and warehouse management software, and is a credible broad incumbent that could integrate or acquire dock-door vision capabilities similar to Kargo's.
  • Samsara: Samsara is a publicly-traded IoT and operations platform with significant penetration into logistics and warehousing, offering a broader operations-monitoring suite that overlaps with Kargo's dock-door visibility and inventory use cases.
  • Manhattan Associates: Manhattan Associates is a leading supply chain and warehouse management software vendor whose platform could be extended with dock-door and computer-vision capabilities that compete with Kargo's offering.
  • Honeywell Intelligrated: Honeywell's Intelligrated business is a large warehouse-automation incumbent offering WMS/WCS, conveyor and AS/RS systems; it represents a bundled competitor that can compete with Kargo's dock-door visibility within a wider automation contract.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Kargo social profiles

Digital presence

Kargo financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Kargo leadership team

Management profile

Number of profiles

Profiles2 records

Kargo funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors21 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Kargo M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kargo

What does Kargo do?

Kargo sells a hardware-plus-software industrial AI platform for warehouse loading docks. Its Kargo Tower and Kargo Lift hardware use computer vision and edge computing to automatically capture freight data (labels, barcodes, text, logos) and feed it into the Kargo software platform, which automates shipping and receiving, damage detection, inventory updates, ASN generation, and FSMA-compliant lot code traceability. The upcoming Kargo Intelligence agentic AI platform extends the offering to back-office workflows such as invoicing, claims disputes, and financial reconciliation.

Is Kargo a public or private company?

Kargo is a private company. It is classified as venture growth investor backed and is currently operating.

When was Kargo founded?

Kargo was founded in 2019. It employs 101 to 250 people.

Where is Kargo based?

Kargo is headquartered in San Francisco, United States, in the North America region.

How does Kargo make money?

Three revenue lines are on record. Enterprise SaaS Platform Subscription is the primary driver. The others are kargo Tower Hardware Sales / Deployment and professional Deployment and Integration Services.

Who are Kargo's main competitors?

Direct peers on record are GreyOrange, Gather AI, Symbotic, Berkshire Grey, Locus Robotics and Voxel. Broad incumbents are Blue Yonder, Samsara, Manhattan Associates and Honeywell Intelligrated.

Does Kargo have an API?

No public API is recorded for Kargo.

What industry is Kargo in?

Kargo's product category is Warehouse Logistics Automation Software. Its primary akta.pro industry code is HDAEANAA, End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management), with a secondary code of HDAEANAF, AI Observability, Monitoring & Evaluation Platforms (Drift, Quality, Safety). Its NAICS code is 334118 and its SIC code is 3575.

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Live signals
Unite.AIKargo’s Camera Towers Automate Receiving at Lineage’s Alabama WarehouseKargo and Lineage announced on August 26, 2026 that automated receiving is running at Lineage's Decatur, Alabama warehouse, which serves poultry plants. The camera towers logged over 64,000 receipts in six months, processing more than 500 pallets daily and reducing receipt time from minutes to seconds. Automated outbound load scanning is scheduled to launch at Decatur shortly.Third NewsKargo Revolutionizes Warehouse Operations with AI Technology at Lineage FacilityKargo, an AI-driven vision technology provider, partnered with Lineage, a temperature-controlled logistics firm, to automate receiving operations at its Decatur, Alabama facility serving poultry processing plants. Over six months, the system processed more than 64,000 receipts, cutting pallet identification from minutes to seconds, with over 500 pallets processed daily. Lineage plans to roll out automated load scanning soon.PR NewswireKargo Implements Automated Receiving at Lineage's Decatur, Alabama Facility Supporting One of Nation's Largest Poultry ProducersKargo and Lineage announced automated receiving at Lineage's Decatur, Alabama warehouse, using AI camera towers to capture inbound inventory data. The system has automated over 64,000 receipts in six months, processing more than 500 pallets daily. Automated load scanning is scheduled to launch in Decatur shortly.MorningstarKargo Implements Automated Receiving at Lineage's Decatur, Alabama Facility Supporting One of Nation's Largest Poultry ProducersKargo deployed AI-powered camera towers at Lineage's Decatur, Alabama warehouse to automate receiving for adjacent poultry plants. The system has processed over 64,000 receipts in six months, handling more than 500 pallets daily. Automated load scanning is scheduled to launch in Decatur shortly.The CurrencyFive years on, a dispute over earn-outs haunts Kargo’s acquisition of StitcherAds - The CurrencyKargo paid €55 million for StitcherAds in 2021, but five years later, four StitcherAds shareholders filed arbitration in Ireland against Kargo, alleging unpaid earn-outs. The dispute centers on the financial performance of the acquired business, with Kargo claiming underperformance.Castle PlacementTop 10 Logistics Capital Raises and Investors in the U.S. – November 16th to December 31st, 2025Castle Placement compiled a list of 10 logistics capital raises in the U.S. between November 16th and December 31st, 2025, spanning seed rounds through later-stage venture funding and M&A transactions. Notable deals include Kargo's $42 million Series B led by Avenir Growth Capital, SuperCircle's $24 million Series A led by Foundry Group, and Ember Life Sciences' $16.5 million Series A led by Sea Court Capital, collectively representing over $85 million in disclosed funding. The roundup also captures two acquisition transactions—UAC USA acquired by Awaship and XGS acquired by Little River Transportation—alongside smaller seed and development-stage investments in logistics technology, fleet management, and warehouse automation.Robotics & Automation NewsKargo raises $42 million Series B to scale global warehouse deployment with enterprise clientsKargo, a specialist developer of industrial AI technology for supply chain and logistics, has closed a $42 million Series B funding round led by Avenir, with participation from Linse Capital, Hearst Ventures, Lightbank, and previous investors Matter Venture Partners and Sozo Ventures. Since its Series A in 2022, the company has expanded its enterprise customer base from three to more than 45 Fortune 500 clients, deployed over 1,000 towers, and tripled its annual revenue from 2024 to 2025. Looking ahead, Kargo plans to accelerate deployment of Kargo Intelligence, an agentic AI platform that automates back-office workflows including invoicing, claims disputes, and financial reconciliation.AI CERTsKargo AI lands $42M to scale pallet-vision towersKargo AI closed a $42 million Series B funding round on December 22, 2025, led by investors including Avenir, Linse Capital, Hearst Ventures, and Lightbank, bringing its total raise to approximately $60 million within seven months. The company, which claims three-fold annual recurring revenue growth between 2024 and 2025, serves over 45 enterprise customers and has deployed more than 1,000 pallet-vision towers globally. Proceeds will accelerate tower installations across North America, Europe, and Asia, fund new Kargo Intelligence software for back-office automation, and double headcount in engineering and go-to-market functions.WWDAI Meets the Warehouse Loading Dock: Kargo Raises $42 MillionKargo, an AI-powered computer vision company automating shipping and receiving processes at warehouse loading docks, has closed a $42 million Series B funding round led by Avenir Growth with participation from Linse Capital, Hearst Ventures, Lightbank, Matter Venture Partners and Sozo Ventures. The company reports that its annual revenue tripled from 2024 to 2025, its enterprise customer base expanded from three to more than 45, and it has deployed over 1,000 towers across the US. Kargo says the funding will accelerate its real-time inventory data infrastructure expansion and support the launch of Kargo Intelligence, a platform designed to automate back-office workflows including invoicing, claims disputes and financial reconciliation.Pulse 2.0Kargo: $42 Million Series B Raised To Expand AI-Powered Warehouse DeploymentsKargo raised $42 million in a Series B led by Avenir to scale its AI-powered warehouse and loading dock technology. The company has grown from three to over 45 enterprise customers, including Fortune 500 firms, and deployed more than 1,000 towers. It plans to add Kargo Intelligence for back-office automation.