CargoX

Name

CargoX

Legal name

CargoX, poslovne rešitve in svetovanje d.o.o.

Website

https://cargox.io

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Blockchain Trade Documentation Software

NAICS

Freight Transportation Arrangement (488510)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Cargo Security & Regulatory Filing Systems (ACI/AMS/ISF/ENS/ICS2) (TLAEAOAJ)

akta.pro secondary industries

Bills of Lading (B/L) & Sea Waybill Issuance/Management (TLACAHAA), Export/Import Documentation Preparation (Commercial Invoice, Packing List, Shipper’s Letter of Instruction) (TLACAHAD), Customs & Regulatory Filing Documentation (Entry/Exit Summaries, Declarations, ENS/AMS/ACI) (TLACAHAE)

Keywords

• Blockchain trade documents
• Electronic bill of lading
• Advance cargo information
• Digital trade corridor
• Trade finance digitization

Headquarters

HQ city

Ljubljana

HQ country

Slovenia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Document Transfer Fees: Charges per document transferred through the CargoX Platform. For Egypt ACI: 3 units per document with maximum 15 units per ACID number.
2. ACI Filing Fees: Fees charged per ACID (Advance Cargo Information Declaration) number for customs filing services. Sea shipments: 160 units per ACID; Air shipments: 80 units per ACID number.
3. MPCI Filing Services: Maritime Pre-Cargo Information filing services for UAE compliance. One filing fee per declaration with transparent pay-as-you-go pricing.
4. Electronic Bill of Lading Processing: Processing fees for creation, transfer, and management of electronic bills of lading including Master BL, House BL, FIATA eFBL, BIMCO eBL. HMM eBL transfers offered free until end of 2026.
5. Trade Finance Document Services: Services for trade finance institutions including electronic letter of credit creation, presentation, and escrow services for international trade.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels8 records

Core offering

CargoX operates a blockchain-based electronic trade document platform built on the public Ethereum blockchain with IPFS storage. The platform enables the creation, signing, transfer, and management of more than 65 types of electronic trade documents including bills of lading, letters of credit, certificates of origin, and other title-bearing instruments. It also offers country-specific Advance Cargo Information (ACI) filing services for customs authorities in Egypt and the UAE, trade finance solutions, and a Digital Trade Corridor enabling customs-to-customs data exchange.

Product overview

CargoX offers a unified blockchain-based platform for electronic trade document solutions, consisting of the core Blockchain Document Transfer (BDT) Platform and multiple integrated modules. The platform serves over 160,000 companies across 190 countries with support for over 65 document types. Key products include: the ACI (Advance Cargo Information) Solution with country-specific services for Egypt and UAE (MPCI); the Electronic Bill of Lading (eBL) ecosystem supporting multiple standards including House BL, BIMCO, FIATA, and HMM; the Digital Trade Corridor for customs-to-customs communication; Trade Finance Solutions including escrow and letter of credit services; and the Document Validation AI tool developed with TradeSun. Products are accessible via web application and REST API integration. The platform operates on public Ethereum blockchain with IPFS storage, delivering document security, instant transfer, and significant cost savings compared to traditional paper-based processes.

Differentiator

Problem solved

Functional benefit

Products and services

• CargoX Blockchain Document Transfer (BDT) Platform Core platform for creation, signing, transfer, and management of electronic trade documents using public Ethereum blockchain. Supports over 65 document types and serves as the foundational infrastructure for all other CargoX products.
• Advance Cargo Information (ACI) Solution
• Egypt ACI Filing Service Mandatory ACI filing service for shipments to Egypt integrated with NAFEZA single window. Supports sea freight (mandatory since October 2021) and air freight (mandatory from January 2026) with ACID number management, document upload, and customs submission.
• UAE MPCI Filing Service Maritime Pre-Cargo Information filing service for UAE enabling shipping lines, freight forwarders, and NVOCCs to submit Bill of Lading data to NAIC before loading at departure ports. Features AI-powered data extraction, automated validation, and real-time NAIC response management.
• Electronic Bill of Lading (eBL) Software for creating, transferring, and processing digital bills of lading. Supports all BL types (carrier/master, sea waybill, house, FIATA eFBL, BIMCO eBL) across all transport modes. Offers both PDF and structured electronic data formats.
• House Electronic Bill of Lading Digital house bill of lading management for freight forwarders and NVOCCs. Includes custom HBL templates, workflow automation for data input and ownership transfer, API integration capabilities, and compliance with electronic transferability regulations.
• BIMCO Electronic Bill of Lading Blockchain-secured management of BIMCO-standardized bills of lading (CONGENBILL, CONLINEBILL) for dry and liquid bulk cargoes. Aligns with UNCITRAL MLETR and UK ETDA 2023 standards.
• FIATA Electronic Bill of Lading FIATA Multimodal Negotiable Bill of Lading (eFBL) management for FIATA members. Enables issuance, management, and electronic transfer of eFBL compliant with FIATA standards and international multimodal transport regulations.
• HMM Electronic Bill of Lading Partnership with HMM shipping carrier enabling electronic bill of lading service. Provides eBL transfer with transfer time under 1 minute and 100% security via blockchain recording.
• Digital Trade Corridor Neutral data exchange layer for customs-to-customs communication enabling secure and seamless transfer of information between authorities. Removes need for complex bilateral technical integrations while supporting data comparison and early risk assessment across borders.
• Trade Finance Solutions Blockchain-based trade finance services enabling financial institutions to receive applications, process documents, and trigger payments in international trade. Includes escrow services and ICC-compliant letter of credit issuance under UCP600 and eUCP rules.
• Document Validation AI-powered document verification layer developed with TradeSun that automatically checks trade documents for errors and inconsistencies before submission to customs authorities, banks, and counterparties. Targets the 34% error rate in customs declarations.
• CargoX REST API Comprehensive REST API interfaces enabling corporate clients to integrate CargoX Platform capabilities including document transfer, envelope creation, webhooks, and authentication into their ERP systems. Supports JSON-based data structures with examples in C#, Go, JavaScript, and PHP.

Quantifiable outcome

• Reduces average cargo release time from 29 days to under 6 days for Egypt ACI implementation
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability4 records

Feature8 records

Partnerships

19 partnerships are on record, tiered core and minor.

• TradeSuncoreStrategic or Co-development Partner · 20 March 2026Launch of Document Validation, an integrated AI-powered verification layer combining TradeSun's agentic AI with CargoX's blockchain platform. Automatically checks trade documents pre-departure to reduce errors, rework, and cargo clearance delays. Targets 34% error rate in customs declarations. Initial release supports Egypt ACI filings with plans to expand to bank document presentations and other customs submissions.
• FinastracoreTechnology or Integration · 24 February 2026Strategic partnership to integrate CargoX's blockchain-secured electronic trade document platform with Finastra's Trade Innovation solution. Enables financial institutions to process trade documents digitally with enhanced security, fraud reduction, and reduced operational costs. Integration supports 65+ types of trade documents across global trade networks, aligning with Digital Container Shipping Association's goal of 100% electronic bills of lading by 2030.
• Abu Dhabi CustomscoreStrategic or Co-development Partner · 3 December 2025MoU signed to develop digital trade corridor connecting Abu Dhabi and Shanghai. CargoX provides blockchain infrastructure for secure, seamless cross-border trade between two major global trade centers. Partnership connects Abu Dhabi's position as global logistics hub with Shanghai's digital infrastructure. Builds on existing use of CargoX in Abu Dhabi's TradeChain platform.
• Shanghai E&P InternationalcoreStrategic or Co-development Partner · 3 December 2025MoU signed to develop digital trade corridor between Abu Dhabi and Shanghai. E&P provides technological infrastructure and expertise in digital logistics software solutions. Partnership enables trusted data exchange without requiring bilateral technical integrations between customs authorities.
• MTS (Egypt)coreStrategic or Co-development Partner · 1 July 2024MTS built Egypt's NAFEZA national single window system and partnered with CargoX for blockchain document transfer gateway. MTS CEO: 'partnering contractually with CargoX to leverage their leading-edge technology and advanced solutions' to transform from 19th Century manual customs to modern digital ecosystem.
• HMMcoreStrategic or Co-development Partner · 25 June 2024Partnership for integrated global electronic bill of lading service. HMM customers can issue eBLs electronically, receive them on CargoX Platform, transfer to consignees, and surrender for cargo delivery. Free eBL transfers offered until end of 2026. Enables HMM to deliver enhanced service and spearhead shipping industry digitalisation.
• UAE National Advance Information Center (NAIC)coreImplementation/ SI/ Consulting Partner · 15 April 2024CargoX first certified service provider for UAE Maritime Pre-Cargo Information (MPCI) program. Enables shipping lines, freight forwarders, and NVOCCs to submit Bill of Lading data before loading at foreign departure ports. Mandatory compliance from July 2025 with grace period until March 2026.
• Uganda NTFP-E PlatformminorImplementation/ SI/ Consulting Partner · 1 January 2024Ugandan National Trade Facilitation Platform for Export leverages CargoX Blockchain Document Transfer to streamline export processes. Integrates farmers, producers, traders, and government entities into unified digital platform. Improves trade efficiency and ensures compliance with global standards.
• India PCS 1xminorImplementation/ SI/ Consulting Partner · 1 January 2024Integration into Indian Port Community System PCS 1x through partnership with Portall Infosystems under Ministry of Shipping initiative. Enables blockchain document transfer for India's maritime trade ecosystem.
• Egyptian Customs Authority / NAFEZAcoreImplementation/ SI/ Consulting Partner · 1 October 2021CargoX integrated as blockchain document gateway for Egypt's NAFEZA single window system for international trade facilitation. System made ACI mandatory for sea freight (October 2021) and air freight (January 2026). Partnership resulted in 13% tax revenue increase, reduced cargo release from 29 to 6 days, and compliance costs from $600 to $175.
• DCSA (Digital Container Shipping Association)coreOthersActive participation in DCSA eDocumentation initiatives and standards for electronic bill of lading. Participated in proof-of-concept testing for interoperability with edoxOnline. May 2025: participated in first live, standards-based interoperable eBL transaction using DCSA data standards. June 2026: adopted DCSA Standard Annex v.2 for eBL Platform Interoperability with IGP&I approval.
• FIATAcoreOthersCargoX offers creation and transmission of standardized FIATA eFBL (electronic FIATA Multimodal Transport Bill of Lading). Participated in FIATA eFBL transfer testing with Arab Bank. FIATA drafted eFBL standard in May 2022.
• BIMCOcoreOthersCargoX joined BIMCO to advance eBL adoption. Finalizing feature for BIMCO-standardized electronic bills of lading transmission. BIMCO partnered with ICC and others to develop international eBL standard for dry and liquid bulk cargoes.
• ICC (International Chamber of Commerce)coreOthersAdheres to ICC & WTO Standards toolkit for Cross-border Paperless Trade and Uniform Rules for Digital Trade Transactions (URDTT). Award recipient at ICC C4DTI Awards 2023 and 2024. Active in Digital Standards Initiative.
• IGP&I (International Group of P&I Clubs)coreOthersReceived prestigious approval in February 2020 to become first approved provider of neutral, public blockchain eBLs. June 2026: IGP&I approved DCSA Standard Annex v.2 enabling cross-platform eBL exchange among approved providers.
• WCO (World Customs Organization)coreOthersCargoX provides blockchain expertise to WCO and follows WCO SAFE framework updates for harmonizing customs processing. Platinum sponsor of WCO Technology Conference 2024 in Rio, Gold sponsor for 2026 conference.
• ITFA (International Trade & Forfaiting Association)minorOthersParticipating in ITFA Digital Negotiable Instruments Initiative (DNI) to digitize bills of exchange and promissory notes using platform-independent approach.
• DGC (Digital Governance Council)coreOthersCargoX successfully completed DGC MLETR assessment for Electronic Transferable Records Management System, providing assurance of compliance with UNCITRAL Model Law on Electronic Transferable Records.
• UNCTAD / UN/CEFACTminorOthersGuided by UN/CEFACT multimodal transport reference data model for standards compliance.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• essDOCS: Long-established provider of electronic trade documentation (Cadet, DocDocs, CargoDocs) for bills of lading and other transport documents. Directly competes with CargoX in the eBL and electronic trade document transfer space across shipping lines, forwarders, and banks.
• Enigio: Swedish provider of trace:original, an electronic original document solution for negotiable trade documents including bills of lading. Closest direct competitor to CargoX, with similar focus on MLETR-compliant electronic transferable records and partnerships with Lloyd's Bank and IGP&I-approved providers.
• Bolero International: Pioneer in electronic bills of lading and trade finance messaging, now owned by the EBRD-affiliated group. Competes with CargoX in digital title transfer and trade document exchange for banks, carriers, and corporates.
• WAVE BL: Electronic bill of lading platform developed by Maritime Industry Corp in partnership with major carriers. Competes directly with CargoX in carrier-issued eBL distribution, particularly for container shipping lines.
• TradeGo: Hong Kong-based electronic bill of lading and trade finance platform backed by Asian shipping and banking consortium. Directly competes with CargoX in eBL issuance, transfer, and trade documentation across Asia-Pacific trade lanes.
• Contour (formerly Voltron): Blockchain-based trade finance network (R3 Corda-based) for letters of credit and digital documents. Competes with CargoX in digitizing bank-presented trade documents and overlaps on electronic bill of lading workflows.
• Komgo: Blockchain trade finance platform founded by a consortium of major commodity traders and banks, focused on digital letters of credit, KYC, and electronic document exchange. Competes with CargoX's trade finance offering and shares the same banking customer base.

Emerging players

• Global Shipping Business Network (GSBN): Consortium-backed blockchain platform led by major ocean carriers and terminal operators for trusted shipping data exchange including eBL. Competes with CargoX by offering carrier-aligned interoperability and institutional backing.
• Marco Polo Network: Trade finance network (originally on R3 Corda) connecting banks and corporates for working capital, payment, and document workflows. Overlaps with CargoX in digitizing trade documentation and financing for cross-border transactions.

Broad incumbents

• Surecomp: Long-standing provider of trade finance and trade compliance software for banks and corporates. While broader than CargoX, it competes in digitizing documentary trade and is an incumbent option for banks evaluating platform integrations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/cargoxio

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors

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

M&A

Investments

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

Frequently asked questions about CargoX