What 123cargo does

123cargo is a Romania-headquartered electronic freight exchange platform operated by DacodaSoft SRL, connecting road transport counterparties across Romania, Moldova, Bulgaria, and broader Europe. Founded in 2001 as BursaTransport (the domestic brand) and rebranded internationally as 123cargo in 2013, the platform runs as a two-sided marketplace where shippers, forwarders, and carriers post loads and available trucks for real-time matching, supplemented by a spot-bidding auction module. The company is a subsidiary of Belgium-based Alpega Group (Alpega S.A./N.V.), which also operates the Teleroute and Wtransnet freight exchanges; since March 2023, load postings have been unified across all three Alpega exchanges in real time for subscribers in Romania, Moldova, and Bulgaria.

The platform's technology stack is a web-based self-serve application with multi-language support (Romanian, English, Bulgarian), in-app chat with automatic translation, and modular add-ons including 123Fast Collection (invoice factoring), Coface Belgium-backed Payment Guarantee, Payment and Transport Incident reporting, CreditReform company risk reports, Romanian government data verification (ARR, ANAF, Ministry of Finance), European road distance and diesel price tools, and driving restriction databases. A 2-year company scoring system aggregates behavioral, payment, and incident data accumulated since 2001, functioning as a trust layer on the marketplace. No API, SDK, or AI/ML capabilities are disclosed.

The business model is subscription-based self-serve PLG: companies pay €105/month or €270/quarter (effective April 2026, up ~50% from prior rates) for full platform access, with all users within a subscribing company included. Value-added services (invoice financing, insurance-backed guarantees, credit reports) generate supplementary transaction- and usage-based revenue. GTM relies on organic inbound, word-of-mouth among CEE transport professionals, and the established incumbent position rather than outbound sales. The company serves ~16,402 average customers in 2025 with 11-50 employees and no external venture funding, operating as a profitable cash-generating unit within the larger Alpega conglomerate.

Name

123cargo

Legal name

DacodaSoft SRL

Website

https://123cargo.eu

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

123cargo (DacodaSoft SRL) operates a subscription-based electronic freight exchange platform connecting ~16,000 road transport companies across Romania, Moldova, Bulgaria, and Europe. A subsidiary of Belgium's Alpega Group, it offers self-serve load-truck matching, spot bidding, invoice financing, and Coface-backed payment guarantees.

Ownership category

akta.pro rank

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription Fees: The primary revenue stream is subscription-based access to the platform. Subscriptions are prepaid and available in 1-month, 3-month, and annual terms. All users of a subscribing company have access.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

123cargo (also branded as BursaTransport for Romanian users) is an electronic freight exchange platform that connects shippers, forwarders, and carriers for European road transport. The platform enables real-time posting and searching of loads and trucks, supports auction-style spot bidding, and offers ancillary services including invoice factoring (123Fast Collection), payment guarantee insurance (backed by Coface Belgium), payment and transport incident reporting, and company credit verification.

Product overview

123cargo (also known as BursaTransport for Romanian users) is an electronic freight exchange platform owned by the Alpega Group, operating alongside Teleroute and Wtransnet. The core offering is the freight exchange connecting shippers, forwarders, and carriers for road transport. The platform provides spot freight matching with load/truck search and posting, complemented by a Spot Bidding auction module. Value-added services include 123Fast Collection (invoice factoring), Payment Guarantee (Coface-backed insurance), Payment/Transport Incident reporting, Company Reports (CreditReform), and Romanian Company Verification. Auxiliary tools include European road distances, diesel prices, driving restrictions, currency converter, legal advisory, company directory (fleets/warehouses), and long-term contract management. The platform operates in Romanian, English, and Bulgarian with mobile-responsive design and double-authentication security.

Differentiator

Problem solved

Functional benefit

Products and services

• 123cargo / BursaTransport Freight Exchange Platform A subscription-based web platform connecting shippers, forwarders, and carriers for road freight transport across Romania, Moldova, Bulgaria, and broader Europe, featuring real-time load and truck listings, search, posting, and matching.
• 123Fast Collection (123Incasare Rapida) Invoice factoring service where a financing partner advances immediate payment on transport invoices minus commission, enabling carriers to receive cash flow while the partner collects from clients at maturity.
• Payment Guarantee (Invoices' Guarantee)
• Legal Advisory (Juridic)

Quantifiable outcome

• 89% of payment incidents resolved within 8 days
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Alpega GroupcoreStrategic or Co-development Partner · 1 March 2023Alpega is the parent company of 123cargo and BursaTransport. The group also includes Teleroute and Wtransnet freight exchanges. Since March 2023, all three exchanges share load postings in real-time, allowing subscribers to access freight from all three platforms. Alpega is headquartered in Belgium with operations across Europe.
• CreditreformcoreTechnology or IntegrationCreditreform provides company risk reports and credit scoring services. Offers simplified and complete (E-Premium) reports based on financial results and public information about companies, directors, and owners. Available for Romanian companies.
• Coface BelgiumcoreOthersCoface Belgium provides insurance for the invoice guarantee service. When a transport invoice is not collected through the payment incident mechanism, a claim file is opened with Coface Belgium resulting in 90% (guaranteed portion) of the claim being paid.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Wtransnet: Wtransnet is the third Alpega Group freight exchange, focused on Spanish and Iberian road freight with the same exchange/auction model. As a sister platform in the same parent group, it shares technology and now consolidated loads with 123cargo.
• Teleroute: Teleroute is a sister freight exchange under the same Alpega Group parent, operating across Western Europe with the same core load/truck matching model. Since March 2023 the two exchanges share loads in real time, making it the most directly comparable platform to 123cargo.
• Trans.eu: Trans.eu is a leading European freight exchange and logistics platform founded in Poland, serving tens of thousands of carriers and forwarders across CEE and Western Europe. It directly competes with 123cargo in the Romanian and broader CEE road freight market.

Emerging players

• Cargonexx: Cargonexx is a Hamburg-based AI-powered digital road freight broker operating across Europe with algorithmic carrier matching. It represents a newer-generation competitor to traditional freight exchanges like 123cargo.
• Loadsmart: Loadsmart is a digital freight broker that combines AI-driven pricing with carrier matching and offers API/EDI integrations for shippers. It represents the next-generation digital freight platform that 123cargo could face competition from as the European market digitizes further.
• sennder: sennder is a European digital road freight broker connecting shippers directly with carriers, with significant operations in Germany, France, Italy, and expanding into CEE. It competes with 123cargo in the digital European road freight matching category.
• Freightos: Freightos operates a digital freight marketplace and booking platform primarily for ocean and air freight, but its broader freight technology stack and payments arm (Freightos Baltic Exchange) overlap with 123cargo's exchange and invoice financing concepts.
• InstaFreight: InstaFreight is a Berlin-based digital freight forwarder specializing in European full-truckload road freight with transparent pricing. It targets similar SME shippers and carriers as 123cargo and represents the digital-first competitive threat to legacy exchanges.

Broad incumbents

• TIMOCOM: TIMOCOM is one of Europe's largest digital freight and vehicle marketplaces, headquartered in Germany with ~140,000+ registered users across 46+ countries. It competes directly with 123cargo in the European road freight exchange category with a much larger geographic footprint.
• Uber Freight: Uber Freight is the logistics arm of Uber operating a digital freight brokerage across the US and Europe, including recent expansion into European road freight. It is a broad incumbent in digital freight matching that competes for the same shipper/carrier relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/123cargo
• LinkedInlinkedin.com/company/123cargo

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

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 123cargo