Amsterdam’s Cargoplot raises €3.8M to help businesses manage logistics more efficiently

Amsterdam-based Cargoplot, a digital platform for global freight brokerage, has raised €3.84M in an equity funding round.

The lead investor in the funding round is Ubbo Hempenius, an entrepreneur known for his success with H&S Group, a logistics company. His experience in the logistics industry is expected to help drive Cargoplot’s growth and development.

Making logistics straightforward and transparent

Cargoplot, an AI-driven logistics platform, addresses challenges in global freight by connecting exporters and importers with logistics service providers. The company was founded in 2021 by Maarten de Reij and was later joined by Daniel Schreij and Henk-Jan Meijer.

Cargoplot’s platform offers 24/7 insights into market disruptions caused by geopolitical unrest, such as shipping detours around the Cape of Good Hope instead of the Suez Canal. These disruptions lead to volatile prices and transit times, particularly affecting businesses during peak seasons like the holidays.

The Dutch company helps European importers and exporters maintain efficiency by providing instant access to shipping prices, transit times, and direct collaboration with service providers. 

The platform enhances transparency and fosters competition, enabling customers to secure better prices and reliable services. The software simplifies logistics management, offering real-time support and coordination across the global supply chain.

In January 2023, Cargoplot closed an extended pre-Seed funding round of over €1M. Investors included ASIF Ventures, a student-run Amsterdam VC fund, and several angel investors. Prior to that, the company had raised €425K in May 2021.

Capital utilisation

The funds will help the company expand its services and support more businesses in managing logistics through its platform.

Maarten de Reij, CEO and founder of Cargoplot says, “This financing is an important milestone for Cargoplot and confirms the confidence our investors have in our vision for global logistics.”

“With this support, we can help companies even better to reliably and competitively provide their customers with services and products. This is particularly  crucial during the year-end rush and geopolitical unrest in general.”