COMPANY INFO
Kargo Global Ltd. is a privately held advertising services company founded in 2003 by Harry Kargman. Headquartered in New York, NY, with around 200 to 500 employees, Kargo specializes in mobile brand advertising, creating premium advertising experiences across mobile, desktop, connected television, and social platforms to help leading brands drive meaningful customer connections and achieve higher returns on ad spend. (kargo.com/about, crunchbase.com/organization/kargo)
Kargo Global Ltd. is a privately held advertising services company founded in 2003 by Harry Kargman. Headquartered in New York, NY, Kargo operates in the advertising industry with approximately 200 to 500 employees. The company specializes in mobile brand advertising, delivering premium ad experiences across mobile, desktop, connected television, and social platforms. Kargo's mission is to enable leading brands to connect with customers meaningfully and achieve higher returns on ad spend through cutting-edge technology and creative solutions.
Kargo Global Ltd. has built a robust funding history with a strategy focused on progressive growth and market expansion. Over multiple funding rounds, Kargo has attracted significant venture capital and strategic investment, reflecting strong investor confidence. In total, Kargo Global Ltd. funding rounds have raised approximately $52.3 million, supporting the company's product development, market expansion, and operational scaling. The company's funding milestones include a well-received Seed round, notable Series A raises, and a Series B for scaling, all indicative of a venture capital-backed approach aimed at sustainable growth and innovation in mobile and CTV advertising.
This Series A funding round was dedicated to upgrading Kargo's AI-powered freight solutions and expanding its operations to serve a broader market. The investment supported accelerated technology development and scaling of commercial activities.
The Series B round was focused on scaling operations and further business expansion. The infusion of capital was used to establish Kargo as a key player in more markets and bolster its workforce and technological infrastructure.
This Series A round aimed to drive market expansion and growth, supporting new product launches and broadening Kargo's reach within the advertising industry.
The seed funding provided the initial capital necessary for Kargo's launch and early product development efforts, solidifying its presence in the competitive digital advertising landscape.
Tenaya Capital is a prominent venture capital firm specializing in growth-stage investments. As a lead investor in Kargo's Series B round, Tenaya Capital has played a pivotal role in providing the resources necessary for Kargo's large-scale expansion.
AC Ventures contributed as a key investor in Kargo funding rounds, supporting the company’s trajectory toward innovation and market leadership within advertising technologies.
Teleport, known for investing in transformative logistics and digital platforms, supported Kargo’s funding strategy, recognizing the potential for growth in mobile and cross-platform advertising.
Intudo Ventures is an early supporter and strategic partner, providing not just capital but also guidance that shaped Kargo’s product and market fit.
With a background in logistics and technology, Armada Supply Chain Solutions invested in Kargo, aiming to leverage synergies across supply chain and advertising technologies.
LM VENTURES brought industry expertise and operational insights to Kargo, strengthening the company’s position through its venture capital knowledge.
Matter Venture Partners led the 2025 Series A round, empowering Kargo to enhance its AI-powered offerings and drive substantial operational growth.
Matter Ventures has been instrumental as an investor in Kargo’s early growth rounds, supplying both capital and mentorship.
Zelda Ventures contributed to Kargo funding with the goal of accelerating digital innovation and international market entry.
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