Cargo (Seed)
Funding Details
- Awarder
- Inbox
- Date Award
- January 22, 2018
- Vertical
- Retail
- Funding URL
- View Funding Page
- Funding Amount:
- $5,500,000
Company Info
- Founders
- Jeff Cripe
- Company Description
- Cargo is merging convenience retail and transit as ridesharing and autonomous vehicles disrupt the $875B C-Store industry, 80% of whose retail locations are gas stations dependent on car ownership. In partnership with major rideshare companies, Cargo enables drivers to earn more money and better ratings by providing their passengers with affordable access to essential products during their trip.
- Market
- Convenience Store Industry
- Location
- New York, NY, USA
- Coinvestors
- Chaifetz Group, Detroit Venture Partners, Eighteen94 Capital, Fontinalis Partners, RiverPark Ventures, Rosecliff Ventures, TechStars