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§ Private Profile · Cedar Rapids, IA, USA
Digital platform for freight shippers and carriers, offering AI-powered load matching, route planning, and fleet management for trucking logistics.
Based in Walnut, California, Cargofy provides an AI-driven freight matching and fleet management platform for shippers, brokers, and carriers. The SaaS application automates fragmented logistics operations by offering instant pricing, route planning, shipment tracking, and a continuous automated dispatching assistant. Operating with a team of 27 employees, the company supports a network of nearly 2,000 active drivers who have completed over 10,000 deliveries in the past year. The platform generates under $5 million in annual revenue while processing approximately $55 million in total deal costs across 39,000 transactions and 18 million driven miles. Originally launched in Eastern Europe as the Tona app, the enterprise has since expanded its North American presence and earned recognition on the Inc. 5000 list of fastest-growing companies. Cargofy was established in 2017 by a founding team that includes current CEO Stakh Vozniak.
Cargofy has raised $3.0M across 2 funding rounds.
Cargofy has raised $3.0M in total across 2 funding rounds.
Cargofy has raised $3.0M in total across 2 funding rounds.
Cargofy's investors include JKR Investment Group, Hannu Turunen, Murat Abdrakhmanov, Flyer One Ventures, EWA Capital, Reinventure Capital, Seed Round Capital, Soma Capital, Martin Villig.
Cargofy has raised $3.0M across 2 funding rounds. Most recently, it raised $2.0M Seed in February 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 2, 2022 | $2M Seed | JKR Investment Group | Hannu Turunen, Murat Abdrakhmanov, Flyer ONE Ventures | Announced |
| Mar 1, 2021 | $1M Seed | — | EWA Capital, Reinventure Capital, Seed Round Capital, Soma Capital, Martin Villig | Announced |
Cargofy is a technology company building an AI-powered platform for the trucking industry, enabling carriers to find, book, and deliver high-paying loads from shippers and freight brokers while managing fleets with analytics and automation.[1][3][4] It serves independent truck drivers and small fleets, solving pain points like high dispatcher fees, downtime, low rates, and inefficient load matching through a mobile app with AI agents, dedicated dispatchers, competitive pricing (from $1.7 per mile), and quick payments.[1][3] The company has raised $2M in seed funding, generates revenue around $2.5M (with deals totaling $55M in value), and shows growth via 39K deals, 18M miles driven, and recent media coverage on AI integrations.[1][4]
Cargofy was founded by Stakh Vozniak, who at age 19 started his first trucking company, Wozward, in Ukraine, gaining firsthand insight into drivers' struggles with unreliable dispatchers, excessive fees, and idle time.[1] After moving to the U.S., Vozniak launched Cargofy in 2016 (with some sources citing 2015-2017) from Conshohocken, Pennsylvania, later relocating headquarters to Walnut, California, with offices in Iowa and Ukraine.[1][2][4] Early traction came from addressing these gaps via a tech dispatch service; pivotal moments include a $2M seed round about two years ago and scaling to $2.5M revenue, supported by a team blending U.S. and Ukrainian talent like CTO Oleksandr Kovalchuk and COO Maryna Zakutnia.[1][2][4]
Cargofy rides the AI logistics wave in trucking, a $800B+ U.S. market plagued by fragmentation, driver shortages, and inefficiency, where digital marketplaces like 123Loadboard and Transfix are consolidating via tech.[1] Timing aligns with post-pandemic supply chain digitization and AI adoption (e.g., virtual assistants), amplified by owner-operator growth amid rising fuel/labor costs—its Ukraine-U.S. hybrid model leverages talent arbitrage for affordable innovation.[2][4] It influences the ecosystem by empowering independents (vs. big fleets), reducing broker middlemen, and pushing sustainability through optimized routing, as noted in coverage from TechCrunch and Truckinginfo.[4]
Cargofy is positioned for expansion by deepening AI (e.g., predictive analytics, autonomous bidding) and scaling its broker network amid trucking's tech shift toward agentic automation and electrification. Trends like regulatory pushes for visibility and labor shortages will favor its model, potentially evolving it into a full-stack fleet OS influencing how 4M+ U.S. drivers operate—building on its seed momentum toward Series A and nationwide dominance.[1][3][4] This tech dispatch disruptor, born from a founder's grit, exemplifies how AI humanizes trucking's grind.