Kargoo

Using Travelers to Deliver Products

Company Information

Website:

https://kargoo.io/

Sector:

eCommerce

Location:

Costa Mesa, CA

By 2021, more than 2 billion shoppers worldwide are expected to purchase products online.

Kargoo connects these shoppers with travelers who deliver the products in their extra luggage space.

Shoppers can purchase products not available or too expensive to buy locally, and receive the item from travelers when they arrive at their destination.

With Kargoo, shoppers can avoid expensive shipping fees, lost packages, and delayed delivery dates. The company offers a 100% warranty on all payments, and real-time tracking of products.

Travelers, meanwhile, can earn money for their services.

Kargoo launched in January 2019, and has helped deliver more than 3,300 products.

Team Background

Carlos Monsalve - Chief Technology Officer
Karla Valdivieso - Chief Executive Officer

Co-Investors

Raising
$1.07 million
Committed
$136.6K (13%)
Current Valuation
$4 million Cap / 0% Discount
Min. Investment
$1000
Deal Type
Title III
(For all investors)
Offering Type
Convertible Debt
Finance History
  • $80K
    2018-02-14
    Unknown
Notable Investors
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