Kargo
Founded 2019 · 168 employees on LinkedIn · 15 known investors
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Kargo uses computer vision hardware installed at warehouse loading docks to capture freight data in real time and convert dock-door activity into structured data. The system gives warehouses and logistics operators visibility into shipping and receiving to support a connected supply chain network.
Also known as Kargo Inc. · mykargo.com
Founders & leadership
Kargo was founded in 2019 by Sam Lurye.
Investors · 15
Also in the syndicate · 1
Funding
SEC filings, press & company announcements$42M disclosed across 1 of 6 rounds · 2022–2025
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Kargo Inc. is a San Francisco-based industrial artificial intelligence company for supply chain and logistics that automates shipping and receiving workflows at warehouse loading docks. Its system combines physical hardware — towers roughly 11 feet tall and lifts installed at dock doors and gateways, equipped with computer-vision sensors — with a software platform. As forklifts load and unload trucks, the sensors capture freight labels, cases and product condition, including barcodes and QR codes, safety labels, lot numbers and cargo dimensions, removing the need for manual scanning or change management.
The platform inspects arriving freight for damage, verifies shipments against bills of lading, and pushes inventory data into customer systems such as ERP, WMS, TMS and YMS for real-time visibility and compliance. Large language models are used to flag issues and exceptions and document them with visual evidence to support freight and damage claims resolution. Kargo also consolidates appointment scheduling, driver check-in and dock door allocation into a single workflow that adapts to conditions such as inclement weather, and issues recommendations on labor allocation as well as overages, shortages and damages. Following its December 2025 Series B, the company is rolling out Kargo Intelligence, an agentic-AI application built on its freight data layer that automates back-office workflows including invoicing, claims disputes, financial reconciliation and customer service.
Founding story
Kargo was founded in 2019 by Sam Lurye, who set out to create a connective layer between the physical realities and the digital expectations of logistics. Before founding Kargo, Lurye was a researcher at the Neural Prosthetic Systems Lab at Stanford University, where he worked on brain-computer interfaces.
Business model
Kargo deploys sensor-equipped hardware (towers and lifts) at customer loading docks and gateways, connected to its software platform, and sells into large enterprise supply chain and logistics operations. Management describes expansion within existing accounts, with additional orders typically placed by the same customers within about three months as facilities extend deployments upstream and downstream in their supply chains.
Traction
Kargo reported tripling annual revenue from 2024 to 2025 and growing from three enterprise customers at the time of its 2022 Series A to more than 45, including more than 45 Fortune 500 companies per one account. More than 1,000 towers have been deployed in the United States. As of May 2025, the company said it processed $200 million in inventory and roughly 20,000 pallets per day on average, with 2 million automated scans weekly.
Latest developments
In December 2025 Kargo closed a $42 million Series B led by Avenir Growth, with participation from Linse Capital, Hearst Ventures, Lightbank and existing investors Matter Venture Partners and Sozo Ventures. Proceeds are earmarked for scaling deployments, strengthening real-time inventory data infrastructure and launching Kargo Intelligence, a platform automating back-office workflows such as invoicing, claims disputes, financial reconciliation and customer service using visual data from its dock towers.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Kargo positions itself as "AI for loading docks," providing a universal interpretation layer across supply chain participants. Its Series B lead investor characterized it as a category-defining company adding value at every node of the supply chain. The company cites Grand View Research estimates that the global market for AI in warehousing operations will grow from $11.2 billion in 2024 to $45.1 billion by 2030, a compound annual growth rate of roughly 26 percent. Its December 2025 raise came against a weaker supply chain technology funding backdrop: per Pitchbook, venture investors committed $7.8 billion to supply chain tech through Q3 2025, less than half of 2024's $16.5 billion full-year total.
Rather than requiring supply chain participants to adopt a common data standard or install heavily customized hardware, Kargo installs sensor towers that interpret existing labels and freight markings automatically, eliminating manual scanning and change management. The company points to network effects: once sensors are deployed at one warehouse, customers seek deployments upstream and downstream, with ROI described as realized within weeks.
Technology
Machine vision and computer vision sensors mounted on approximately 11-foot towers and on lifts at dock doors and gateways capture data on all sides of a pallet, translating labels and marks into structured data. Captured attributes include pallet and freight labels, barcodes and QR codes, safety labels, lot numbers, cargo dimensions and product condition. Data flows to the Kargo platform and integrates with customer ERP, WMS, TMS and YMS systems. Large language models and agentic AI are applied to flag exceptions, document them with visual evidence and automate downstream back-office workflows. The company describes its approach as a universal interpretation layer for supply chains rather than a standard that all participants must adopt or heavily customized hardware.
Go-to-market
Large enterprises, including Fortune 500 companies, in food and beverage, pharmaceutical and automotive industries, as well as broader warehousing and logistics operators. Named customers include Mercedes-Benz AG, Tillamook and Wayne-Sanderson / Wayne Farms LLC.
Geography
Headquartered in San Francisco, California, with more than 1,000 towers deployed in the United States.
History
Founded in 2019 and headquartered in San Francisco, Kargo raised a $25 million Series A in 2022, at which point it had three enterprise customers. By 2022 the company reported having raised more than $30 million in total. In May 2025 it announced $18.4 million in investment led by Matter Venture Partners, and in December 2025 it closed a $42 million Series B led by Avenir Growth. Over that period its customer base grew from three to more than 45 enterprises and it deployed more than 1,000 towers in the United States.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsKargo closed a $42 million Series B led by Avenir Growth with participation from Linse Capital, Hearst Ventures, Lightbank, Matter Venture Partners and Sozo Ventures, to scale deployments of its loading dock and warehouse technology and roll out Kargo Intelligence.
$42M source ↗
Kargo began rolling out Kargo Intelligence, an agentic-AI platform that automates back-office workflows such as invoicing, claims disputes, financial reconciliation and customer service using visual data captured by its loading dock towers.
$18.4M source ↗
$25M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 7
primary sources listed
- Kargo Raises $42M in Series B Fundingfinsmes.com · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Kargo do?
- Kargo builds computer-vision towers and software that turn warehouse loading docks into real-time freight data.
- Who founded Kargo?
- Kargo was founded by Sam Lurye in 2019.
- Who are Kargo's investors?
- Kargo's investors include Sozo Ventures, Activant Capital, B3 Capital, Good Friends, Great Oaks Venture Capital, Hat-Trick Capital, Linse Capital, Matter Venture Partners and 6 more.
- How much funding has Kargo raised?
- Kargo has disclosed $42M raised across 1 of its 6 known rounds.







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