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CargoSense

11600 Sunrise Valley Drive Suite 290, Reston, Virginia, 20191, United States

Overview

CargoSense provides a Visibility OS platform for automating supply chain operations using visibility data. The platform runs customized digital agents that unify IIoT data sources, real-time transportation visibility platforms, risk analysis platforms, and customers' systems of record into a single stack. This integration enables automated contextual analysis and execution across supply chain functions and scales exception management workflows. CargoSense says the platform helps customers drive core systems with visibility data and reduce the workloads of supply chain teams through measurement, automation, and collaboration. The company intends to use its recently raised $8M Series A to expand its partner ecosystem of integrated management systems, data sources, and industrial IIoT platforms available to digital agents. Founded in 2012 and led by CEO Richard Kilmer, CargoSense is based in Reston, VA. CargoSense is a smart-data and MicroAnalytics Software-as-a-Service (SaaS) company led by CEO Rich Kilmer and based in Reston, Virginia. It has created collaborative supply chain software that collects data with sensor technologies and is available via tablet, web, and mobile devices. The platform is powered by a centralized API and SaaS applications and focuses on optimizing logistics networks to reduce product loss, transportation and packaging costs, and optimize quality control processes. Target industries include healthcare, food, medical devices and other industries with complex supply chains. The company raised an additional $1m in seed financing and has now raised a total of $3.67m. CargoSense is working towards the closure of its Series A funding round and will use the new funds for product innovations and customer acquisition through focused sales and marketing efforts. CargoSense is a Reston, Virginia-based big data and analytics SaaS company that provides a smart data and microanalytics platform for supply chain logistics, focused on pharmaceutical, cold chain, and refrigerated storage industries. Its platform records environmental and motion data (temperature, light, humidity, pressure, shock, and tilt) from origin to destination and lets users combine those values into climate ranges for shipped products. The solution supports sharing of shipment-level environmental measures with supply chain partners to ensure a single view of captured data. Led by CEO Rich Kilmer, the company serves manufacturers and shippers of pharmaceuticals, biologics, medical devices, food, and other climate-sensitive cargo. CargoSense closed a $2.5M seed funding round and plans to use the proceeds to expand sales, marketing, and development teams, drive new product innovations, and accelerate customer acquisition. CargoSense offers collaborative supply chain software that runs on tablet, web and mobile devices to optimize logistics networks for healthcare, food, medical devices and other industries with complex supply chains. The company sells a big data and analytics product targeted at healthcare logistics providers and is initially focused on life sciences. CargoSense was founded in 2012 by CEO Rich Kilmer and is pursuing partnerships in food, restaurants, grocery chains and other market segments with sensitive supply chains. The product roadmap includes extensions to reporting and analytics functionality. The company intends to use recently raised funds to extend those product features and to grow sales within its existing customer segments. No operating metrics or revenue figures were disclosed in the article.

Total raised
$12M
Funding rounds
4
Latest round
Series A
Latest activity
Jun 2024

Industries

  • Analytics
  • Big Data
  • Cloud Computing
  • Health Care
  • Internet of Things
  • Logistics
  • SaaS
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Recent funding

  1. Series A

    Jun 2024

    $8M

  2. Seed

    Aug 2015

    $1M

  3. Seed

    Apr 2015

    $3M

Team