Quicargo operates an online platform that connects shippers and carriers to fill empty or partially empty trucks, improving efficiency and cutting CO2 emissions. Founded in 2015 by Avishai Trabelsi and Roni Liberman and based in Amsterdam, the company uses thousands of data points to find optimal matches and maximize loading capacity. Quicargo works with a network of more than 400 partner carriers and offers on‑demand part‑ and full‑truck load services across Europe. The company raised a €2.7M investment round led by ROM InWest to accelerate development and rollout of a zero‑emission freight network and a new control‑tower software called QC Hub. QC Hub is designed to let SMEs control and monitor logistics providers and operational flows in a simple, sustainable, and transparent way. Quicargo plans to hire more staff, expand regional partnerships, and target making 30% of national shipments via its platform emission‑free by 2025. Quicargo is an Amsterdam-based logistics startup that matches businesses needing transport with empty lorries via proprietary algorithms. The company aims to reduce planning inefficiencies that it says leave more than half of European lorries at least partially empty. Quicargo has focused on partnering with large and mid-sized trucking companies to control service quality and build market credibility. It is now approaching smaller trucking companies to enable them to connect directly to demand and improve margins. The startup plans to use the new funding to scale operations in the Benelux and Germany. The article reports the company raised €3 million in a funding round led by SLJ Investment Partners, with SLJ founder Rene Dahan joining its advisory board. Quicargo operates an online platform that connects transport companies’ partially empty trucks with businesses that need immediate and reliable shipping, embedding its technology into existing transport workflows and systems. The company uses a dynamic pricing algorithm to enable tailor-made matching within 60 seconds and claims it can connect with new shipping providers within 24 hours; it also adds payments and insurance to reduce administrative burden. After a ten-month trial, Quicargo officially launched in the Netherlands in September 2017 and reports shipments and revenue growing 27% month-on-month on average, amounting to thousands of transactions. The platform currently connects almost 1,000 businesses to roughly 5,000 trucks from 200 carriers, and has saved up to 120,000 km of empty truck space, reducing CO2 emissions by about 3% inside its network. With the €900k seed capital from a group of Dutch and German logistics experts and angel investors, Quicargo plans international expansion to Belgium (Antwerp and Ghent areas) and Germany (Ruhr area), including setting up local offices.

Total raised

$7M

Funding rounds

3

Latest round

Equity

Latest activity

Jun 2022