Zencargo raised £30 million in a Series B round led by Digital+ Partners.

Germany United Kingdom Cyprus 11 May 2021
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Zencargo, a London, UK-based freight services provider, announced the completion of a £30 million ($42.4M) Series B funding round.

The money was raised from investors led by Germany's Digital+ Partners, joined by existing investor HV Capital.

Zencargo, founded by CEO Alex Hersham, Jan Riethmeyer, and Richard Fattal in 2017, developed a software platform that allows customers to book, manage, and track their international freight and use analytics to drive intelligent supply chain decisions that help their businesses thrive.

The company enables shippers and their counterparts to collaborate and manage theirlogistics and also offers trucking and cargo insurance services. Customers include Ribble, Cult Furniture, and Swoon.

Zencargo previously raised $20 million in a round led by HV Capital in 2019, and another $4M round led by LocalGlobe in 2018.

Total investments received (USD): 66.39M

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