Kargoo
About this raise
Kargoo, with a valuation cap of $4 million, is raising funds on SeedInvest. The company connects shoppers with travelers across the world and allows shoppers to use travelers’ unused luggage space to deliver products. The technologically advanced system helps shoppers reduce the high shipping costs while travelers get to earn some extra money. Kargoo was founded by Karla Valdivieso and Carlos Monsalve and has raised $80,000 since its inception. The current crowdfunding round has a minimum goal of $200,000 and a maximum goal of $1,070,000, and the proceeds will be used towards operation costs, new hires, office costs, and marketing & sales. Since its launch in January 2019, shoppers have requested shipping of products over $1.5 million through Kargoo, with more than 3,300 orders.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Travel and Hospitality
- Tech Sector
- Location
- Costa Mesa, California
- Company Website
-
Visit Website
Team
Financials
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/27/2020 | SeedInvest | - | $0 | Debt | Not Funded | RegCF / RegD 506(c) |