Kargoo

Kargoo

Closed: Feb. 2020

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.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
SeedInvest
Start Date
12/03/2019
Close Date
02/27/2020
Min. Goal
$25,000
Max Goal
$1,070,000
Min. Investment

$1,000

Security Type

Debt

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Company & Team

Company

Year Founded
2019
Industry
Travel and Hospitality
Tech Sector
Location
Costa Mesa, California
Company Website
Visit Website

Team

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

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)
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Kargoo on SeedInvest
Platform: SeedInvest
Security Type: Debt

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Warning: according to the close date for this deal, Kargoo may no longer be accepting investments.

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