Qargo's AI Transport Management Software Transforms Efficiency and Unlocks New Markets

Qargo, the intelligent transport management platform, led by Adriaan Coppens, Joeri De Turck, Sander De Wilde, Colin Blakely, and others, has secured $33 million in Series B funding led by Sofina, alongside existing investor Balderton Capital, taking the total investment raised to $54 million and marks the growing impact of AI technology on one of Europe’s most analogue industries.

Qargo Intelligence automates major parts of the transport workflow, from order creation and route planning to load building and invoicing, helping logistics companies cut up to 75% of manual admin time and save hundreds of hours each week.

With new agentic AI that interacts directly with external systems, Qargo dramatically cuts overhead and accelerates workflows far beyond traditional TMS platforms. Its optimisation engine boosts fleet efficiency and reduces empty runs by up to 30%, a major advantage as transport companies face tightening margins, tougher decarbonisation rules, and rising cybersecurity threats.

Qargo’s annual invoicing has jumped from £420 million to over £1.9 billion since its May 2024 Series A, with its customer base expanding from about 100 to more than 400, making it one of Europe’s fastest-growing intelligent transport platforms. The Series B will help Qargo scale its team, enter new markets, and advance its AI capabilities while staying independent.

Security remains a core differentiator for Qargo, backed by early ISO 27001 certification, Google Cloud infrastructure with Cloud Armor, continuous code scanning via Aikido, regular penetration tests, and dedicated in-house security experts. Its cloud-first model removes security burdens for customers at a time when cyberattacks on logistics are rising.

Qargo Network, the platform’s real-time work-sharing system, enables fleets to subcontract work with full transparency and control, eliminating the usual manual coordination.

CEO Adriaan Coppens said the new funding validates Qargo’s rapid, capital-efficient growth across revenue, customers, and team. Sofina’s Anthony Keusters highlighted Qargo’s strong traction and measurable efficiency gains, while CLdN Cargo COO Stijn Gheyle noted the platform’s scalability and automation as key to enhancing multimodal services.