Digital freight forwarder Zencargo announces its seed plus round
by Startacus Admin
Zencargo, a digital freight forwarder on a mission to simplify global trade, announces its seed plus 
round, led by LocalGlobe, bringing total funds raised to over $4m.
The international shipping business has changed little in the last century - it’s still slow and opaque, with many processes carried out manually and on paper.
Step forward Zencargo, a digital freight forwarder that has announced its seed plus round, led by LocalGlobe, with participation from Samos Investments and Picus Capital bringing total funds raised to over $4m.
Founded in London in 2017, and with offices in Manchester, Felixstowe and Geneva, the Zencargo platform enables teams to work collaboratively, in real-time with instant visibility over the end-to-end supply chain.
Zencargo works with some of the fastest growing businesses, helping them to manage global procurement and develop business insights to streamline their operations. Zencargo also recently launched Virtual Local Offices, that increase the ability for shippers to collaborate with their suppliers.
Zencargo makes it completely free for companies to digitise their supply chain.
Its platform includes end to end visibility for shipments from purchase order to delivery. Getting the full picture of your logistics has traditionally been very difficult because of fragmented suppliers and manual processes. Zencargo’s customers utilise its Virtual Local Officesto gain visibility during production around the world. Customers use Zencargo to gain business insights, improve efficiency and save money. All these services offer the quality of digital experience that customers have come to expect from consumer technology.
Zencargo works with some of the fastest growing businesses, helping them to manage global procurement and develop business insights to streamline their operations. .png "Zencargo")
Zencargo has recently launched Virtual Local Offices, that increase the ability for shippers to collaborate with their suppliers.
Zencargo makes it completely free for companies to digitise their supply chain. Its platform includes end to end visibility for shipments from purchase order to delivery. Getting the full picture of your logistics has traditionally been very difficult because of fragmented suppliers and manual processes. Zencargo’s customers utilise its Virtual Local Officesto gain visibility during production around the world. Customers use Zencargo to gain business insights, improve efficiency and save money. All these services offer the quality of digital experience that customers have come to expect from consumer technology.
“Our mission is to simplify and automate international trade, making it easier for all companies to access high quality services in what has traditionally been a relationships-centred industry,” said Richard Fattal, Chief Commercial Officer. “The supply chain visibility we provide is still very new in this sector and would have been an enormous help to me when I was working as a trader.”
“The more a company ships, the more time - and cost - it can save. That’s why a lot of enterprise businesses that are undergoing digital transformation have come to us - we can help them to take cost out of a complex process.” Richard Fattal added.
Alex Hersham, Zencargo’s CEO, and Richard Fattal, Chief Commercial Officer, co-founded Zencargo, with CTO Jan Reithmeyer and will now use the new funding to accelerate its product development process and build a presence in China.
If you are interested in supply chain / logistics focused startup news, you might want to read about:
- Wincanton, the largest British logistics company, is once again looking for tech startups to pitch their solutions for industry specific challenges, as part of their returning W2 Labs innovation programme
-
Importwise - The lowdown on the startup that's aiming to make the entire importation process easier.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The inaugural LINEUP tech event, happening in Derry, NI has announced key speakers, sponsors and themes for its 5th March event.
Take advantage of today’s digitised world! Here are 4 reasons digital marketing could work for you and your business.
Research shows that the majority of staff prefer benefits to high monetary compensation. Here are some ideas on how to increase talent retention...
Innovative project launched by UK Proptech startup to reduce workers' commuting and in turn help alleviate pollution and congestion
Startup funding is never easy, however here are a few of the options that can help you fund your startup without going broke in the process
The future and success of Britain’s high streets has been long debated. So, what are the tech trends that could help impact the Highstreet in 2020?
Innovative startups are currently being sought by BMW Group Financial Services UK which has just launched the third instalment of its Innovation Lab
Starting a business can be a lot of hard work, so here's a few ways to avoid burnout and find a healthy work life balance.
The child health app on a mission to become the first nationwide digital redbook, just got a step closer to making their mission a reality...
The Cambridge-based startup that has created an empowering tool to drive the next wave of biological innovation
Published on: 24th September 2018
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Lineup 2020 announces key speakers, sponsors and themes 27th Jan 2020 The inaugural LINEUP tech event, happening in Derry, NI has announced key speakers, sponsors and themes for its 5th March event.
- Ideation NI Thon at NI Science Festival sets out to solve global issues 17th Jan 2020 At one-day event Ideation NI Thon, students will get the chance to solve global and local sustainability, environmental, city and health problems.
- NI startup ESTHER takes flight to New York 16th Jan 2020 NI startup ESTHER, a peer-2-peer giving platform allowing charitable donors to give money directly to people living in poverty, head to New York for a 4-day fact finding mission.
- 2019 stats show that the gender pay gap continues 14th Jan 2020 Recent research by Starling bank shows that in 2019, women earned up to £12,319 less per year than their male colleagues of the same age and within the same industry
