2 years ago

Cargo Stream Secures £865k to Streamline Logistics Operations

  • Birmingham-based logistics management platform Cargo Stream has raised £865,000 in a funding round led by LitCapital

  • The investment will be used to support the company's expansion into foreign markets, particularly Poland, and to enhance its operations in the UK

  • Cargo Stream plans to exceed €2 million in revenue based on current financial projections and aims to reach €3 million in 2023.

      • ProblemTechnology Infrastructure

      "Logistics businesses struggle with manual processes, such as tendering, which leads to inefficiencies and wasted time."

      Solution

      "Cargo Stream automates key processes like tendering, reducing manual data input and providing real-time analysis and comparisons of offers. They also offer a mobile app for added convenience."

      Covered on