CargoX is a technology powered freight broker. It is a scalable carrier, based on the provision of no assets that provides transportation services to hundreds of customers in a wide range of industries service.
CargoX is reshaping the global logistics industry by introducing Smart B/L documents based on blockchain technology, replacing old-style paper Bill of Lading documents.
CargoX was founded in 2015 and is based in São Paulo, São Paulo, Brazil.
CargoX has developed a decentralised platform based on the Ethereum network, and has a pipeline of future products for the supply chain industry.
CargoX is the independent supplier of blockchain-based Smart Bill of Lading (Smart B/L™) solutions that provide an extremely fast, safe, reliable, and cost-effective way to process Bills of Lading anywhere in the world. Its service is based on a technology that has a growing network of 100,000 truckers.
CargoX platform with Smart B/L™ solution will help you boost your market presence by reaping the benefits of the blockchain. But that’s is only the beginning. This is your chance to make a strategic transformation and actively shape the future of logistics with us.
CargoX is backed by industry investors including Goldman Sachs, LGT Lightstone, Blackstone Group, Qualcomm Ventures, Soros Fund Management and others. The company raised $80M in a Series E round on Apr 09, 2020. This brings CargoX total funding to $176M to date.