Cargofy raises $6M Series A to scale AI digital workers for logistics
What's the deal? Cargofy, a Ukrainian logtech startup that builds AI agents to automate freight transportation, has closed a $6M Series A round. The broader deal totalled $11M, including $5M in secondaries — with one early investor exiting at over 50x returns.
The round was led by u.venturesDealroom has a profile for this one. Try Dealroom →, Toloka, and Movens CapitalDealroom has a profile for this one. Try Dealroom →, with participation from IntercomDealroom has a profile for this one. Try Dealroom → co-founder Des TraynorDealroom has a profile for this one. Try Dealroom → and other angels.
Cargofy's AI agents replicate logistics team workflows — corresponding with carriers, processing documents, coordinating dispatch around the clock in multiple languages. The platform integrates with over 70 tools, from TMS and ERP systems to load boards and compliance platforms.
"We are not creating logistics software — we are building an AI infrastructure where companies can 'hire' digital employees for their operations," said Stach Wozniak, chief executive officer and founder.
Why now? Cargofy pivoted to AI agents in 2023 after years of working inside freight operations and accumulating proprietary data. That head start has paid off: the company now claims over $10M in annual revenue and 2,000 paying customers.
The results are striking. A single dispatcher using Cargofy can coordinate a fleet ten times larger than usual. One US client has cut logistics costs by more than $5M per year.
The funds will go toward three priorities: expanding hubs in Germany, the Netherlands, France, Spain, and new US regions; growing the international team from 10% to 40% non-Ukrainian staff; and deepening AI agent capabilities to cover invoicing, document verification, and full internal operations.
Cargofy currently operates from Houston, Warsaw, Kyiv, and Baku, serving clients across the US, Europe, and Central Asia. It also sees inbound demand from Brazil, Mexico, and the Middle East.
What could go wrong? Scaling AI agents across dozens of markets with different regulations, languages, and logistics norms is complex. Cargofy's rapid geographic expansion — potentially spanning three continents — risks stretching resources thin before the product matures in each market.
Competition is intensifying too. As Bogdan Svirydov, investment director at Horizon CapitalDealroom has a profile for this one. Try Dealroom →, noted, most AI startups build universal solutions without accounting for logistics nuances. Cargofy's edge depends on maintaining that domain depth as it scales.
The signal: The deal reflects two converging trends: the rise of vertical AI agents built for specific industries, and the growing strength of Ukrainian tech companies raising international capital despite wartime conditions. Logistics — a fragmented, communication-heavy industry — is fertile ground for AI automation that goes beyond dashboards into actual task execution.
Cargofy's bet is that the future of logistics isn't better software but fewer humans doing more, augmented by AI workers trained on real operational data.
Read more: dev.ua
