Cargo Systems Revenue and Competitors

Rideshare is changing transit for everyone, everywhere. Collectively, we?re spending more time in-car than ever before?? two billion hours in 2017! While rideshare booms, retail is busting. The rise of ecommerce has been the fall of brick and mortar retail. As fewer people purchase in-store, and rideshare, electric vehicles, and autonomous vehicles eventually obviate gas station retail, brands will be looking for more data-driven distribution channels, closer to the consumer. Enter Cargo. Our mission is to upgrade the rider experience with affordable access to daily essentials and discovery goods, while helping drivers earn a more livable wage. Over the next five years, Cargo will become the go-to provider of in-car goods and services for the rideshare economy, and over the next fifteen years we will leverage our operations, technology, and constellation of rideshare and brand partner relationships to become the leading in-car service provider for the autonomous economy. Backed by Kellogg's, CRCM Ventures, Techstars Ventures, Fontinalis Partners, Detroit Venture Partners, Rosecliff Ventures, New Ground Ventures, The Gramercy Fund, Ride Ventures, & Bleu Capital, Cargo has raised $8.5MM and is the exclusive rideshare provider for major snacking powerhouses like Mars/Wrigley, Kellogg's, Coca-Cola, Mondelez, and Red Bull. Cargo was named one of CB Insights Next-Gen Retail companies alongside Snapchat, Birchbox, WeWork, Postmates, and others.