Photo - CargO
62601

CargO

South Africa
Market: Logistics and warehouses, Transport
Stage of the project: Prototype or product is ready

Date of last change: 02.10.2024
Go to the owner's profile
1
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

We are building an "Ehailing" platform for the freight industry in the SADC region of Africa. Our platform offers robust tracking, reporting (including carbon emissions) and team management.

Current Status

CargO is nearing the end of development and will launch on Google Play within the next week. The platform has already garnered significant interest from major companies, including Coca-Cola South Africa, AECI, Massmart, and Maersk, demonstrating strong market validation and the potential for widespread adoption once live.

Problem or Opportunity

CargO solves key challenges in logistics by providing live tracking, real-time reporting, and a load marketplace to efficiently match cargo with transporters. It includes a carbon emissions calculator to help clients monitor environmental impact and offers flexible payment options, such as paying 30 days after invoice generation. The platform improves communication between cargo owners, transporters, and drivers, and is designed to handle both local and cross-border transportation, increasing transparency and efficiency.

Solution (product or service)

By streamlining the freight industry by offering live tracking, real-time reporting, and a load marketplace to connect cargo owners with transporters. Our platform features a carbon emissions calculator to support sustainability efforts and offers flexible payment options, including post-invoice payments. By enhancing communication between cargo owners, transporters, and drivers, CargO simplifies both local and cross-border transportation, improving transparency, efficiency, and environmental accountability.

Business model

CargO operates on a commission-based business model, earning revenue by charging a percentage fee on each successful transaction between cargo owners and transporters. Additionally, the platform offers premium features such as enhanced reporting, real-time tracking, and carbon emissions analytics, which can be accessed through a subscription-based model. CargO also plans to monetize by providing value-added services, such as insurance and financial services for freight, and potentially charging transporters for priority listing in the load marketplace.
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility100
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation