Kyiv-based logtech AI company Cargofy, which deploys “digital workers” to automate freight operations, has announced the close of an $11 million Series A round, comprising $6 million in primary capital and $5 million in secondary transactions, as Vestbee was informed.
- Founded in 2023 by Stakh Vozniak, Alex Kovalchuk, and Dimitri Alexiou, Cargofy develops “digital workers” designed to automate end-to-end freight operations for shippers, carriers, and third-party logistics providers.
- The firm builds AI agents that replicate the day-to-day tasks of human logistics staff by operating directly inside existing company systems rather than replacing them.
- These agents integrate with more than 70 tools used in logistics workflows, including transportation management systems, enterprise resource planning platforms, load boards, compliance systems, and communication channels.
- In practice, the AI agents handle operational work such as communicating with carriers, processing shipping documents, sending follow-ups, managing dispatch coordination, and supporting billing and compliance processes.
- They operate continuously across multiple communication channels, including email, phone, and messaging apps, and can work in 28 languages.
- The system is designed to mirror existing logistics workflows without requiring companies to change their internal processes, effectively acting as an embedded digital workforce that supports operations from initial quoting through to final delivery.
Details of the deal
- The round was led by u.ventures, Toloka, and Movens Capital, with participation from Des Traynor, co-founder of Intercom, alongside other angel investors.
- With the fresh capital, the firm plans to expand into new international markets, scale its local operational hubs, grow a more global team, and further develop its AI agents to automate end-to-end logistics workflows including communication, dispatch, compliance, and billing.
