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§ Private Profile · 11600 Sunrise Valley Dr Ste 290, Reston, Virginia, 20191, United States
SaaS company providing exception management software to automate supply chain workflows for enterprise customers.
CargoSense is a Reston, Virginia-based software-as-a-service company that provides exception management and supply chain visibility platforms utilizing real-time sensors, machine learning, and automation to monitor global shipments. The enterprise logistics firm generates approximately $10 million in annual revenue and maintains a workforce of around 30 employees operating from its expanded headquarters. Its core technology integrates internet of things data sources and risk analysis systems to automate workflows for corporations across the life sciences, electronics, and food sectors. The platform is utilized by notable enterprise customers including Google and DHL to ensure correct transit routes and maintain temperature control for critical freight. CargoSense has secured $30 million in total funding across nine rounds, highlighted by an $8 million Series A investment led by Lanza tech Ventures in June 2024. The organization was founded in 2012 by Rich Kilmer.
CargoSense has raised $12.0M across 3 funding rounds.
CargoSense has raised $12.0M in total across 3 funding rounds.
CargoSense has raised $12.0M across 3 funding rounds. Most recently, it raised $8.0M Series A in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 12, 2024 | $8M Series A | Lucio Lanza, MSD Global Health Innovation Fund | — | Announced |
| Aug 26, 2015 | $1M Seed | — | — | Announced |
| Apr 1, 2015 | $3M Seed | — | Vitalize Venture Group | Announced |
CargoSense has raised $12.0M in total across 3 funding rounds.
CargoSense's investors include Lucio Lanza, MSD Global Health Innovation Fund, Vitalize Venture Group.
CargoSense is a SaaS company founded in 2012 that builds exception management software and services for supply chain optimization, empowering customers with logistics intelligence to monitor, measure, and manage shipping costs and risks.[1][2][3] It serves industries like life sciences, electronics, food & beverage, and pharmaceuticals by combining device-agnostic software, AI-driven insights, sensors, and managed services to detect, prevent, and resolve deviations, ensuring product integrity and reducing costs through real-time visibility and automation.[1][2][4] With around 28 employees in Reston, Virginia, and $30M in total funding (including an $8M recent round), CargoSense demonstrates steady growth via partnerships like Bosch and Aeris for IoT-enhanced logistics.[1][3][5]
CargoSense was established in 2012 in Reston, Virginia, driven by a vision to leverage technology for enhanced supply chain automation and control, starting with early work in the rigorous pharmaceutical industry to address the need for precise monitoring and data-driven exception management.[1][2] The company's development of next-generation data logging technology laid the groundwork for its focus on proactive solutions, evolving from basic logistics oversight to AI-powered platforms integrating software, hardware, and services.[1][2][3] Key leadership includes CEO Rich Kilmer, who has emphasized partnerships like Aeris IoT Watchtower for secure global scalability, highlighting pivotal moments such as the 2018 Bosch collaboration for advanced cargo monitoring.[3][5]
CargoSense rides the wave of AI-driven supply chain resilience and IoT proliferation, capitalizing on post-pandemic disruptions that amplified needs for real-time exception handling in global logistics amid rising costs and regulatory demands for sensitive goods like pharmaceuticals.[1][2][5] Its timing aligns with market forces favoring automation—such as e-commerce growth, electronics volatility, and food safety mandates—where machine learning reduces inefficiencies by 20-30% in complex networks, per industry patterns.[1][3] By partnering with IoT leaders like Aeris and Bosch, CargoSense influences the ecosystem, enabling multinational scalability and setting standards for secure, predictive logistics that bridge hardware sensors with enterprise software.[3][4][5]
CargoSense is poised for expansion with its Q4 2025 HART managed service launch and deepening IoT integrations, targeting larger multinationals amid surging demand for AI-secured supply chains.[4][5] Trends like edge computing, stricter cyber regulations, and sustainable logistics will shape its trajectory, potentially driving further funding and acquisitions in a market projected to grow 15% annually. Its evolution from pharma-focused monitoring to comprehensive exception platforms positions it to lead resilient global operations, maximizing the impact of early investments in actionable intelligence.[2][3]