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CargoSense is a technology company.
CargoSense provides exception management software and services tailored for global supply chains. Its platform proactively identifies, manages, and resolves logistical issues by leveraging real-time data, often from environmental sensors monitoring conditions like temperature, humidity, and movement during transit. This ensures enhanced control and integrity for sensitive shipments.
Founded in 2012 by Rich Kilmer, CargoSense originated from the insight that technology could significantly improve supply chain automation and oversight. Kilmer envisioned a software-as-a-service solution transforming reactive logistics into a proactive, data-driven operation, informed by his background in enterprise data management.
The company serves organizations demanding meticulous oversight of valuable and fragile goods, mitigating risks across their extensive supply networks. CargoSense's mission is to simplify and secure supply chain operations through advanced software automation, aiming for minimal disruptions and reliable delivery.
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 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]
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 |
|---|---|---|---|
| Jun 12, 2024 | $8.0M Series A | Lucio Lanza, MSD Global Health Innovation Fund | |
| Aug 26, 2015 | $1.0M Seed | ||
| Apr 1, 2015 | $3.0M Seed | Vitalize Venture Group |