Kargoo on SeedInvest

Connecting shoppers with travelers to deliver products by renting the traveler’s unused luggage space.


Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

12/03/2019

Stop Date

02/27/2020

Days Remaining

84

Security Type

Debt

Investment Minimum

$1,000

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

N/A

% of Maximum Raised

N/A

Dollars Per Day to Reach Max

$12,738

DPD* Committed

N/A

DPD* Category

$228

DPD* All Companies

$1,441

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Kargoo, with a valuation cap of $4 million, is raising funds on SeedInvest. The company connects shoppers with travelers across the world and allows shoppers to use travelers’ unused luggage space to deliver products. The technologically advanced system helps shoppers reduce the high shipping costs while travelers get to earn some extra money. Kargoo was founded by Karla Valdivieso and Carlos Monsalve and has raised $80,000 since its inception. The current crowdfunding round has a minimum goal of $200,000 and a maximum goal of $1,070,000, and the proceeds will be used towards operation costs, new hires, office costs, and marketing & sales. Since its launch in January 2019, shoppers have requested shipping of products over $1.5 million through Kargoo, with more than 3,300 orders.

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