Kargoo
Connecting shoppers with travelers to deliver products by renting the traveler’s unused luggage space.
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/01/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2019
Industry
Travel and Hospitality
Tech Sector
Location
Costa Mesa, California
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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