Kargoo

Kargoo

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

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

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

SeedInvest

Start Date

12/02/2019

Close Date

02/26/2020

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$1,000

Security Type

Debt

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

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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Kargoo on SeedInvest
Platform: SeedInvest
Security Type: Debt

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