Cargofy

Cargofy develops an AI-driven logistics service to link up truck owners with people seeking to ship goods. The company develops a go-to tool for shippers and carriers, automating freight matching, route planning, and shipment tracking. This service helps truck owners avoid empty miles, saving time and fuel. Cargofys algorithms provide users with instant pricing, proof of delivery documents, and seamless billing and payment. Over 5,000 drivers in Eastern Europe and the U.S. use Cargofy daily, with the network of 42,000 trucks and the total value of all deals conducted on the platform exceeding $55 million. Founded in 2017 by Stakh Vozniak, Alex Kovalchuk, and Dimitri Alexiou, Cargofy is headquartered in Cedar Rapids, eastern Iowa. As of 2023, the company has raised $3 million. Cargofy has two sister companies: fr8lines (provides services for shippers) and Cargohub (transportation management system). They operate under the Forward Group brand