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Zencargo
Digital freight forwarding services
- 101-200 employees
- B2B
- Logistics
- Freight
- SaaS
- St Cross Street, London, EC1N 8UA
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Company mission
ZenCargo is on a mission to synchronise supply and demand to help every business deliver amazing customer experiences as efficiently as possible.
Otta's take
Sam Franklin
CEO of Otta
The global freight forwarding market is expected to exceed $250 billion by 2028, and is an incredibly complex market with lots of different companies playing different roles across the supply chain.
There's now enormous scope to use data and smart technology to improve efficiency in the space, so Zencargo has built a platform that uses machine learning and other new technology to rethink how large shipping companies and their customers manage and move cargo.
The company estimates there is trillion dollars “left on the table” from all of the inefficiencies in the supply chain related to things not being in stock when needed, or overstocked, and other inventory mistakes. The scope of this problem, and Zencargo's ability to tackle it, is highlighted by its impressive clientele which includes several of the largest businesses in Europe, including Amazon.
Benefits
- £750 budget for learning and development
- Flexible working; including parent-friendly working hours, flexible hours, working from home days
- Excellent maternity and paternity packages
- Weekly Yoga and discounts at local gyms
- Cycle to work scheme
- Nursery salary saving
- Once in a lifetime opportunity to change one of the biggest industries in the world
- Internationally diverse, sociable, dynamic team with a clear vision and strategy
- 25 days holiday (excl. bank holidays)
Company values
- We Accelerate Learning - We're hungry for new experiences and we stay curious
- We're Strategic - There's only so much time. Let's use it well
- We Build Trust - We're a team. We believe the best of each other
- We Are Outcome-Oriented - We're here to get it done. So let's focus on that
- We Take Ownership - If something needs doing, we do it
Funding (last 2 of 3 rounds)
May 2021
$37.4m
SERIES B
Apr 2019
$21.4m
SERIES A
$62.7m
Total funding
This company has top investors
Founders
Alex Hersham
(CEO)Spent 4 years at Goldman Sachs, and built a shipping business for Cerberus Capital.
Richard Fattal
(Chief Commercial Officer )Spent 4 years at Morgan Stanley, and 4 years as Head of European Operations at Grokker (a startup that delivers video classes from expert instructors).
People progressing
Joined as an Export Assistant Manager. Promoted to Operations Manager after 1 year, then became Implementation Manager 2 years later. 1 year after that, they took up the role of Operations Manager (UK Customs).
Diversity & Inclusion at Zencargo
Dominique Sivak (Chief People Officer)
- A fair chance: Every role in the Zencargo team is open to applications from all sections of society. We believe in the superpowers and potential of everyone, regardless of race, religion or belief, ethnic origin, different physical ability, family structure, socio-economics, age, nationality or citizenship, marital, domestic or civil partnership status, sexual orientation, gender identity, or any other difference that makes you, you!! More than just encouraging your application, we're committed to conscious inclusion that (we hope and intend) cultivates an environment of belonging. We open our doors to those who share these motivations
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