Zencargo
Digital freight forwarding services
ZenCargo is on a mission to synchronise supply and demand to help every business deliver amazing customer experiences as efficiently as possible.
Employees
201-500
HQ Location
Farringdon, London, UK
OTTA INSIGHTS
Sam Franklin
CEO of Otta
The global freight forwarding market is expected to reach $277.5 Bn 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. Zencargo estimate there is $1.1 trillion “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.
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.
Their customers include several of the ‘largest businesses in Europe’, including Amazon (Zencargo provides integrated services to ship good to Amazon fulfilment centres).
Last 2 fundraises
Apr 2019
$21.6m
SERIES A
May 2021
$37.8m
SERIES B
This company has top investors
Company benefits
Founders
Alex Hersham
(CEO)4 years at Goldman Sachs and built a shipping business for Cerberus Capital
Richard Fattal
(Chief Commercial Officer )4 years at Morgan Stanley, 4 years as Head of European Operations at Grokker (a startup that delivers video classes from expert instructors)
Joined as an Export Assistant Manager. Promoted to Operations Manager after 1 year and moved on to become Implementation Manager 2 years later.
Diversity & Inclusion at Zencargo
Dominique Sivak (Chief People Officer)
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