Nuvocargo raises $20.5M at a $180M valuation to bolster trade between the US and Mexico

via TechCrunch

December10th, 2021

Nuvocargo has managed to integrate freight forwarding in a single platform with end to end visibility. Founded in 2019 and joined by ALLVP in 2020, Nuvocargo has become the leading digital freight forwarder for the Mexico-US border.

Today, the company raised a $20.5M Series A round led by Tiger Global, with the participation of existing venture capital firms ALLVP, QED Investors, NFX and others.

Deepak Chhugani, founder of Nuvocargo

Check out the full piece written by our dearest Bay Area writer, the one and only Mary Ann Azevedo, here.